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  • 1
    ISBN: 9781786439888 , 1786439875
    Language: English
    Pages: 1 Online-Ressource (xx, 208 Seiten)
    Series Statement: New directions in modern economics series
    Series Statement: Elgaronline
    Series Statement: Edward Elgar books
    Series Statement: Edward Elgar E-Book Archive
    Series Statement: New directions in modern economics
    Parallel Title: Erscheint auch als The General theory and Keynes for the 21st century
    RVK:
    Keywords: Keynes, John Maynard ; Keynesianismus ; Makroökonomik ; Ökonomische Ideengeschichte ; Macroeconomics Methodology ; Electronic books ; Aufsatzsammlung ; Keynes, John Maynard 1883-1946 ; Geldmarktkredit ; Kreditwesen ; Wirtschaftspolitik ; Makroökonomie ; Wirtschaftskrise ; Keynes, John Maynard 1883-1946 ; Geldmarktkredit ; Wirtschaftspolitik ; Makroökonomie ; Wirtschaftskrise
    Abstract: Contents: Introduction -- 1. The relevance of The General Theory at 80: economic change and economic theory / Victoria Chick -- 2. Against twisting The General Theory / Maria Cristina Marcuzzo -- 3. The Keynesian unblocking / Robert Skidelsky -- 4. The attacks on The General Theory: how Keynes's theory was lost / G.C. Harcourt, Peter Kriesler and J.W. Nevile -- 5. What future for "Macroeconomics after Keynes"?: a road map to restore the generality of The General Theory / Dario Togati -- 6. Expectations, equilibrium and time in The General Theory / Anna M. Carabelli and Mario A. Cedrini -- 7. Weight of argument and liquidity preference / Alessandro Vercelli -- 8. On some principles to fix the quantity of bank money / Tim Congdon -- 9. John Maynard Pangloss: Indian currency and finance in imperial context / Radhika Desai -- 10. Keynes on domestic and international monetary reform / Sheila Dow -- 11. The "Gibson Paradox", The General Theory and beyond / Gerhard Michael Ambrosi -- 12. Sraffa's prices of production understood in terms of Keynes's state of short-term expectation / M. G. Hayes -- 13. Keynes and Marx: some points of contact / Andy Denis -- 14. No invitation to 'Alles Walzer'! Schumpeter on The General Theory / Heinz Kurz -- Index.
    Abstract: This book is devoted to examining the lasting impact of The General Theory and Keynes's thought on macroeconomic theory, methodology and its relevance for understanding the financial and economic challenges of the 21st Century. A number of contributions take their departure from Keynes's presentation during the 1930s of his new macroeconomic understanding and its policy implications. The book also discusses pluralistic views of Keynes's ideas and their importance for contemporary debates. The General Theory and Keynes for the 21st Century develops the analysis of money and banking, and the intertwined relationship between financial and real-world activities throughout. It demonstrates how vital Keynes's work is to understanding the failure of the globalised financial system as well as pointing to an alternative way forward. The broad scope and richness of the contributions are reminders of how most books severely misrepresent The General Theory and therefore fail to act as a guide to 21st Century policy. As such, this book is a necessary tool for scholars, researchers and advanced students of economics, as well as policy makers who wish to create a more just society in the face of the current deregulated global market economy
    URL: Volltext  (Deutschlandweit zugänglich)
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  • 2
    Online Resource
    Online Resource
    Cheltenham, U.K : Edward Elgar
    ISBN: 9781782547006
    Language: English
    Pages: 1 Online-Ressource (viii, 239 pages) , diagrams
    Series Statement: Edward Elgar E-Book Archive
    Parallel Title: Available in another form
    RVK:
    Keywords: Keynesian economics Study and teaching (Higher) ; Electronic books ; Neokeynesianismus
    Abstract: 1. Teaching post-Keynesian economics in a mainstream department / Marc Lavoie -- 2. The economist who mistook his model for a market / Roy J. Rotheim -- 3. The future is open : on open-system theorising in economics / Victoria Chick -- 4. Teaching open-system economics / Sheila Dow -- 5. Pluralism in economics education / Andy Denis -- 6. Truth and beauty in macroeconomics / Allin Cottrell -- 7. Rhetoric in the spirit of Keynes : metaphors to persuade economists, students and the public about fiscal policy / Bruce Littleboy -- 8. Teaching macroeconomics : seeking inspiration from Paul Davidson / Finn Olesen -- 9. What about the mainstream critique of American principles of economics textbooks? / Poul Thøis Madsen -- 10. Teaching Keynes's theory to neoclassically formed minds / Angel Asensio -- 11. Neoclassical and Keynesian macro models : thinking about the 'special case' / Marco Missaglia -- 12. Economists on the 2008 financial crisis : genuine reflection, or, Constructing narratives to reaffirm the profession's authority? / Michael J. Salvagno.
    Abstract: This book contends that post Keynesian economics has its own methodological and didactic basis, and its realistic analysis is much-needed in the current economic and financial crisis. At a time when the original message of Keynes' General Theory is no longer present in the most university syllabuses, this book celebrates the uniqueness of teaching post Keynesian economics, providing comparisons with traditional economic rationale and illustrating the advantages of post Keynesian pedagogy. Against a backdrop in which neo-classical textbooks prevail, the expert contributors demonstrate that Keynes and The General Theory possess indispensable insight that would furnish students with a clearer understanding of the world economy in which they live. They explore the teaching of post Keynesian economics from a number of different perspectives, covering topics such as open system theorizing, pluralism in teaching, rhetoric in the spirit of Keynes, uncertainty, expectations and money. A critique of mainstream and traditional economic textbooks is also provided. This highly unique and fascinating book will provide an invaluable reference tool for teachers and researchers in post Keynesian economics, as well as their students
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  • 3
    Online Resource
    Online Resource
    Cheltenham, U.K : Edward Elgar
    ISBN: 9781849802123
    Language: English
    Pages: 1 Online-Ressource (xvi, 256 p) , ill
    Series Statement: Edward Elgar E-Book Archive
    Uniform Title: Makroøkonomisk metodologi
    Parallel Title: Available in another form
    Parallel Title: Erscheint auch als Jespersen, Jesper, 1948 - Macroeconomic methodology
    DDC: 339
    RVK:
    Keywords: Makroökonomik ; Postkeynesianismus ; Keynesian economics ; Macroeconomics ; Electronic books ; Makroökonomie ; Methodologie
    Abstract: Jesper Jespersen presents a treatise on the importance of the choice of methodology within macroeconomics. Given that no scientifically based macroeconomic policy recommendation should be established without an evaluation of the methods employed, this book gives a clear exposition of how proper macroeconomic analysis should be undertaken. Furthermore, it is convincingly argued that one of the lasting contributions of John Maynard Keynes was his emphasis on methodology; that macroeconomic consequences of uncertainty could not be analysed within the established general equilibrium framework. It is due to post-Keynesian economics supported by critical realism that the understanding of Keynes's methodology has been resurrected, which has eventually resulted in renewed debate on realistic macroeconomic policies to restore full employment without inflation
    Abstract: 1. Keynes-inspired macroeconomic theory in a methodological perspective -- 2. Macroeconomic methodology : from a critical realist perspective -- 3. The macroeconomic landscape : an example of an ontological reflection -- 4. About uncertainty, risk and limited knowledge -- 5. Uncertainty and 'the economy as a whole' -- 6. Equilibrium and path-dependence from a perspective of uncertainty -- 7. The fallacy of composition -- 8. Effective demand : a macroeconomic causal relationship -- 9. Methodological perspectives for realistic macroeconomic research : a summary
    Note: Includes bibliographical references (p. 234-246) and index
    URL: Volltext  (Deutschlandweit zugänglich)
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  • 4
    ISBN: 9781781009529
    Language: English
    Pages: 1 Online-Ressource (x, 237 pages) , diagrams
    Series Statement: Edward Elgar E-Book Archive
    Parallel Title: Erscheint auch als Keynes's general theory for today
    DDC: 330.156
    RVK:
    Keywords: Keynes, John Maynard ; Keynesianismus ; Keynesian economics ; Economic history 21st century ; Electronic books ; Roskilde 〈2011〉 ; Kongress ; Keynes, John Maynard 1883-1946 General theory of employment, interest and money
    Abstract: The themes of this important new volume were chosen to mark the 75th anniversary of the publication of The General Theory of Employment, Interest and Money. The distinguished authors concentrate on the relevance of this seminal publication for macroeconomic theory, method and the politics of today. This is particularly pertinent as similarities with the 1930s are striking in terms of unemployment, low growth, financial fragility and the European monetary union resembling the gold standard. -- Illustrating new ways of understanding the importance of uncertainty in macroeconomics, particularly in view of the importance of finance and balance of payments imbalances within a monetary union, this book will prove a stimulating and challenging read for academics, researchers and students of macroeconomics, heterodox economics, and the methodology and history of economic thought.
    URL: Volltext  (Deutschlandweit zugänglich)
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  • 5
    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
    RVK:
    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
    URL: Volltext  (Deutschlandweit zugänglich)
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  • 6
    Online Resource
    Online Resource
    Cheltenham, UK : Edward Elgar Publishing
    ISBN: 9781788119887
    Language: English
    Pages: 1 Online-Ressource (xviii, 178 Seiten)
    Series Statement: New directions in modern economics
    Series Statement: [Edward Elgar books]
    Series Statement: Edward Elgar E-Book Archive
    Series Statement: [Elgaronline]
    Parallel Title: Erscheint auch als
    Parallel Title: Erscheint auch als Progressive post-Keynesian economics
    DDC: 330.15/6
    Keywords: Postkeynesianismus ; Ökonomische Ideengeschichte ; Keynesian economics ; Keynesian economics ; Electronic books ; Aufsatzsammlung ; Neokeynesianismus
    Abstract: Contents: Introduction -- 1. Opportunities and challenges for Post-Keynesian economics? / Sheila Dow -- 2. Challenges for Post-Keynesian macroeconomics: A behavioural and structuralist perspective / Peter Skott -- 3. The microfoundation and autonomous agents: G.L.S. Shackle as a front-runner to progressive Post-Keynesian economics / Greg Hill -- 4. Ergodicity/non-ergodicity or else? / Finn Olesen -- 5. Schumpeter and Keynes after the financial crisis: Progressive Post-Keynesian opportunities? / Stefan Voss -- 6. Financialisation and the dysfunctional nature of the financial system / Malcolm Sawyer -- 7. Recognition of early financialisation in the writings of John Maynard Keynes / Diego Guevara, Apostolos Fasianos and Christos Pierros -- 8. Central bank independency and the idea of money neutrality: Re-considering the theoretical link / Ulas Sener -- 9. A Post-Keynesian model of the balance of payments crisis / Hamid Raza, Mikael Randrup Byrialsen, Bjorn Runar Gudmundsson and Gylfi Zoega -- 10. Stagnation policy in the eurozone and Post-Keynesian economic policy alternatives / Eckhard Hein -- 11. Problem-based learning and mainstream economics: Post-Keynesian economics to the rescue? / Jan Holm Ingemann and Poul Thøis Madsen -- 12. Teaching macroeconomics: How to benefit from problem-based learning / Mogens Ove Madsen and Finn Olesen -- 13. Do not blindly trust economists / Mogens Lykketoft -- Index.
    Abstract: "This timely book is devoted to the advance of post-Keynesian economics, covering the last ten years of persistent and nuanced disparities in many dimensions of macroeconomic 'reality'. Taking a pluralistic approach to modern Keynesian economics, the book presents innovative contributions to methodology, analyses of financialization and macroeconomic modeling. It explores how to model a complex macro-system at a time when economic uncertainty is dominant. Rich case studies examine increasing macroeconomic imbalances, paving the way for a better understanding of the political challenges of the future. With chapters dedicated to teaching macroeconomics, the book adopts a practical stance, exploring the notion of moving away from mathematical modeling towards problem-based learning. Provocative and comprehensive, this book is crucial reading for all macroeconomists, from academic researchers to ministerial officials, seeking guidance on dealing with macroeconomic 'reality'. Postgraduate students of heterodox economics and political economy will also benefit from the innovative contributions of top post-Keynesian scholars, offering an alternative understanding of contemporary macroeconomic theory"--
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