Money, Coordination and Prices explains the phenomenon of nominal price rigidity as a characteristic of a monetary economy by means of an innovative combination of insights, using several strands of economic thought, to analyse the monetary economy. The work connects neoclassical and New...

This book makes a well written and clearly argued contribution to important questions about the nature of competition in capitalist societies. It develops a conception of competition as a survival process which is dynamic as opposed to the static nature of the neo-classical view of competition...

These two volumes reflect the spirit of Keynes’s General Theory without however repudiating the whole of orthodox neoclassical economics. The aim of this brand of neo-Keynesian economics is to synthesize the Keynesian integration of the real and monetary sectors of the economy with the...

This important reference collection presents the key literature on the post Keynesian theory of growth and distribution from its origins in the writings of Kaldor and Passinetti, through the subsequent debate on the Passinetti theorem to the most recent developments in the current literature. It...

This widely acclaimed book argues that money is not the product of a simple deposit multiplier process. The impressive analysis includes discussions of the origins and nature of money and of the evolution of monetary institutions and theory. Unlike other recent works on ‘endogenous...

This book offers new policy prescriptions from the post Keynesian perspective to achieve full employment without inflation. Paul Davidson and Jan Kregel – both world renowned economists – have selected papers that rigorously examine real world issues including: the challenge of attaining...

This major two volume collection of previously published articles assesses the intellectual legacy of Michal Kalecki (1899–1970), combining a selection of Kalecki’s own writings with papers which evaluate and extend his work.

Post-Keynesian economics is moving beyond criticism of mainstream economics and is focusing on providing a positive alternative to orthodoxy. This book gathers carefully selected and original papers by a number of distinguished post-Keynesian writers from Europe and the Americas and converges on...

In this challenging book, John King makes a sustained and comprehensive attack on the dogma that macroeconomic theory must have ‘rigorous microfoundations’. He draws on both the philosophy of science and the history of economic thought to demonstrate the dangers of foundational metaphors and...