Joseph Halevi, G. C. Harcourt, Peter Kriesler and J. W. Nevile bring together a collection of their most influential papers on post-Keynesian thought. Their work stresses the importance of the underlying institutional framework, of the economy as a historical process and, therefore, of path...

During the past two decades, the macroeconomic policy debate has been dominated, both in developed and developing countries, by supply-side considerations. The distinguished list of contributors to this important new book conclusively argue that this has led towards depression at a world level,...

The paper analyses the evolution of the financial crisis as it spread throughout the real economy during 2009. It is argued that public funding of failed banks and financial institutions does not represent a path to a more stable financial system. It is also pointed out that structural...

This paper presents a general overview of the structural transformations marking the "new capitalism" and analyzes the contradictions of European neomercantilism within the Great Recession. In the past two decades, neoliberalism turned into a paradoxical sort of privatized financial Keynesianism...