This unique book focuses on the central issues in macroeconomics - examining some of the lively theoretical controversies troubling contemporary economists - in order to establish a genuine basis for communication between the alternative theoretical traditions. The past two decades have...

In the midst of the current world economic crisis, many claim there is a necessity to return to the Marxian and Keynesian traditions in order to better understand the dynamics of market economies. This book is an important step in that direction. It presents a critical examination of the...

Monetary Scenarios is an original synthesis of post Keynesian macroeconomic and monetary theory with the new microeconomics of the behavioural, transaction cost and public choice theorists. These theoretical ideas are integrated with recent historical and institutional material from the United...

The German economy expanded vigorously in 2011; GDP increased by 3%. During the year, production reached its pre-crisis level. The outlook for 2012, however, is not favourable. Although the German economy will not slide into recession - unlike many other euro-area countries - declining demand within...

Die deutsche Wirtschaft ist im Jahr 2011 weiter kräftig gewachsen; das Bruttoinlandsprodukt (BIP) stieg um 3 %. Im Jahresverlauf wurde das Vorkrisenniveau überschritten. Die Aussichten für das Jahr 2012 sind nicht besonders günstig. Zwar dürfte es in Deutschland - im Unterschied zu mehreren...

This book explores the most prominent economic explanations of the Great Depression and how it affected the lives, experiences, and subsequent thinking of economists who lived through that era. Presented in interview format, this collection of conversations with Moses Abramovitz, Morris Adelman,...

This timely and authoritative book explains the rise and fall of economies in Asia, Central America and Europe since 1980 and discusses these crises in the context of continuing economic globalization. This updated and fully revised edition includes a detailed account of the Mexican crisis of...

"This volume contains thirty-seven contributions from the most significant early developers of monetary economics. Starting with Aristotle, the collection tracks the development of the modern theory of money through the ages by thinkers like Thomas Aquinas, Martin de Azpilcueta, John Locke,...

Money, distribution and economic policy takes issue with the inappropriate treatment of money, effective demand and distribution issues in modern mainstream macroeconomics. It presents contributions which are critical of modern orthodoxy and which explore alternative approaches to macroeconomics...

A statement of problem -- The theory of the demand for money -- A theory of the supply of money -- The quantity theory of money -- Inflation without a quantity of money : the Wicksellian approach. -- Technological risk and the social function of real debt -- Monetary risk and the social function...