ISBN:
9781786439864
Language:
English
Pages:
1 Online-Ressource (xxiii, 182 Seiten)
Series Statement:
New directions in modern economics
Series Statement:
Elgaronline
Series Statement:
Edward Elgar books
Series Statement:
Edward Elgar E-Book Archive
Parallel Title:
Erscheint auch als Money, method and contemporary post-Keynesian economics
DDC:
330.156
Keywords:
Postkeynesianismus
;
Keynesianismus
;
Ökonomische Ideengeschichte
;
Keynesian economics
;
Electronic books
;
Aufsatzsammlung
;
Neokeynesianismus
;
Geldtheorie
;
Geldmarkt
;
Marktversagen
;
Wirtschaftsentwicklung
Abstract:
Contents: Introduction -- Acknowledgements -- 1. Monetary regimes, then and now / Charles Goodhart -- 2. Keynes applied / Geoff Tily -- 3. Rethinking monetary restraint / Roy Rotheim -- 4. The evolutionary approach to banking and the credit-hungry consumer: a view of the failure of African Bank / Penelope Hawkins -- 5. Financial fragility in Asia / Jayati Ghosh -- 6. Shadow banking in emerging economies like India / Sunanda Sen -- 7. Finance for transformation: a Post-Keynesian perspective on global sustainable development / Rogerio Studart -- 8. A personal interpretation of Victoria Chick's monetary thought: intellectual rigour, scientific innovation and common sense / Carlos J. Rodríguez-Fuentes -- 9. Equilibrium and uncertainty / Bert Tieben -- 10. Hicks's progress from statics to historical time / Mogens O. Madsen -- 11. A "static model of a dynamic process": underemployment equilibrium with flexible wages and prices / Angel Asensio -- 12. The economics of enough: a future for capitalism or a new way of living? / Victoria Chick and Alan Freeman -- 13. Does Post Keynesianism need a theory of care? / Robert McMaster -- Index.
Abstract:
The Post-Keynesian methodology emphasising uncertainty is indispensable to analysing and understanding the major challenges of the 21st Century. On that basis, this book focuses on the failures of the market economic system to secure stability and sustainability, and demonstrates why this is not recognised by conventional economic theory. The Post-Keynesian economics set out here aims for an understanding of the economy as a whole and as an integral part of society. Chapters analysing money, banks and finance as dynamic phenomena open the book. They are followed by chapters focusing on methodological issues such as uncertainty, longer-term aspects, sustainability and other non-monetary economic activities. This important book is a useful tool for students and researchers who wish to gain a better understanding of real world economics. In these areas where conventional macroeconomic theory may not be sufficient, this book offers viable Post-Keynesian alternatives
DOI:
10.4337/9781786439864
URL:
Volltext
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URL:
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