The Post-Keynesian Approach to Economics: An Alternative Analysis of Economic Theory and Policy

ISBN-10
1858980135
ISBN-13
9781858980133
Category
Business & Economics
Pages
336
Language
English
Published
1994-01-01
Publisher
Edward Elgar Pub
Author
Philip Arestis

Description

'The real strength of Arestis's book is in providing a survey of a very large number of contributions which have gone into building-up this central position. Thoughtful students who have had a thorough grounding in neoclassical macroeconomics and want to see something of the alternatives, would learn much from Arestis (as would their teachers).' - Adrian Winnett, Cyprus Journal of Economics '. . . [provides] excellent expositions for students [and] should allow discussion to concentrate on the theoretical consistency of the various components of the post-Keynesian alternative.' - J.A. Kregel, the Economic Journal This major new book provides a coherent critique of the neo-classical synthesis together with a comprehensive and systematic introduction to the post-Keynesian alternatives. Professor Arestis demonstrates that post-Keynesian economics offers a challenge to conventional neo-classical economics. He argues that although post-Keynesianism is not problem-free, it nevertheless offers a more satisfactory explanation of 'real' phenomena.

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