Controversies in Post Keynesian Economics proves that it is possible to meet the most exacting scholarly standards while also managing to make economics enjoyable to read.

Drawing on this susceptibility cycle model, Jerry Courvisanos shows how corporate and governmental strategic planners can better design policies to mitigate the instability that investment exhibits. The result could be to diminish the aggravating effect that investment instability has on...

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.