In standard economic theory human beings are portrayed as selfish money-maximizing actors. This book investigates the conditions under which people deviate from this prediction and when they are prepared to contribute to the common good in a more altruistic fashion. Based on field experiments...

Preface -- 1. Introduction -- 2. Growth and distribution: the last 300 years -- 3. Growth and distribution: the Kaleckian perspective -- 4. An integration of the real and the monetary economy -- 5. Financial flows, distribution and capital controls -- 6. Epilogue: challenges and possibilities.

Introduction / Jacques Silber and Guanghua Wan -- 1. An Asian poverty line? issues and options / Stephan Klasen -- 2. A poverty line contingent on reference groups: implications for the extent of poverty in some Asian countries / Satya R. Chakravarty, Nachiketa Chattopadhyay, and Jacques Silber...

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 --...

Innovation, Unemployment and Policy in the Theories of Growth and Distribution increases our understanding about the more relevant economic determinants and policy aspects of the interdependence between economic growth and income distribution

China in the Global Economy focuses on the theme of twin transitions occurring in the Chinese economy: the transition from a centrally planned economic system to a market oriented one, and from an agrarian to a modern industrialised society. China's exporters face unprecedented competition in...

Providing much needed context for current events like the sub-prime mortgage crisis, this timely book presents a vision of an economy evolved to greater dependence on consumer credit and analyzes the trade-offs and risks associated with it. While synthesizing the Keynesian theory of consumption...