Chapter 1. Looking for dynamic economics: Tinbergen’s early breakthrough -- Chapter 2. Relaxation oscillations in the early development of econometrics: a road not taken -- Chapter 3. Frisch’s macro-dynamics: inner stability and external impulses -- Chapter 4. Kalecki’s macro-dynamics:...

This book offers a fresh perspective on the early history of macroeconomics, by examining the macro-dynamic models developed from the late 1920s to the late 1940s, and their treatment of economic instability. It first explores the differences and similarities between the early mathematical...

In the midst of the current world economic crisis, many claim there is a necessity to return to the Marxian and Keynesian traditions in order to better understand the dynamics of market economies. This book is an important step in that direction. It presents a critical examination of the...

Why study business cycles? -- Describing business cycles -- Early business cycle theories -- Keynes' and Keynesian theory -- The monetarist model -- The rational expectations model -- Real business cycle models -- New Keynesian models -- Models of credit and financial instability --...