Post-Keynesian Economics: New FoundationsThis visionary Research Handbook presents the state of the art in research on policy design. By conceiving policy design both as a theoretical and a methodological framework, it provides scholars and practitioners with guidance on understanding policy problems and devising accurate solutions. |
Contents
| 1 | |
2 Theory of choice | 75 |
3 Theory of the firm | 128 |
4 Credit money and central banks | 193 |
5 Effective demand and employment | 296 |
6 Accumulation and capacity | 370 |
7 Openeconomymacroeconomics | 497 |
8 Inflation theory | 592 |
9 Concluding remarks | 630 |
References | 646 |
Name index | 708 |
| 718 | |
Other editions - View all
Common terms and phrases
aggregate demand argued assets assumed balance behaviour behavioural economics borrow capacity utilization capital central bank changes Chapter consumer costing margin currency debt deficit demand curve deposits distribution domestic Ecological Economics economists Edward Elgar effective demand employment endogenous equation equilibrium eurozone exchange rate expenditures Figure firms fixed exchange rate funds Godley growth rate heterodox heterodox economics higher households impact income increase inflation interest rates Journal of Economics Journal of Post Kaldor Kalecki Kaleckian model Keynes Lavoie liquidity preference loans macroeconomic mainstream Minsky monetary policy natural rate neoclassical normal rate orthodox output parameter positive Post Keynesian Economics post-Keynesian profit rate profit share rate of capacity rate of growth rate of interest rate of profit rate of return rate of utilization ratio real wages reserves sector Sraffian stability target rate theory tion uncertainty unit costs variable wage rate wage share wage-led workers