Keynes and Macroeconomics After 70 Years: Critical Assessments of the General Theory

Keynes and Macroeconomics After 70 Years: Critical Assessments of the General Theory

By: L. Randall Wray (editor), Mathew Forstater (editor)Hardback

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In this new collection, esteemed Post-Keynesian scholars reassess the relevance of Keynes' "The General Theory" to a broad array of topic areas, ranging from the environment, investment finance, exchange rates, and socialism, as well as inquiries into general Post-Keynesian theory.

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Contents:IntroductionPART I: KEYNES AND HETERODOX ECONOMICS1. Heterodox Macroeconomics: What, Exactly, Are We Against?John E. King2. Keynes the Keynesian: A Lakatosian Insight into Keynes's'Probable' Theoretical Contributions to Macroeconomics after 1937Jesus Munoz and Joel BonalesPART II: FOUNDING FATHERS OF POST KEYNESIAN ECONOMICS3. Minsky and Keynes on Investment Volatility: Was There anOverstatement?Andre Lourenco4. Two Founding Fathers for Post Keynesian's Critical Appraisal ofSelf-balancing Mechanisms?Lino Sau5. The Contribution of Tom Asimakopulos to Post Keynesian EconomicsGeoff C. Harcourt6. Asimakopulos's Criticism of Keynes's Short-period Equilibrium: AReformulationSlifi AbdelkaderPART III: KEYNESIAN MODELS7. Modeling Keynes with KaleckiColin Richardson and Jerry Courvisanos8. A Keynesian Model for the 21st CenturyH. Sonmez Atesoglu9. Capital Accumulation, Income Distribution, Technical Progress andEndogenous Money in a Post Keynesian Macrodynamic ModelLuciano Dias Carvalho and Jose Luis OreiroPART IV: KEYNESIAN POLICY10. Keynes on the Control of the Money Supply and the Interest RatesCarlo Panico11. Inflation Targeting in Brazil: A Keynesian ApproachLuiz Carlos Bresser-Pereira and Cleomar Gomes da Silva12. Eisner's Radical Approach to Social Security - Tell the Truth!Stephanie KeltonPART V: MODERN DEVELOPMENT AND EXTENSIONS OF KEYNESIAN ECONOMICS13. Investment Finance and Financial Sector DevelopmentBokhyun Cho14. Keynes's Theory of Probability, Investment Behavior, andBehavioral FinanceEdwin Dickens15. Real Exchange Rate Levels, Investment and Growth: A KeynesianPerspectivePaulo Gala16. A Reinterpretation, Remedy and Development of Keynes's LiquidityPreference TheoryWenge Huang17. Keynes's 'Revolving Fund of Finance' and Transactions in theCircuitSteve Keen18. Monetary and Fiscal Policies in a Post Keynesian Stock-flowConsistent ModelEdwin le Heron19. Expectations and UnemploymentJ.W. Nevile and Peter KrieslerIndex

Product Details

  • publication date: 01/12/2008
  • ISBN13: 9781847205810
  • Format: Hardback
  • Number Of Pages: 384
  • ID: 9781847205810
  • ISBN10: 184720581X

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