This book discusses the future of MERCOSUR, focusing on monetary union and macroeconomic policy co-ordination, and addresses a number of important questions including: is it possible, or even desirable, to achieve monetary integration?; what would the pre-conditions be for establishing such a...

The authors offer a sustained argument that the single currency as currently implemented does not promise to deliver prolonged growth. They contend that the economic impact of the euro, and its accompanying institutions, is likely to be destabilising and deflationary; that the political impact...

This major reference book has been designed to provide a comprehensive coverage of radical political economy. International in scope, The Elgar Companion to Radical Political Economy includes contributions from a very wide range of specialists who discuss topics, ideas and theories in the field.

This is the first biographical dictionary of dissenting economists to appear in any language. As an extensive and authoritative guide to economists both past and present, it provides biographical, bibliographical and critical information on 90 economists working in the non-neoclassical...

The ‘third way’ is a term often used by politicians and others to indicate a set of new policies adopted by former social democratic parties throughout the world. This book is an attempt to dissect the ideas and economic theory behind the rhetoric of the ‘third way’ through a critical...

This major two volume collection of previously published articles assesses the intellectual legacy of Michal Kalecki (1899–1970), combining a selection of Kalecki’s own writings with papers which evaluate and extend his work.

Post-Keynesian Economics denotes a loose grouping of economists who regard the insights of Keynes and Kalecki as the starting point for both a critique of conventional equilibrium analysis and the basis for a new macroeconomics based on the investment behaviour of the class of individuals who...