An Alternative Macroeconomic Theory The Kaleckian Model And Post Keynesian Economics

Author : John E. King
Publisher : Springer Science & Business Media
ISBN 13 : 9400918100
Total Pages : 232 pages
Book Rating : 4.08/5 ( download)

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Download or read book An Alternative Macroeconomic Theory: The Kaleckian Model and Post-Keynesian Economics written by John E. King and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 232 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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 :
ISBN 13 : 9789400918115
Total Pages : 240 pages
Book Rating : 4.19/5 ( download)

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Download or read book An Alternative Macroeconomic Theory written by John E King and published by . This book was released on 1996-02-29 with total page 240 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Author : M. Lavoie
Publisher : Springer
ISBN 13 : 0230235484
Total Pages : 179 pages
Book Rating : 4.89/5 ( download)

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Download or read book Introduction to Post-Keynesian Economics written by M. Lavoie and published by Springer. This book was released on 2009-08-21 with total page 179 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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
ISBN 13 : 9780230007802
Total Pages : 168 pages
Book Rating : 4.05/5 ( download)

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Download or read book An Introduction to Post-Keynesian Economics written by Marc Lavoie and published by Palgrave Macmillan. This book was released on 2006-10-03 with total page 168 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book offers an easy to read 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 and stylized facts, such as interest targeting by central banks or constant average variable costs in manufacturing and services. The author shows how these more realistic foundations give rise to macroeconomic implications that are entirely different from those of received wisdom with regards to employment, output growth, inflation and monetary theory. For instance, the author demonstrates that higher minimum wages or real wages can increase both labour employment and the corporate profit rates, and that faster output growth need not lead to higher inflation.

Author : Philip Arestis
Publisher : Edward Elgar Publishing
ISBN 13 : 9781852781545
Total Pages : 340 pages
Book Rating : 4.48/5 ( download)

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Download or read book The Post-Keynesian Approach to Economics written by Philip Arestis and published by Edward Elgar Publishing. This book was released on 1992 with total page 340 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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 : Philip Arestis
Publisher :
ISBN 13 :
Total Pages : 264 pages
Book Rating : 4.68/5 ( download)

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Download or read book Post Keynesian Economic Theory written by Philip Arestis and published by . This book was released on 1985 with total page 264 pages. Available in PDF, EPUB and Kindle. Book excerpt: "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 : Paul Davidson
Publisher : Edward Elgar Publishing
ISBN 13 :
Total Pages : 328 pages
Book Rating : 4.29/5 ( download)

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Download or read book Post Keynesian Macroeconomic Theory written by Paul Davidson and published by Edward Elgar Publishing. This book was released on 1994 with total page 328 pages. Available in PDF, EPUB and Kindle. Book excerpt: Presents a real world alternative to the basic macroeconomic analytical model based on Keynes' revolutionary analysis of a money-using entrepreneurial economy. The limitations of conventional mainstream New Classical and New Keynesian analysis are addressed.

Author : Malcolm C. Sawyer
Publisher :
ISBN 13 :
Total Pages : 584 pages
Book Rating : 4.34/5 ( download)

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Download or read book The Legacy of Michal Kalecki written by Malcolm C. Sawyer and published by . This book was released on 1999 with total page 584 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Author : Paul Wells
Publisher : Springer Science & Business Media
ISBN 13 : 1461523311
Total Pages : 120 pages
Book Rating : 4.14/5 ( download)

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Download or read book Post-Keynesian Economic Theory written by Paul Wells and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 120 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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
ISBN 13 : 1802206957
Total Pages : 448 pages
Book Rating : 4.51/5 ( download)

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Download or read book Post-Keynesian Growth Theory written by Lavoie, Marc and published by Edward Elgar Publishing. This book was released on 2022-02-17 with total page 448 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.