In light of the recent economic crisis and in keeping with Hyman Minsky’s analysis of financial instability, this book considers the important interaction between cycles and growth, via the interplay between demand, supply and real-world financial issues. Piero Ferri presents a macroeconomic...

1. Introduction : the world economy in historical perspective -- 2. Economic growth and development : a very long-run view -- 3. Growth theories : old and new -- 4. Managing aggregate economic instability : from Keynes to Lucas -- 5. International economic integration in the Second Global Age.

Though scientists and environmentalists have long expressed concern over the rapid deterioration of the global environment, economists have largely failed to recognize the issues relevance to their field. Salah El Serafy argues for an increased focus on the economic aspects of environmental...

With recent turmoil in financial markets around the world, this unique and up-to-date book addresses a number of challenging issues regarding monetary policy, financial markets and macroeconomic policy. While some of the chapters address the recent crisis as well as adjustments to the Basel...

This timely book uses cutting-edge research to analyse the fundamental causes of economic and financial crises, and illustrates the macroeconomic foundations required for future economic policymaking in order to avoid these crises

This Handbook provides an authoritative overview of current research in the field of cost-benefit analysis and is designed as a starting point for those interested in undertaking advanced research. The Handbook contains major contributions to the development of the field, focussing on standard...

Recommended readings (Machine generated): Alesina, A. and S. Ardagna (1998) 'Tales of Fiscal Adjustment', Economic Policy, October: 489-545 -- Alesina, A. and R. Perotti (1995) 'Fiscal Expansion and Adjustments in OECD Countries', Economic Policy, 10 (21): 205-48 -- Alesina, A. and R. Perotti...

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...

Contents: Introduction -- 1. The relevance of The General Theory at 80: economic change and economic theory / Victoria Chick -- 2. Against twisting The General Theory / Maria Cristina Marcuzzo -- 3. The Keynesian unblocking / Robert Skidelsky -- 4. The attacks on The General Theory: how Keynes's...

Since the beginning of the twenty-first century, there has been an unprecedented move towards 'rethinking economics' due to the damages generated by the global financial crisis that burst in 2007-2008. Almost a decade after this crisis, policy is still unable to provide all citizens greater...