An Alternative Macroeconomic Theory The Kaleckian Model And Post Keynesian Economics
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Author | : John E. King |
Publisher | : Springer Science & Business Media |
Total Pages | : 232 |
Release | : 2012-12-06 |
Genre | : Business & Economics |
ISBN | : 9400918100 |
lE. King Michael Kalecki (1899-1970) was one of the most important, and also one of the most underrated, economists of the twentieth century. In the 1930s he made a series of fundamental contributions to macroeconomic theory which anticipated, complemented and in some ways surpassed those of Keynes. Almost entirely self-educated in economics, and influenced rul much by Marxism as by mainstream theory, Kalecki very largely escaped the fatal embrace of pre-Keynesian orthodoxy, which blunted the thrust of the General Theory. Many Post Keynesians, in particular, have found in his work the elements of a convincing alternative to what Joan Robinson -Kalecki's greatest advocate in the English-speaking world - was scathingly to describe as 'bastard Keynesianism' . But Kalecki was never interested in theory for its own sake. He approached economics from a practical perspective, wrote extensively on applied and policy questions, and in the [mal decades of his life turned his attention increasingly to problems of economic development and the management of state socialist economies.
Author | : John E King |
Publisher | : |
Total Pages | : 240 |
Release | : 1996-02-29 |
Genre | : |
ISBN | : 9789400918115 |
Author | : M. Lavoie |
Publisher | : Springer |
Total Pages | : 179 |
Release | : 2009-08-21 |
Genre | : Business & Economics |
ISBN | : 0230235484 |
This book offers an accessible introduction to post-Keynesian economics, showing that there is an alternative to neoclassical economics and its free-market economic policies. Post-Keynesian economics is founded on realistic assumptions, such as interest targeting by central banks or constant average variable costs in manufacturing and services
Author | : Marc Lavoie |
Publisher | : Palgrave Macmillan |
Total Pages | : 150 |
Release | : 2009-09-15 |
Genre | : Business & Economics |
ISBN | : 9780230229211 |
This book offers an accessible introduction to post-Keynesian economics, showing that there is an alternative to neoclassical economics and its free-market economic policies. Post-Keynesian economics is founded on realistic assumptions, such as interest targeting by central banks or constant average variable costs in manufacturing and services.
Author | : Philip Arestis |
Publisher | : |
Total Pages | : 264 |
Release | : 1985 |
Genre | : Business & Economics |
ISBN | : |
"This collection of major new essays offers a full range of alternative ways of looking at the economy. The alternatives adopted here focus on the post-Keynesian body of thought. The authors call into question the traditional ways of thinking on a number of economic issues... The essays offered here represent a serious challenge to the prevailing orthodoxies and demand new ways of thinking about economics."--p. [4] of cover.
Author | : Philip Arestis |
Publisher | : Edward Elgar Publishing |
Total Pages | : 340 |
Release | : 1992 |
Genre | : Business & Economics |
ISBN | : 9781852781545 |
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 neoclassical economics. He argues that although post Keynesianism is not problem-free, it nevertheless offers a more satisfactory explanation of 'real' phenomena. The post Keynesian Approach to Economicsreveals the microfoundations of post Keynesian economics and describes how these theoretical propositions link up with the macrofoundations. In doing so, it demonstrates that money pricing, capital accumulation, growth and distribution are linked very closely together. The economic policy implications are discussed extensively.
Author | : Malcolm C. Sawyer |
Publisher | : |
Total Pages | : 584 |
Release | : 1999 |
Genre | : Capitalism |
ISBN | : |
Author | : Paul Wells |
Publisher | : Springer Science & Business Media |
Total Pages | : 120 |
Release | : 2012-12-06 |
Genre | : Business & Economics |
ISBN | : 1461523311 |
Post-Keynesian Economic Theory explores and develops several areas of post- Keynesian economics most in need of additional fundamental research, including: a monetary theory of production; post-Keynesian price theory; international economics; labor economics; financing aggregate demands; and the liquidity preference theory of interest. The book presents a constructive post-Keynesian critique of contemporary macroeconomic conceptualization and practice. It illustrates the illusory character of the search for unique, determinate results in the problems of macroeconomics and clearly demonstrates the complexity and resulting richness of meaningful economic theory.
Author | : Lavoie, Marc |
Publisher | : Edward Elgar Publishing |
Total Pages | : 448 |
Release | : 2022-02-17 |
Genre | : Business & Economics |
ISBN | : 1802206957 |
Post-Keynesian Growth Theory is a collection of 18 articles by Marc Lavoie, published between 1995 and 2020, with an extended foreword by Eckhard Hein. Marc Lavoie’s introduction recalls how he became attracted to the post-Keynesian theory of growth more than 45 years ago and explains how and why this book came about.
Author | : Sheila C. Dow |
Publisher | : Edward Elgar Publishing |
Total Pages | : 296 |
Release | : 2002 |
Genre | : Business & Economics |
ISBN | : |
While the first conference (1993) focused on methodological issues, the 13 papers of the second are more concerned with developments in theory, empirical work, and policy questions as they seek to carry on the insights of economist John Maynard Keynes into and through the 1990s. Among the themes are the relationship between microeconomic and macroeconomic levels, uncertainty and its implications for individual behavior as it underpins macroeconomic behavior, and applying post- Keynesian theory to policy questions particularly in the international arena. The proceedings of the first conference were published under a separate title, and this series begins Volume One with the second conference. Annotation copyrighted by Book News, Inc., Portland, OR