Jamee Moudud provides a new microfoundational explanation for the Harrodian long-run or warranted growth rate. The author, emphasizing the role of Keynesian uncertainty, shows that the growth model is anchored in a new interpretation of the Oxford Economists" Research Group's microeconomic...

Based on neoclassical theory, cutting budget deficits has come to be seen as a principal way to increase long-run growth, but the empirical evidence is ambiguous on the outcome of this macropolicy. A new model, the classical growth cycles (CGC) model, offers an alternative theoretical framework...

1. The fallacy of competition : markets and the movement of capital / John Weeks -- 2. The hidden history of competition and its implications / Jamee K. Moudud -- 3. Synthetic competition, global oil, and the cult of monopoly / Cyrus Bina -- 4. Catallactic competition, business organization, and...