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of the contested legacy of The General Theory, a book that marked the emergence of modern macroeconomics from the earlier … heritage of monetary theory and business cycle and analysis. …
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's twenty eight years in Cambridge, before his return to Australia. The essays include autobiography, theory, review articles …
Persistent link: https://www.econbiz.de/10012106237
This monograph is devoted to the analysis of the dynamics of business cycles and stabilization policies. The analysis is conducted in models of the AS-AD type, focusing on involuntary unemployment and capital accumulation. Major conclusions are the following. (1) Sectoral imbalances, once...
Persistent link: https://www.econbiz.de/10012398214
global crisis presented by the monetary circuit theory, with a special emphasis on Minsky’s financial instability hypothesis …. The authors present a commentary on Keynes’s General Theory with an emphasis on his theory of the scarcity of capital, his …
Persistent link: https://www.econbiz.de/10012402216
The current global financial and economic crisis has called for the revival of Keynesian theory. This sixth volume in … of both theory and application …
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The author reviews retrospectively his developing ideas on theory and policy since he first encountered Keynes …
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theory, and offers an alternative to neoclassical economics and its free-market economic policies …
Persistent link: https://www.econbiz.de/10012054241
This controversial book shows that there is more to economics than dry models and esoteric equations. By investigating the rise and fall of postwar Keynesianism and focusing on the experience of the United States, the author adopts an interdisciplinary approach to show that economics is rooted...
Persistent link: https://www.econbiz.de/10012054277