Machine generated contents note: 1. Introduction; Part I. Economics in Action: 2. Creating new markets; 3. Creating a market economy; 4. Globalization and welfare; 5. Money and finance; Part II. Historical Perspectives: 6. Creating a 'scientific' economics; 7. The quest for rigorous macroeconomics;...

This volume analyses Keynesian foundations of post-Keynesian economics, focusing on how uncertainty and liquidity revoke Say's law. It explains the key features of Michal Kalecki's analysis of a capitalist economy and examines his macroeconomics in the short-run. It also provides a brief...