|
Showing 1 - 25 of
55 matches in All Departments
This major Handbook consists of 29 contributions that explore the
full range of exciting and interesting work on money and finance
currently taking place within heterodox economics. There are many
themes and facets of alternative monetary and financial economics
but two major ones can be identified. The first concerns the nature
of money: money is credit created through the financial system in
the process of loan creation. The second theme is that money is
endogenous and not exogenous. Contributions to the Handbook cover
the origins and nature of money, detailed analyses of endogenous
money, surveys of empirical work on endogenous money and the nature
of monetary policy when money is endogenous. The second theme
focuses on the financial system, and the perception that it is
generally subject to volatility, instability and crisis. This
Handbook will undoubtedly serve as the ultimate guide to the full
spectrum of alternative monetary economics. Philip Arestis and
Malcolm Sawyer have performed an invaluable task in compiling a
comprehensive Handbook, written by leading specialists, that will
be required reading by upper level undergraduate and postgraduate
students studying money, finance and macroeconomics as well as
heterodox and monetary economists more generally.
This major reference book has been designed to provide a
comprehensive coverage of radical political economy. International
in scope, The Elgar Companion to Radical Political Economy includes
contributions from a very wide range of specialists who discuss
topics, ideas and theories in the field. Radical political economy
is a term used to encompass a range of different schools of
thought. These include post Keynesian, Kaleckian, Marxian,
Institutionalist, Sraffian and other approaches to economics which
share the common theme of production, rather than the exchange
focus of neoclassical and Austrian economics. Their concern with
the generation and use of the surplus leads them to an interest in
dynamics, income distribution, growth and development, and capital
accumulation. With over 100 entries, the companion provides
detailed information on a wide range of aspects of radical
political economy as well as some important insights into its
theoretical underpinning. A special feature of the book is its
emphasis upon explaining the positive elements in radical political
economy. As the first book of its kind devoted to radical political
economy, the companion will be an essential reference source for
scholars and students with an interest in the development of
economic ideas.
This important book presents a thematic selections of essays by
leading post Keynesian economists from Europe and North America. It
focuses on a major feature of post Keynesian economics namely the
interrelationships between pricing, distribution and growth. It is
no accident that these aspects were emphasised in the work of the
founding fathers particularly Kalecki and Keynes. Included in the
present volume are essays by scholars who have made significant
contributions to our understanding of these relationships. Lying
behind them is the emphasis on the role of time and uncertainty
that initially comes from the works of Keynes, Kalecki and Kaldor.
The book offers a thorough coverage of both pricing and
distribution as well as the related issue of growth which has,
hitherto, been comparatively neglected. It also provides a critical
appraisal of certain aspects of main stream economics.
European economic and monetary union continues to be the subject of
intense controversy, and the launch of a single currency in January
1999 served to concentrate this debate around one issue: is the
euro in the interests of Europe? This pertinent book attempts to
address this contentious question. The authors offer a sustained
argument that the single currency as currently implemented does not
promise to deliver prolonged growth. They contend that the economic
impact of the euro, and its accompanying institutions, is likely to
be destabilising and deflationary; that the political impact is
profoundly undemocratic and that the social consequences are likely
to be deleterious. They do not reject the concept of a single
currency but are highly critical of policy arrangements such as the
Stability and Growth Pact which govern the euro. The authors
propose alternative policy and institutional arrangements within
which the euro should be embedded. They demonstrate that these
would have the benefits of a single currency whilst avoiding many
of the potential costs identified by detractors. EMU will continue
to cause huge changes in the social and economic sphere of Europe.
This book does not attempt to polarise the debate by simply
advocating for or against the euro, but instead puts the situation
into context, identifies potential problems and proposes possible
remedies. It will be required reading for economists, political
scientists, politicians and policymakers.
The processes of globalisation and increased economic regionalism
have had profound, often destabilising, effects on modern economic
and financial systems. In recognition of this fact, the editors of
this fine book have collected together a diverse range of heterodox
ideas surrounding the complex relationships and interactions
between globalisation, regionalism and economic activity.The book
promotes real-world economic issues and explores them without
adopting any particular methodological, ideological or theoretical
agenda. A number of influential economists explore the
inter-relationships between globalisation, regionalism, finance,
economic growth and development from a global perspective. Amongst
other topics, the book includes comprehensive discussions on fixed
versus flexible exchange rates; international liquidity; the WTO
dispute settlement system; the eastward expansion of the European
Union; crowding-out in export led growth; demand and supply in the
New Economy; the national origin of financial liberalisation in the
US; and the relationship between savings and investment. The range
and depth of analysis makes this book a timely and useful
contribution to current policy debates. Academics, students and
scholars with an interest in globalisation, international economics
and macroeconomics will do well to read this eclectic and
stimulating volume.
Contents: 1. Arestis, Desai and Dow On Chick's Life as an Academic 2. Claudio Sardoni On the Microeconomic Foundations of Macroeconomics: a Keynesian Perspective 3. Meghnad Desai The Nature of Equilibrium in Keynes's General Theory 4. Maria Cristina Marcuzzo From the Fundamental Equations to Effective Demand: 'Natural Evolution' or 'Change of View'? 5. Alexander C. Dow and Sheila C. Dow The Relevance of Historical Experience for Economics 6. Geoffrey M. Hodgson General Theorising versus Historical Specificity: a Problem for Post Keynesians 7. Roy J. Rotheim Timeful Theories, Timeful Theorists 8. Tony Lawson Mathematical Formalism in Economics: What Really is the Problem? 9. Jan Toporowski Mathematics as Natural Law: an Epistemological Critique of Formalism in Economics 10. Giuseppe Fontana and Bill Gerrard The Encompassing Principle as an Emerging Methodology for Post Keynesian Economics 11. Athol Fitzgibbons A Note on Non-Walrasian Macroeconomics 12. Suzanne W. Helburn Marshall and Keynes on Rational (Ethical) Economic Man 13. B. J. Loasby Cognition and Co-ordination 14. Donald Gillies and Grazia Ietto-Gillies Keynes's Notion of Causa Causans and its Application to the Globalization Process 15. Fabiana Santos and Marco Crocco Technology and the Need for an Aternative View of the Firm in Post Keynesian Theory 16. Ian Steedman Consumer Beliefs and a Possible Welfare 'Gain' from Monopoly 17. David Pearce The Political Economy of Economic growth and Environmental Protection 18. Carmen Aparecida Feijo Firms and Banks Interacting in a Monetary Production Economy 19. Adriana M. Amado The Regional Impact of the Internationalization of the Financial System: the Case of Mercosul 20. Jochen Runde Assessing Credit Worthiness and Small-Firm Bank Lending 21. P. A. Riach and J. Rich Women's Work or Work for Women? 22. Victoria Chick's Publications
Geoff Harcourt has made substantial and wide-ranging contributions
to economics in general and Post-Keynesian economics in particular.
In these volumes more than 80 of the world's leading economists pay
tribute to, and critically evaluate, his work.
"Markets, " "Unemployment and Economic Policy" addresses: the
methodological foundations of economic analysis; the theoretical
and empirical studies of alternative economic systems; and specific
issues in economic policy including privatization and unemployment.
Contributors include: Tony Atkinson, Tony Lawson, Edward Nell and
Ian Steedman.
Geoff Harcourt has made substantial and wide-ranging contributions
to economics in general and Post-Keynesian economics in particular.
In these volumes more than 80 of the world's leading economists pay
tribute to, and carefullly evaluate, his work.
"Capital" "Controversy, Post Keynesian Economics and the History
of Economic Thought" focuses on: debates about capitol theory; the
development of post-Keynesian economuics and the evolution of the
"Cambridge tradition"; and major figures in the development of
economics including Marx, Keynes and Sraffa. Contributors include:
William Baumol, Christopher Bliss, Paul Davidson, John Eatwell,
Paul Samuelson and Robert Solow.
This is the third and final volume written in honour of Bernard
Corry and Maurice Peston by an internationally renowned group of
experts, and focuses on the application of economics to policy
advice.The contributors to this volume consider practical policy
issues including labour market policy and the problem of
unemployment, methodology and econometric analysis, taxation
policy, industrial regulation, practical applications of
transaction cost theory in the European Union, policy issues such
as foreign direct investment and pension reform affecting
transition economies and training policies in developing countries.
This is the first of three volumes, written by an internationally
renowned group of experts, to celebrate the contribution of Bernard
Corry and Maurice Peston to teaching and research.In this first
volume, the distinguished contributors provide original material on
the formulation of macroeconomic policy in advanced countries
ranging from a study of central bank independence, the consequences
of European monetary union and macroeconomic policy in transition
economies.
This timely volume features essays from an international group of
economists which address issues relating to the objective of
securing full employment. The contributors adopt a politicP>As
well as offering a detailed empirical investigation of the
unemployment experience in advanced countries, the book makes a
critical evaluation of New Right economic policy making in the UK
and the US, and examines the main international and domestic
obstacles to the achievement of full employment, the prospects for
job creation in the UK, and the impact of technological change.
This volume, along with its companion volume, Methodology,
Microeconomics and Keynes is published in honour of Victoria Chick,
inspired by her own contributions to knowledge in all of these
areas and their interconnections. It represents both consolidation
and the breaking of new ground in Keynesian monetary theory and
macroeconomics by leading figures in these fields.
Harcourt has made substantial and wide-ranging contributions to
economics in general, and to post Keynesian economics in
particular. In this volume more than forty leading economists pay
tribute to and critically evaluate his work. The contributors
represent a wide range of schools in economics, and include Nobel
Laureates Paul Samuelson and Robert Solow.
This volume, along with its companion volume, Methodology, Microeconomics and Keynes is published in honour of Victoria Chick, inspired by her own contributions to knowledge in all of these areas and their interconnections. It represents both consolidation and the breaking of new ground in Keynesian monetary theory and macroeconomics by leading figures in these fields. eBook available with sample pages: 0203467477
Keynes, Money and the Open Economy is the first of three volumes
celebrating Paul Davidson's path-breaking achievements and his
seminal role in the foundation and development of post Keynesian
economics. The book presents state-of-the-art contributions by
leading economists which draw on Davidson's pioneering work in the
fields of macroeconomic and monetary theory and policy, employment
and income distribution, history of economic thought, methodology
and international economics.
This volume, a companion to Money, Macroeconomics and Keynes,
represents both consolidation and the breaking of new ground in
Keynesian methodology and microeconomics by leading figures in
these fields.
The financial crisis and the 'great recession' have generated the
need for new thinking in economics and for new economic policies to
secure sustainable and equitable economic development. The new
thinking in economics is an interdisciplinary approach to economic
problems that acknowledges and respects insights and analyses from
other disciplines, and recognizes complexity and evolutionary
theory as relevant for understanding economic systems and economic
behaviour. New Economics is concerned with institutional behaviour,
expectations and uncertainty as opposed to traditional economics
with its emphasis on equilibrium, mathematical formalism and
deterministic solutions. With the financial crisis brought on by
the unrestrained pursuit of personal and corporate profit,
sanctioned by traditional economics, this is an opportune moment to
establish a new way of approaching economic understanding based on
new economic theory. It is also a good time to instigate new ideas
on the approach to economic policy across a wide range of areas,
such as macroeconomic and global governance, employment and
unemployment, social security and pensions. This book is devoted to
developing economic policies from the new thinking. It was
originally published as a special issue of the International Review
of Applied Economics.
The period of past four decades has been characterized as one of
neo-liberalism, financialization, globalization, privatization and
de-regulation. Inequality has risen in industrialised countries,
labour's share in national income has been in decline and economic
growth slowed. The evidence of the damage to the environment from
human economic activity, and the dramatic consequences of failure
to address climate change have become more apparent and urgent. The
global financial crises shocked the complacency of the neo-liberal
era, though a decade later it may be doubted how much has changed.
The central purpose of this volume is to investigate a range of
economic and social policies, which move in the direction of
constructing a post-neoliberal world. These range over alternative
forms of ownership (public, co-operative), policies to address and
reverse economic and social inequalities, responses to the forces
of globalization, re-constituting the financial system and its
roles, and the nature of employment.
The 'third way' is a term often used by politicians and others to
indicate a set of new policies adopted by former social democratic
parties throughout the world. This book is an attempt to dissect
the ideas and economic theory behind the rhetoric of the 'third
way' through a critical evaluation of the experiences of 'third
way' administrations in a diverse range of countries.The editors
suggest seven elements which can help define the theoretical
economic foundations of 'third way' policies. They consider whether
there is a consistent economic approach underlying the 'third way',
and show that it is much influenced by New Keynesian economics. The
contributors to the book explore the policy experiences from ten
different countries, plus the European Union as a whole. Each
contribution provides an examination of the application and
implementation of 'third way' policies in a different country.
These contributions indicate the similarities of the policies of
the 'third way', though important differences in experience also
emerge. Providing an acute assessment and comprehensive
interpretation of the 'third way', whilst neither endorsing nor
dismissing its validity, this book should be widely read by
policymakers, political scientists, and those with an interest in
economic policy and economic analysis.
The period of past four decades has been characterized as one of
neo-liberalism, financialization, globalization, privatization and
de-regulation. Inequality has risen in industrialised countries,
labour's share in national income has been in decline and economic
growth slowed. The evidence of the damage to the environment from
human economic activity, and the dramatic consequences of failure
to address climate change have become more apparent and urgent. The
global financial crises shocked the complacency of the neo-liberal
era, though a decade later it may be doubted how much has changed.
The central purpose of this volume is to investigate a range of
economic and social policies, which move in the direction of
constructing a post-neoliberal world. These range over alternative
forms of ownership (public, co-operative), policies to address and
reverse economic and social inequalities, responses to the forces
of globalization, re-constituting the financial system and its
roles, and the nature of employment.
This book honours Professor John McCombie's retirement by exploring
a variety of themes, theories and debates in non-orthodox
macroeconomics. With contributions from leading scholars, the book
covers diverse ground in economic thought, policy, empirical work
and modelling. It demonstrates ongoing presumptions and asks
probing questions of topical questions from the increase of income
equality to the international variation of productivity investment.
This collection will appeal to academics and students with an
interest in the history of macroeconomic thinking.
This book is the fifteenth volume in the renowned International
Papers in Political Economy (IPPE) series which explores the latest
developments in political economy. Containing contributions by
experts in the field, this book focuses on topics that address the
ongoing debate of inequalities in economic systems. Inequality has
been considered a problem by many academics and policy makers for a
long time now and recently here has been some evidence of
increasing inequalities in society. Contributors to this book focus
on the causes and consequences of inequality along with the
importance of tackling inequality and recommend potential policies
to reduce it, for example tax reforms. The book covers different
aspects of inequality - from income to gender - and explores links
between inequality and economic growth, and financialisation and
financial crisis.
This book is the fifteenth volume in the renowned International
Papers in Political Economy (IPPE) series which explores the latest
developments in political economy. Containing contributions by
experts in the field, this book focuses on topics that address the
ongoing debate of inequalities in economic systems. Inequality has
been considered a problem by many academics and policy makers for a
long time now and recently here has been some evidence of
increasing inequalities in society. Contributors to this book focus
on the causes and consequences of inequality along with the
importance of tackling inequality and recommend potential policies
to reduce it, for example tax reforms. The book covers different
aspects of inequality - from income to gender - and explores links
between inequality and economic growth, and financialisation and
financial crisis.
This book is the thirteenth volume in the International Papers in
Political Economy (IPPE) series which explores the latest
developments in political economy. A collection of eight papers,
the book concentrates on the deregulation of domestic financial
markets and discusses financial liberalisation in terms of its past
performance, current progress and future developments. The chapters
have been written by expert contributors in the field and focus on
topics such as past records of financial liberalisation, future
policies of regulation, and current account imbalances. Other
papers examine capital account regulations in developing and
emerging countries, and capital controls in the Eurozone after the
2007 financial crisis. This collection of papers invites readers to
consider the impact of financial liberalisation both during and
after the global economic crisis. Scholars and students with an
interest in political economy, financialisation, and economic
performance will find this collection stimulating and informative.
|
You may like...
Loot
Nadine Gordimer
Paperback
(2)
R398
R330
Discovery Miles 3 300
Hampstead
Diane Keaton, Brendan Gleeson, …
DVD
R66
Discovery Miles 660
|