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Books > Business & Economics > Economics > Macroeconomics > General

Arguing with Zombies - Economics, Politics, and the Fight for a Better Future (Paperback): Paul Krugman Arguing with Zombies - Economics, Politics, and the Fight for a Better Future (Paperback)
Paul Krugman
R489 R400 Discovery Miles 4 000 Save R89 (18%) Ships in 10 - 15 working days

There is no better guide than Paul Krugman to basic economics, the ideas that animate much of our public policy. Likewise, there is no better foe of zombie economics, the misunderstandings that just won't die. Arguing with Zombies is Krugman "the most hated and most admired columnist in the US" (Martin Wolf, Financial Times) at his best, turning readers into intelligent consumers of the daily news with quick, vivid sketches of the key concepts behind taxes, health care, international trade and more. In this new book, in which he builds on and expands his The New York Times columns and other writings, "the most celebrated economist of his generation" (The Economist), offers short, accessible chapters on topics including the European Union and Brexit, the fight for national health care in the United States, the financial meltdown of 2007-2008, the attack on Social Security and the fraudulent argument-the ultimate zombie-that tax cuts for the rich will benefit all.

Capitalism with a Human Face (Hardcover): Samuel Brittan Capitalism with a Human Face (Hardcover)
Samuel Brittan
R3,450 Discovery Miles 34 500 Ships in 12 - 17 working days

Capitalism With a Human Face is a carefully edited selection of Samuel Brittan's most important recent essays. It covers topics ranging from utilitarianism and the ethics of self-interest, to the principles of macroeconomic policy and how to price people into work without throwing them into poverty. The book will be controversial, for the individualistic ethic, which it is so fashionable to attack, is not merely defended but celebrated. This collection will be of special interest both to readers of Samuel Brittan's articles who would like a more extended treatment and those new to his work. A notable feature is a specially written introduction explaining how the author came to take up political economy and how he arrived at the positions elaborated in this book.

UNIVERSAL BANKING IN THE TWENTIETH CENTURY - Finance, Industry and the State in North and Central Europe (Hardcover): Alice... UNIVERSAL BANKING IN THE TWENTIETH CENTURY - Finance, Industry and the State in North and Central Europe (Hardcover)
Alice Teichova, Terry Gourvish, Agnes Pogany
R3,660 Discovery Miles 36 600 Ships in 12 - 17 working days

This important new volume addresses the many aspects of banking in European market economies in the twentieth century, making innovative and authoritative research available to historians, economists, financiers and business analysts. The distinguished group of authors examines the historic role of banks in utilizing domestic and foreign financial resources. Their contributions show that from the 1880s onwards banks became an integral part of the capital market in continental Europe. In the course of this development the banks played a crucial part in financing industry in North and Central Europe. This symbiotic relationship between banks and industry is analysed and is shown to have had a decisive impact on the inflation and crisis-prone interwar period. The comparative and quantitative methods applied in these papers reveal differences between the countries of North and Central Europe, especially with regard to the degree of state intervention in individual economies. Other topics discussed include the networks of interlocking directorships, the effectiveness of banking legislation and the impact of the national question on banking in central and Southeast Europe. Universal Banking in the Twentieth Century illustrates both striking similarities and marked differences in the role of universal banking across Europe in terms of the level of industrialization and the pace of economic growth.

National Accounting and Economic Growth (Hardcover): John M. Hartwick National Accounting and Economic Growth (Hardcover)
John M. Hartwick
R9,549 Discovery Miles 95 490 Ships in 12 - 17 working days

This research review departs from Solow's 1957 seminal paper on the measurement of technical change. It studies the idea into the comprehensive development of total factor productivity and the index number innovations. It also analyses the measurement of productivity growth and the usefulness of GDP measurement as well as perennial problems in measurement of output of certain sectors and of certain processes in an economy.

MACROECONOMIC THEORY - Diversity and Convergence (Hardcover): Gary Mongiovi, Christof Ruhl MACROECONOMIC THEORY - Diversity and Convergence (Hardcover)
Gary Mongiovi, Christof Ruhl
R3,308 Discovery Miles 33 080 Ships in 12 - 17 working days

This unique book focuses on the central issues in macroeconomics - examining some of the lively theoretical controversies troubling contemporary economists - in order to establish a genuine basis for communication between the alternative theoretical traditions.The past two decades have witnessed the emergence of several competing approaches to macroeconomic analysis: post Keynesian economics, Kaleckian analysis, neo-Ricardian theory, the neo-Austrian school, the Rational Expectations School etc. This book presents new work by 14 respected economists from nine different countries who address a series of unresolved yet well-defined issues in monetary theory and policy, market structure and accumulation, and problems of effective demand and the theory of distribution. The main purpose of Macroeconomic Theory is to identify areas of common ground among the various theoretical approaches. The excitement of that dialogue and the intellectual vitality generated are captured for the reader in a volume that will be essential for an understanding of modern macroeconomic theory.

INDUSTRIAL CONCENTRATION AND ECONOMIC INEQUALITY - Essays in Honour of Peter Hart (Hardcover): Mark Casson, John Creedy INDUSTRIAL CONCENTRATION AND ECONOMIC INEQUALITY - Essays in Honour of Peter Hart (Hardcover)
Mark Casson, John Creedy
R3,151 Discovery Miles 31 510 Ships in 12 - 17 working days

How far can efficiency be pursued without sacrificing equity? Do fiscal changes designed to improve incentives necessarily lead to greater inequality of incomes? Does the profitability of 'big business' really reflect economies of scale and scope or is it also a reflection of market power? In addressing these and other key questions, a group of internationally acclaimed economists demonstrates why issues of concentration and inequality in economic life are moving to the top of the political agenda in the 1990s. Drawing upon the pioneering work of Peter Hart, this volume reflects the range of his influence from theoretical examinations of measures of industrial concentration and income inequality, to detailed empirical explorations of changes in concentration over time. The volume includes essays on, among other issues, the Hart measure of income mobility, income distribution in Eastern Europe, the UK state pension scheme, trends in the concentration of UK manufacturing in the 1980s, the EC Merger Control Regulation, corporate research and development strategies and corporate technological specialization in international industries. Industrial Concentration and Economic Inequality will be particularly relevant for government policy makers, social analysts and economists concerned with income distribution and industrial policy.

INCOME DISTRIBUTION IN A CORPORATE ECONOMY (Hardcover): Russell Rimmer INCOME DISTRIBUTION IN A CORPORATE ECONOMY (Hardcover)
Russell Rimmer
R3,292 Discovery Miles 32 920 Ships in 12 - 17 working days

Income Distribution in a Corporate Economy offers a skilful examination of the influences of financial markets and imperfect competition on the distributive process. Unlike much of the earlier literature, it concentrates upon the short-run, making it suitable for empirical appraisal.After a thorough review of the theoretical and empirical literature of the past 30 years, Russell Rimmer uses a series of models to synthesize results from post Keynesian macroeconomics, investment theory and industrial economics. The final chapters contain an analysis of the short-run effects of changes in pricing strategies and increases in industrial concentration on income shares accruing to households and corporations. By presenting in one place the neo-classical and post Keynesian approaches, the book will serve both as a text and a foundation for future work on distribution. Students new to income distribution will be able to read the text as an introduction to the neoclassical and post Keynesian approaches. A novel contribution is the gathering together of early extensions of post Keynesian theory to the short run, including accounts of attempts to synthesise the major theoretical strands.

CORPORATISM AND ECONOMIC PERFORMANCE - A Comparative Analysis of Market Economies (Hardcover): Andrew Henley, Euclid Tsakalotos CORPORATISM AND ECONOMIC PERFORMANCE - A Comparative Analysis of Market Economies (Hardcover)
Andrew Henley, Euclid Tsakalotos
R3,190 Discovery Miles 31 900 Ships in 12 - 17 working days

The industrialized economies of the world have experienced a considerable diversity of economic experience since the shocks of the 1970s. The authors of this major study assess the institutional determinants of economic performance in a comparative analysis of OECD economies. They focus in particular on the role played by corporatist arrangements in such countries as Austria and the Scandinavian states. Corporatism and Economic Performance argues that economists often have a narrow view of the scope and function of corporatism, focusing on the extent to which collective bargaining is centralized, and ignoring the important role of durable, consensual policy making arrangements. The record of the corporatist economies is assessed and considerable evidence is found to show that they have borne the burden of economic adjustment over the last twenty years in a less inegalitarian way than other OECD economies, with lower rates of unemployment and greater economic stability. In an increasingly integrated world economy, the future prospects for corporatism look uncertain, although there is still a strong economic case for corporatist institutions. This book sheds new light on corporatism as a complex and multidimensional entity, examining the rationale, scope, performance and future prospects of corporatist institutions.

Truth versus precision in economics (Paperback): Thomas Mayer Truth versus precision in economics (Paperback)
Thomas Mayer
R1,137 Discovery Miles 11 370 Ships in 12 - 17 working days

This engaging and intelligent book provides an accessible, down to earth assessment of the role of formalism and rigour in economics.Professor Mayer argues that there is room in economics for both highly formalised theory and for the less formal theory that predominates in the natural sciences. But economists generally fail to distinguish between these two types of theory. As a result, they often act as if the strength of an argument depends on the strength of its strongest link. They misallocate effort, polishing those parts of the argument that tend to be formalised, while paying insufficient attention to the others. Drawing on public choice theory, Mayer shows how this emphasis on the strongest link has distorted research particularly in new classical theory. He advocates stricter econometric testing, showing that many procedures currently used are only soft tests.

The ECONOMIC SURPLUS IN ADVANCED ECONOMIES (Hardcover): John B. Davis The ECONOMIC SURPLUS IN ADVANCED ECONOMIES (Hardcover)
John B. Davis
R3,189 Discovery Miles 31 890 Ships in 12 - 17 working days

The theory of monopoly capital is central to any satisfactory analysis of accumulation and stagnation in advanced capitalist economies. This major new book presents in one volume recent discussions of monopoly capitalism to emphasize the centrality and vitality of this tradition in modern political economy.Following the work of Kalecki, Steindl and Baran and Sweezy, a number of leading economists address key issues such as the calculation of the economic surplus, the division of income between labour and capital, oligopoly collusion over output and pricing, the growth of unproductive activity, the degree of monopoly, surplus absorption and stagnation and the history of the present crisis.

The CO-ORDINATION OF THE LAWS OF DISTRIBUTION - by Philip H. Wicksteed (Hardcover, 2nd Revised edition): Ian Steedman The CO-ORDINATION OF THE LAWS OF DISTRIBUTION - by Philip H. Wicksteed (Hardcover, 2nd Revised edition)
Ian Steedman
R2,831 Discovery Miles 28 310 Ships in 12 - 17 working days

Wicksteed's classic work, The Co-ordination of the Laws of Distribution, has a central place within the development of marginal productivity theory. It claimed to explain all 'factor returns' on a unified basis and to show how 'marginal productivity factor pricing' just exhausted the total product. It is presented here with a long introduction by the editor, Ian Steedman, who provides both a careful analysis of the text and an assessment of Wicksteed's place within the development of modern economics. This important new edition will make The Co-ordination of the Laws of Distribution accessible to a fresh generation of economists.

The ECONOMICS OF RESTRUCTURING AND INTERVENTION (Hardcover): Jonathan Michie The ECONOMICS OF RESTRUCTURING AND INTERVENTION (Hardcover)
Jonathan Michie
R2,990 Discovery Miles 29 900 Ships in 12 - 17 working days

The Economics of Restructuring and Intervention carries forward the work of Marx, Kalecki, Keynes and Kaldor in analysing questions of growth, distribution and government intervention. It will be essential reading for all those wishing to understand the massive economic and political shifts as we enter the 1990s - the globalization of markets and production, continued growth of the Third World and East European debt, the emerging digital economy. Political debates thrown up by these economic, industrial and technological developments are subject to rigorous scrutiny and critique - from the employment effects of wage cuts to the calls for 'supply side socialism'.

A History of Macroeconometric Model-Building (Hardcover): Ronald G. Bodkin, Lawrence R. Klein, Kanta Marwah A History of Macroeconometric Model-Building (Hardcover)
Ronald G. Bodkin, Lawrence R. Klein, Kanta Marwah
R5,386 Discovery Miles 53 860 Ships in 12 - 17 working days

This major book presents, for the first time, an authoritative history of developments in macroeconometric modelling since the 1930s. It focuses in particular on the construction of mathematico-statistical models of entire economies, estimated from national accounts and other macroeconomic data. International and comparative in scope, the book contains chapters prepared by specialists from the different countries concerned. This landmark book is indispensable to an understanding of the history and development of large scale econometric models of modern economies.

The New Global Economy and the Developing Countries - Essays in International Economics and Development (Hardcover): Gerald K... The New Global Economy and the Developing Countries - Essays in International Economics and Development (Hardcover)
Gerald K Helleiner
R3,280 Discovery Miles 32 800 Ships in 12 - 17 working days

This book explores the principle issues surrounding the effective participation of the developing countries in the new, more interdependent global economy. It is up-to-date and offers a fresh and critical assessment of traditional approaches in the sphere of international financial and trading policies. Particular emphasis is placed upon what is not known and requires further research. Among the major issues addressed are the impact of the global exchange rate system on developing countries, the efficacy of growth-oriented structural adjustment lending, the future role of foreign direct investment, the relevance of the 'new' trade theories to the developing countries, primary commodity market problems, poverty alleviation in adjustment programmes and the role of information systems.

Current Issues in Open Economy Macroeconomics - Paradoxes, Policies and Problems (Hardcover): J.L. Ford Current Issues in Open Economy Macroeconomics - Paradoxes, Policies and Problems (Hardcover)
J.L. Ford
R3,195 Discovery Miles 31 950 Ships in 12 - 17 working days

Open economy macroeconomics is a major focus of research interest stimulated in part by the increasing interdependence of the world economy and by the move towards floating exchange rates. This important new book addresses several central issues in the macroeconomic theory of different forms of open economies under differing degrees of dependency.

Macroeconomics after Kalecki and Keynes - Post-Keynesian Foundations (Hardcover): Eckhard Hein Macroeconomics after Kalecki and Keynes - Post-Keynesian Foundations (Hardcover)
Eckhard Hein
R3,370 R3,017 Discovery Miles 30 170 Save R353 (10%) Ships in 9 - 15 working days

Presenting an in-depth overview of the foundations and developments of post-Keynesian macroeconomics since Kalecki and Keynes, this timely book develops a comprehensive post-Keynesian macroeconomic model with the respective macroeconomic policy mix for achieving non-inflationary full employment. The different versions of the model for closed and open economies are concerned with the key areas of macroeconomics, such as full employment, constant inflation and external balance. Eckhard Hein expertly illustrates how to embed these post-Keynesian macroeconomics and macroeconomic policies into the post-Keynesian research programme more generally, whilst also providing a review of its methods and historical roots. Furthermore, the book links post-Keynesian short-run macroeconomics to long-run distribution and growth theories. Finally, it applies these theoretical approaches to the current research on macroeconomic regimes and regime changes within finance-dominated capitalism and on the macroeconomic challenges of the ecological crisis and of the required socio-ecological transformation. This book will be a crucial read for academics and graduate students interested in post-Keynesian macroeconomics. Providing a thought-provoking alternative to orthodox economic policies, this will also be of interest to policy advisers and politicians.

Modern Monetary Theory and European Macroeconomics (Paperback): Dirk H. Ehnts Modern Monetary Theory and European Macroeconomics (Paperback)
Dirk H. Ehnts
R1,328 Discovery Miles 13 280 Ships in 9 - 15 working days

This book provides a new methodological approach to money and macroeconomics. Realizing that the abstract equilibrium models lacked descriptions of fundamental issues of a modern monetary economy, the focus of this book lies on the (stylized) balance sheets of the main actors. Money, after all, is born on the balance sheets of the central bank or commercial bank. While households and firms hold accounts at banks with deposits, banks hold an account at the central bank where deposits are called reserves. The book aims to explain how the two monetary circuits - central bank deposits and bank deposits - are intertwined. It is also shown how government spending injects money into the economy. Modern Monetary Theory and European Macroeconomics covers both the general case and then the Eurozone specifically. A very simple macroeconomic model follows which explains the major accounting identities of macroeconomics. Using this new methodology, the Eurozone crisis is examined from a fresh perspective. It turns out that not government debt but the stagnation of private sector debt was the major economic problem and that cuts in government spending worsened the economic situation. The concluding chapters discuss what a solution to the current problems of the Eurozone must look like, with scenarios that examine a future with and without a euro. This book provides a detailed balance sheet view of monetary and fiscal operations, with a focus on the Eurozone economy. Students, policy-makers and financial market actors will learn to assess the institutional processes that underpin a modern monetary economy, in times of boom and in times of bust.

Empire of Wealth - The Epic History of American Economic Power (Paperback): John Steele Gordon Empire of Wealth - The Epic History of American Economic Power (Paperback)
John Steele Gordon
R536 R448 Discovery Miles 4 480 Save R88 (16%) Ships in 10 - 15 working days

Throughout time, from ancient Rome to modern Britain, the great empires built and maintained their domination through force of arms and political power. But not the United States. America has dominated the world in a new, peaceful, and pervasive way -- through the continued creation of staggering wealth. In this authoritative, engrossing history, John Steele Gordon captures as never before the true source of our nation's global influence: wealth and the capacity to create more of it.This P.S. edition features an extra 16 pages of insights into the book, including author interviews, recommended reading, and more.

Business Cycles in Economic Thought - A history (Hardcover): Alain Alcouffe, Monika Poettinger, Bertram Schefold Business Cycles in Economic Thought - A history (Hardcover)
Alain Alcouffe, Monika Poettinger, Bertram Schefold
R3,923 Discovery Miles 39 230 Ships in 12 - 17 working days

Business Cycles in Economic Thought underlines how, over the time span of two centuries, economic thought interacted with cycles in a continuous renewal of theories and rethinking of policies, whilst economic actions embedded themselves into past economic thought. This book argues that studying crises and periods of growth in different European countries will help to understand how different national, political and cultural traditions influenced the complex interaction of economic cycles and economic theorizing. The editors of this great volume bring together expert contributors consisting of economists, historians of economic thought and historians of economics, to analyse crises and theories of the nineteenth and the twentieth century. This is alongside a comprehensive outlook on the most relevant advances of economic theory in France, Germany and Italy, as well as coverage of non-European countries, such as the United States. Several of the highly prestigious Villa Vigoni Trilateral Conferences formed the background for the discussions in this book. This volume is of great interest to students and academics who study history of economic thought, political economy and macroeconomics.

Recent Developments in the Economics of Structural Change (Hardcover): Kei-Mu Yi, Michael Sposi, Jing. Zhang Recent Developments in the Economics of Structural Change (Hardcover)
Kei-Mu Yi, Michael Sposi, Jing. Zhang
R11,380 Discovery Miles 113 800 Ships in 12 - 17 working days

This informative research review discusses the most prominent papers within the economics of structural change and growth. This piece focuses on research that investigates the causes and consequences of structural change with either theoretical or calibrated models, mindfully referring to some of the most celebrated literature over the last two decades. The research review analyses literature covering the impact structural change has on an array of economic factors including convergence, per capita income and spatial development. Prefaced by an original introduction from the editors, this collection would be well suited to scholars and macro-development economists wishing to extend their knowledge of this compelling topic.

Twenty-First Century Macroeconomics - Responding to the Climate Challenge (Paperback): Jonathan M Harris, Neva R. Goodwin Twenty-First Century Macroeconomics - Responding to the Climate Challenge (Paperback)
Jonathan M Harris, Neva R. Goodwin
R1,655 Discovery Miles 16 550 Ships in 12 - 17 working days

The authors and editors of this book challenge traditional assumptions about economic growth, and develop the elements of a reoriented macroeconomics that takes account both of environmental impacts and social equity. Policies including carbon trading, revenue recycling, and reorientation of private and social investment are analyzed, providing insight into new paths for economic development with flat or negative carbon emissions. These issues will be crucial to macroeconomic and development policies in the twenty-first century.What are the likely economic effects of climate change? What are the costs of substantial action to avert climate change? What economic policies can be effective in responding to climate change? The debate has broad implications for public policy. However, it also raises fundamental questions about economic analysis itself, and moves issues of environmental policy from the microeconomic to the macroeconomic level. Taking global climate change seriously requires a re-examination of macroeconomic goals. Economic growth has been closely linked to expanded use of energy, primarily fossil fuels. The assumption of continuing economic growth, in turn, leads economists to discount future costs, including the generational impacts of climate change. Challenging conventional concepts of growth implies different development paths both for rich and poor nations. This volume brings together contributions from scholars around the world to address these issues. Scholars, researchers and students of economics and development studies along with policymakers and non-governmental organizations will find this insightful book of great interest.

Beyond Self-Interest - Why the Market Rewards Those Who Reject It (Paperback): Krzysztof Pelc Beyond Self-Interest - Why the Market Rewards Those Who Reject It (Paperback)
Krzysztof Pelc
R346 R285 Discovery Miles 2 850 Save R61 (18%) Ships in 9 - 15 working days

'Lucid, smartly written ... A welcome intervention into the debate surrounding the future of liberalism' Financial Times 'It takes scholarly courage and knowledge to upend Adam Smith, but this is what Krzysztof Pelc has done . . . Profound and brilliant' Robert Skidelsky 'A fascinating book, bursting with paradoxes, riddles and counterintuitive ideas that will challenge some of your strongest beliefs about how society works' Daniel Susskind We've learned that the way to get ahead is through strong will, grit and naked ambition. The belief that self-interest makes the world go round has served us well: it has helped make our society more affluent. But does that premise still hold? In Beyond Self-Interest, Krzysztof Pelc argues that those who prosper increasingly do so by spurning prosperity, or by convincing others that they are pursuing passion, purpose, love of craft - anything but their own self-advancement. From the Puritans, who followed a religious calling and yet made a killing; to the fastest-growing firms of today, who claim to be 'changing to the world' through 'doing what they love', declaring passion over profit is a profitable move. A bold, incisive and original work that draws on three centuries of intellectual thought, Beyond Self-Interest is a book to upend how we relate to capitalism. What if the true driver of market society is not the appearance of self-interest, but its opposite?

Macroeconomics for Today (Hardcover, 9th edition): Irvin Tucker Macroeconomics for Today (Hardcover, 9th edition)
Irvin Tucker
R1,270 R1,142 Discovery Miles 11 420 Save R128 (10%) Ships in 10 - 15 working days

Now you can truly visualize economics with the most student-friendly economics text on the market: Irvin Tucker's MACROECONOMICS FOR TODAY, 9E. Written by a national award-winning educator, MACROECONOMICS FOR TODAY clearly presents concepts using a writing style that is engaging and clear, no matter what your current level of economic understanding. A unique textual and visual learning system, colorful graphs, and causation chains clarify concepts. The book concisely presents and reinforces core concepts, then gives opportunities to immediately assess your comprehension. You study the latest economic information on economic growth, income distribution, federal deficits, environmental issues, and other developments in economics today with an engaging, easy-to-follow format that applies principles to everyday life. Numerous printed and online study tools, including a companion website, help you further master key principles in economics today.

Capitalism, Macroeconomics and Reality - Understanding Globalization, Financialization, Competition and Crisis (Hardcover):... Capitalism, Macroeconomics and Reality - Understanding Globalization, Financialization, Competition and Crisis (Hardcover)
James Crotty
R4,011 Discovery Miles 40 110 Ships in 12 - 17 working days

This wide-ranging set of papers deals with crucial questions in economic theory, economic policy and economic history. The papers help explain why economic performance deteriorated dramatically in the West over the past three decades as the ''Golden Age'' of capitalism after World War II was replaced by global neoliberal capitalism. They show that theoretical frameworks rooted in the radical and heterodox traditions can explain this evolution and the current global economic and financial crisis, something mainstream theories cannot do. Topics include but are not limited to: methodology: a critique of ''positivism'' is used to explain why mainstream reliance on fairy-tale assumptions should be replaced by realistic assumption sets as argued by Marx and Keynes Marx, Keynes and Minsky on financial market instability versus mainstream theories of ''efficient'' financial markets how Keynes's assumption that the future is unknowable revolutionized not only macro theory but the micro theory of agent choice as well structural causes of the current global financial crisis how innovative theories of competition, globalization, capital investment and financialization inspired by Marx, Keynes and Schumpeter can be used to explain the crisis tendencies of neoliberal capitalism the influence of class conflict on economic policy, including in the current ''austerity'' regimes. The papers in this book should be of interest to most economists and can be used in both graduate and upper level undergraduate courses. Many of these papers are accessible to anyone who reads the business press.

A Modern Guide to Post-Keynesian Institutional Economics (Hardcover): Charles J. Whalen A Modern Guide to Post-Keynesian Institutional Economics (Hardcover)
Charles J. Whalen
R4,537 Discovery Miles 45 370 Ships in 12 - 17 working days

This book advances Post-Keynesian Institutional economics, an integrative tradition-inspired by keen economic observers such as John Kenneth Galbraith, Joan Robinson, and Hyman Minsky-that bridges Institutional and Post Keynesian economics. The tradition proved its worth by addressing the global financial crisis of 2007-2009, as well as by analyzing long-term trends accompanying the evolution of investor-driven ("money manager") capitalism, including financialization, spreading worker insecurity, and rising inequality. This Modern Guide begins with the history and contours of Post-Keynesian Institutionalism, and then breaks new ground, extending recent analyses of contemporary economic problems, sharpening concepts and methods, sketching new theories, and synthesizing ideas across research traditions. Written by leading scholars, this authoritative collection identifies policy-relevant frontiers-on matters ranging from social capital and economic democracy to feminism and environmental sustainability-thereby setting an ambitious agenda for further Post-Keynesian Institutionalist research. In addition to being useful as a statement of current Post-Keynesian Institutionalist issues and research, the book serves as both a valuable reference volume and a source of material appropriate for course adoption for undergraduate and graduate students. Policymakers and policy analysts dissatisfied with the status quo should also find the book of interest. It will likely be especially relevant to those concerned with financial instability, worker insecurity, and inequality, problems that in recent years have had considerable economic and political consequences.

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