How did economic “experts” worldwide fail to predict the financial crisis of 2007-2008? Eminent economist Paul Davidson discusses how mainstream economic theory may not be applicable to the world of experience. Post Keynesian theory, on the other hand, is designed to be applicable to the...

Working from Keynes’s revolutionary analysis of a money-using entrepreneurial economy, this important new book presents a real world alternative to the basic macroeconomic analytical model. In Post Keynesian Macroeconomic Theory, Paul Davidson addresses the limitations of conventional...

This important book provides an understanding and appreciation of the current problems of income distribution in various nations around the world. The essays run from theory to policy, from domestic to international perspectives and throughout an attempt is made to integrate personal...

This book explores key economic problems and new policies for the global economy of the 21st century. The contributors discuss to what extent past policy errors were due to the incompetence of policymakers, and highlight problems including: international payments imbalances and currency crises,...

Using this textbook in macroeconomics courses will provide students with a pragmatic insight that will be both useful and productive.

This book offers new policy prescriptions from the post Keynesian perspective to achieve full employment without inflation. Paul Davidson and Jan Kregel – both world renowned economists – have selected papers that rigorously examine real world issues including: the challenge of attaining...

Controversies in Post Keynesian Economics proves that it is possible to meet the most exacting scholarly standards while also managing to make economics enjoyable to read.

This important new book brings together a significant body of new essays on some of the central economic problems facing governments, firms and individuals in the 1990s.

This important book brings together a significant body of new essays on key economic problems and challenges of the 1990s. Under the direction of Paul Davidson and Jan Kregel, an international group of distinguished economists provide new perspectives on key issues including economic...

Paul Davidson investigates why the 1990s was a decade of financial crises that almost precipitated a global market crash. He explores the reasons why the global economy still struggles with the aftermath of these crises and discusses the possibility that volatile financial markets in the future...