Abstract: The impact of uncertainty on the decision-making of economic agents, such as firms and households, is a important but often neglected element of micro- and macroeconomic theory. With the onset of the financial crisis in 2007 and the strong increase in uncertainty that accompanied it,...

Jan A. Kregel is one of the most important post-Keynesian economists alive. These essays deal with topics ranging from financial crisis in developing countries to today's financial regulations in the US. This key collection examines crises and their impact on growth from post-Keynesian and...