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The article analyses Kaldor's ideas on economic policy, his interest in policy issues, and his contribution on specific policies. It underlines Kaldor's strong and cogent views on three main topics: monetary and fiscal policy, the control of cost inflation, and the stabilisation of commodity...
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Agency / Edward J. McKenna and Diane C. Zannoni -- Austrian School of Economics / Stephen D. Parsons -- Babylonian mode of thought / Sheila C. Dow -- Balance-of-payments-constrained economic growth / J.S.L. McCombie -- Banking / Gillian Hewitson -- Bastard Keynesianism / John Lodewijks, Bretton...
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This book documents the history of economic discourse in Australia and New Zealand from the early days of European settlement. Many of the early economists were immigrants (William Hearn, Charles Pearson, Catherine Spence, David Syme). A few (such as W.C. Wentworth, born on the First Fleet) were...
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I begin by setting out the core of Post Keynesian macroeconomics, and then distinguish three schools within Post Keynesian theory: the fundamentalist Keynesian approach taken by Paul Davidson, the Kaleckian variant represented by Eckhard Hein, and Hyman Minsky’s financial instability...
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