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Inequality, Consumer Credit and the Saving Puzzle
Providing much needed context for current events like the sub-prime mortgage crisis, this timely book presents a vision of an economy evolved to greater dependence on consumer …
Modern Monetary Macroeconomics
This timely book uses cutting-edge research to analyze the fundamental causes of economic and financial crises, and illustrates the macroeconomic foundations required for future …
The Economics of Financial Turbulence
This challenging book examines the origins and dynamics of financial-economic crises. Its wide theoretical scope incorporates the theories of Marx, Keynes and various other Post …
The Economics of Keynes
In his 'New Guide' to The General Theory, Mark G. Hayes presents Keynes's illustrious work as a sophisticated Marshallian theory of the competitive equilibrium of the economy as a …
New Directions in Post-Keynesian Economics
This innovative book is an important attempt to develop a positive alternative to economic orthodoxy in major areas such as economic policy, monetary theory and methodology. …
Financial Underpinnings of Europe’s Financial Crisis
This book analyzes how financial liberalization affected the development of the financial crisis in Europe, with particular attention given to the ways in which power asymmetries …
Keynes’s Third Alternative
This important new book - the first of its kind - provides a detailed analysis and critical appraisal of the neo-Ricardian Keynesians and the post Keynesians. After placing them …
Financialization and the US Economy
Profound transformations have taken place both in the US and the global economy, especially in the realm of finance. Financial markets and transactions have been growing …
Employment, Growth and Development
Bringing together over a dozen post-Keynesian experts on the issues of employment, growth, development and exchange rates, this book breaks new ground by offering interesting and …
Aggregate Demand, Inequality and Instability
This book studies the relationships between aggregate demand, inequality and instability. It extends the traditional approach by introducing wealth and inequality into a dynamic …
Wages and Profits in the Capitalist Economy
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 …
Money, Method and Contemporary Post-Keynesian Economics
The Post-Keynesian methodology emphasising uncertainty is indispensable to analysing and understanding the major challenges of the 21st Century. On that basis, this book focuses on …