Post-Keynesian economics : new foundations / Marc Lavoie (Professor Emeritus, University of Ottawa, Canada, Professor Emeritus, University of Sorbonne Paris Nord (CEPN), France and FMM Fellow, Institut für Makroökonomie, Düsseldorf, Germany).

Format:

Book

Author/Creator:

Lavoie, M. (Marc), author.

Contributor:

Edward Elgar Publishing, publisher.

Language:

English

Subjects (All):

Keynesian economics.

Genre:

Electronic books.

Physical Description:

1 online resource (744 pages)

Edition:

2nd edition.

Place of Publication:

Northampton : Edward Elgar Publishing, 2022.

Summary:

"Students in economics are ever more distressed by the disconnect between mainstream economics and the real world. This book shows how post-Keynesian economics constitutes a coherent heterodox alternative, based on realistic assumptions and the integration of the financial and real sides of the economy, with an emphasis on the many paradoxes that arise in a truly macroeconomic analysis. The book is a considerably revised and updated version of the widely used and frequently cited 2014 edition, which won the EAEPE Myrdal Prize (now the Joan Robinson Prize). It provides an exhaustive account of post-Keynesian theory and policy. Topics covered include its methodological foundations, consumer theory and choice under fundamental uncertainty, firms and pricing, money and credit, effective demand and employment, growth theory, open-economy issues, inflation theory. It also links up with ecological economics. Scholars of economics, particularly post-Keynesian and heterodox economists, will find this comprehensive look at the field a necessary addition to their libraries and students and instructors will find it a perfect text for any class on post-Keynesian economics"-- Provided by publisher.

Contents:

Contents: Notation used in the book

Preface to the second edition

1. Essentials of heterodox and post-keynesian economics

2. Theory of choice

3. Theory of the firm

4. Credit, money and central banks

5. Effective demand and employment

6. Accumulation and capacity

7. Open-economy macroeconomics

8. Inflation theory

9. Concluding remarks

References

Index.

Notes:

Includes bibliographical references and index.

Description based on print record.

ISBN:

9781839109621 (e-book)

Access Restriction:

Restricted for use by site license.