This innovative book sheds new light on the emerging confluence between labour and industrial economics: the view that labour as capital is the dominant factor of production. This factor is commonly embraced under the term intangible capital.

This comprehensive three-volume edition brings together the most important contributions in capital theory, from its classical origins to its modern manifestation in endogenous growth models. The readings examine the recurring controversies, and the two incisive, and sharply contrasting...

A number of the authors challenge the foundations for the growing claims that increased central bank independence will ensure, at no cost, that inflation is both lower and less variable, finding that there are significant employment costs associated with central bank independence. The authors...

Wages and Profits in the Capitalist Economy provides an incisive study of the impact of monopolistic power on macroeconomic performance in the USA and the UK since 1945, within a post-Kaleckian framework.

This important and timely book examines the impact of different financial systems on investment. It considers the increasing effects of globalization on the relationship between national financial systems and investment, which is especially relevant in light of the recent Asian crisis.

The Market, Competition and Democracy provides a comprehensive critique of neo-Austrian economics, from the work of von Mises and Hayek in the 1920s to the present day. It is argued that, in their effort to deprive the state of any power to intervene in the economy, the neo-Austrians are led to...

In this definitive volume, over 80 distinguished contributors from four continents provide authoritative critical discussion of the principal areas of controversy in post Keynesian economics, including all significant issues in methodology, economic theory, applied economics and policy.

In this timely and thought-provoking book, Eckhard Hein illustrates that the Great Recession, which hit the world economy in 2008/09, is rooted in the contradictions of finance-dominated capitalism. The author provides an in-depth exploration of the macroeconomics of finance-dominated...

Post Keynesian analyses of monetary production have not given much attention to households as institutions, while a good deal of the literature in feminist economics discusses households in a strictly microeconomic context, with little consideration of monetary phenomena. This book, a unique...