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Keynes And Macroeconomics After 70 Years |
Edited by L. Randall Wray, Senior Scholar, The Levy Economics Institute, Bard College and Professor of Economics, University of Missouri, Kansas City, US and Mathew Forstater, Associate Professor of Economics and Director, Center for Full Employment and Price Stability, University of Missouri, Kansas City, US
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Contents:
Introduction
PART I: KEYNES AND HETERODOX ECONOMICS
1. Heterodox Macroeconomics: What, Exactly, Are We Against?
John E. King
2. Keynes the Keynesian: A Lakatosian Insight into Keynes’s
‘Probable’ Theoretical Contributions to Macroeconomics after 1937
Jesús Muñoz and Joel Bonales
PART II: FOUNDING FATHERS OF POST KEYNESIAN ECONOMICS
3. Minsky and Keynes on Investment Volatility: Was There an
Overstatement?
André Lourenço
4. Two Founding Fathers of the Post Keynesian Critical Appraisal of
Self-balancing Mechanisms?
Lino Sau
5. The Contributions of Tom Asimakopulos to Post Keynesian Economics
G.C. Harcourt
6. Asimakopulos’s Criticism of Keynes’s Short-period Equilibrium: A
Reformulation
Abdelkader Slifi
PART III: KEYNESIAN MODELS
7. Modeling Keynes with Kalecki
Colin Richardson and Jerry Courvisanos
8. A Keynesian Model for the 21st Century
H. Sonmez Atesoglu
9. Capital Accumulation, Income Distribution, Technical Progress and
Endogenous Money in a Post Keynesian Macrodynamic Model
Luciano Dias Carvalho and José Luís Oreiro
PART IV: KEYNESIAN POLICY
10. Keynes on the Control of the Money Supply and the Interest Rates
Carlo Panico
11. Inflation Targeting in Brazil: A Keynesian Approach
Luiz Carlos Bresser-Pereira and Cleomar Gomes da Silva
12. Eisner’s Radical Approach to Social Security – Tell the Truth!
Stephanie Kelton
PART V: MODERN DEVELOPMENT AND EXTENSIONS OF KEYNESIAN ECONOMICS
13. Investment Finance and Financial Sector Development
Bokhyun Cho
14. Keynes’s Theory of Probability, Investment Behavior, and
Behavioral Finance
Edwin Dickens
15. Real Exchange Rate Levels, Investment and Growth: A Keynesian
Perspective
Paulo Gala
16. A Reinterpretation, Remedy and Development of Keynes’s Liquidity
Preference Theory
Wenge Huang
17. Keynes’s ‘Revolving Fund of Finance’ and Transactions in the
Circuit
Steve Keen
18. Monetary and Fiscal Policies in a Post Keynesian Stock-flow
Consistent Model
Edwin Le Heron
19. Expectations and Unemployment
J.W. Nevile and Peter Kriesler
Index |
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2009
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352 pp
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Hardback |
978 1 84720 581 0
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$
150.00
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on-line discount
$
135.00
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