Contents: Preface -- Part I Classical competition: theory, evidence, and criticism -- 1. François Quesnay: Circular flow and input-output -- 2. Adam Smith: The 'invisible hand' and accumulation -- 3. Adam Smith II: The 'invisible hand' and 'natural prices' -- 4. David Ricardo: Prices,...

The thesis developed in this paper is that contrary to the claims of its proponents, the main supply-side consequence of neoliberalism was to zap labour, institutionalize worker insecurity, and install an `incomes policy based on fear' in the US economy. Like any successful incomes policy, this...

This book builds on the Marx-Keynes-Schumpeter approach to understanding the evolution of capitalism. It does so by focusing on current frameworks that study macro-dynamical systems in the tradition of the Classical, the Neoclassical and the Keynesian interpretation of the working of modern...