This volume deals with both a new theoretical framework and the capability of new economics to tackle a number of economic problems.It offers detailed analysis and informed comment on the type of new economics emerging in the aftermath of the financial crisis and the 'great recession'

This book covers the development of Economics in Japan from the inter-war period to the 2000s focusing on the international theoretical contributions of Japanese economists. The first focal point is the international contributions of Japanese economists before and after World War II. The second...

Economic, financial and social commentators from all directions and persuasion are obsessed with the prospect of recovery. The world remains mired in a deep, prolonged crisis, and the key question seems to be how to get out of it. The purpose of our paper is to ask a very different question that...

1 Introduction -- Part I Imperfect Competition -- 2 Imperfect Competition and the Marginal Principle -- 3 The Problem of Duopoly -- 4 Oxford Studies in the Price Mechanism -- Part II Keynes -- 5 The Cambridge ‘Circus’ -- 6 Some Aspects of the Development of Keynes’s Thought -- 7 ‘The...