This important text develops Keynes's analytical framework for both closed and open economies and provides policy guidance for the global economy of the 21st century. In particular, it deals with problems such as inflation,financial contagion, global unemployment, outsourcing, trade patterns, and developing an international financial system that encourages expansionary growth among all trading partners while avoiding sovereign debt problems. Using this textbook in macroeconomics courses will provide students with apragmatic insight that will be both useful and productive.
This important text develops Keynes's analytical framework for both closed and open economies and provides policy guidance for the global economy of the twenty-first century.
This book has already proved to be of interest to a wide range of economists and can be expected to continue to do so for a long time to come.
Tables and charts are revised through 1990, and the text has been revised accordingly. An expanded preface to the revised edition makes this book very relevant to contemporary problems and policy.
This book shows how the realistic foundations and stylized facts of Post-Keynesian economics give rise to macroeconomic implications that are different from those of received wisdom with regards to employment, output growth, inflation and ...
A Guide to Post-Keynesian Economics
Davidson, Paul (2007), Interpreting Keynes for the 21st Century, London: Macmillan. Dornbusch, Rudiger, Stanley Fischer and Paul A. Samuelson (1977), 'Comparative Advantage, Trade, and Payments in a Ricardian Model with a Continuum of ...
Does it actually build upon Keynes' work? In this volume, leading post Keynesian economists challenge New Keynesianism both on the grounds that it is not Keynesian, and does not provide an adequate account of our current economic problems.
This text provides a history of the post Keynesian approach to economics since 1936.
This book shows how post-Keynesian economics constitutes a coherent heterodox alternative, based on realistic assumptions and the integration of the financial and real sides of the economy, with an emphasis on the many paradoxes that arise ...
This second edition explores how money 'works' in the modern economy and synthesises the key principles of Modern Money Theory, exploring macro accounting, currency regimes and exchange rates in both the USA and developing nations.