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operate at the level of full employment without provoking unmanageable inflation. They also contend that budget deficits do …pt. I. Introduction -- pt. II. Functional finance : the background -- pt. III. Assessing the inflation barrier -- pt …
Persistent link: https://www.econbiz.de/10011852035
Axel Leijonhufvud has made a unique contribution to the development of macroeconomic theory. This volume draws together … his insightful essays dealing with the extremes of economic instability: great depressions, high inflation and the …pt. 1. Keynesianism, monetarism and rational expectations -- pt. 2. Monetary regimes and inflation -- pt. 3. Markets …
Persistent link: https://www.econbiz.de/10011852116
This major volume develops a rigorous equilibrium-free political economy based on labour values. Rooted in a non-dualistic approach restoring money to its central role in a commodity economy, Marx and Non-Equilibrium Economics is the fruit of extensive international collaboration reflecting a...
Persistent link: https://www.econbiz.de/10014473902
Persistent link: https://www.econbiz.de/10014473989
appropriate theoretical basis for financial regulation. In this book, the authors demonstrate how to enhance the theory, modelling …
Persistent link: https://www.econbiz.de/10014474042
"In this incisive fifth edition of Financial Crises and Recession in the Global Economy, Roy E. Allen examines the major financial instabilities, crises, and evolutionary trends since the 1970s and through the recent Covid-19 pandemic. Providing empirical research on the relation between money...
Persistent link: https://www.econbiz.de/10014437075
1. Introduction -- Part I: basic concepts -- 2. Piketty's contribution -- 3. Measurement -- 4. Inequality and aggregate demand -- Part II: endogenous dynamics and instability -- 5. Aggregate demand, growth and instability -- 6. Wealth, public debt and instability -- 7. Recursive workhorses --...
Persistent link: https://www.econbiz.de/10012419908
demonstrates the considerable influence that his work on economic theory has had on his contemporaries, and the profession as a … / Mark Roberts -- Endogenous growth theory : a partial critique / Philip Arestis and Malcolm Sawyer -- The nature of economic … growth and the neoclassical approach. : more questions than answers? / John McCombie -- On the core of macroeconomic theory …
Persistent link: https://www.econbiz.de/10011850558
. Starting with Aristotle, the collection tracks the development of the modern theory of money through the ages by thinkers like … on Early Monetary Theory will be of interest to bankers, historians, and macroeconomists and can be used as a …
Persistent link: https://www.econbiz.de/10012416715
Part I basic statements and analyses -- 1. The concept of nation -- 2. The theory of exchange -- 3. Equilibrium and … international monetary equilibrium in modern monetary systems -- 11. Money creation in hierarchical systems -- 12. Inflation, a …
Persistent link: https://www.econbiz.de/10012419906