Big Three in Economics: Adam Smith, Karl Marx, and John Maynard Keynes
by Mark Skousen · 22 Dec 2006 · 330pp · 77,729 words
a fundamental metamorphosis, emerging ever more convincing and ever more resilient" (Shaw 1988, 5). The remaining Keynesian precepts achieved a certain kind of "permanent revolution." Post-Keynesian Economics Today What's left of modern Keynesian theory? Was Keynesianism a "permanent" revolution, as G.K. Shaw says, or an unfortunate interlude, as Leland Yeager
Debt: The First 5,000 Years
by David Graeber · 1 Jan 2010 · 725pp · 221,514 words
price stability. Edward Elgar: Cheltenham. _____. 1999. “An Irreverent Overview of the History of Money from the Beginning of the Beginning to the Present.” Journal of Post Keynesian Economics. 21 (4): 679-687 _____. 2000. Credit and State Theories of Money. Cheltenham: Edward Elgar. Wright, David P. 2009. Inventing God’s Law: How the Covenant
Austerity: The History of a Dangerous Idea
by Mark Blyth · 24 Apr 2013 · 576pp · 105,655 words
, 2012, http://krugman.blogs.nytimes.com/2012/06/08/the-structural-obsession/. 73. Steven Schulman, “The Natural Rate of Unemployment: Concept and Critique,” Journal of Post-Keynesian Economics 11, 4 (Summer 1989): 509–521. 74. Daniel C. Dennett, Darwin’s Dangerous Idea: Evolution and the Meanings of Life (New York: Simon and Schuster
The Great Economists Ten Economists whose thinking changed the way we live-FT Publishing International (2014)
by Phil Thornton · 7 May 2014
rather than the hours worked, money is a tool for 2. J.E. Elliott, ‘Marx’s Grundrisse: Vision of Capitalism’s Creative Destruction’, Journal of Post Keynesian Economics, Vol. 1(2) (Winter 1978–79), pp. 148–69. Chapter 3 • Karl Marx61 exchange value, and the resulting increase in free time allows each
Animal Spirits: How Human Psychology Drives the Economy, and Why It Matters for Global Capitalism
by George A. Akerlof and Robert J. Shiller · 1 Jan 2009 · 471pp · 97,152 words
: Clarendon Press. Modigliani, Franco, and Richard Brumberg. 1954. “Utility Analysis and the Consumption Function: An Interpretation of Cross-Section Data.” In Kenneth K. Kurihara, ed., Post-Keynesian Economics. New Brunswick, N.J.: Rutgers University Press, pp. 388–436. Modigliani, Franco, and Richard A. Cohn. 1979. “Inflation, Rational Valuation and the Market.” Financial Analysts
The Production of Money: How to Break the Power of Banks
by Ann Pettifor · 27 Mar 2017 · 182pp · 53,802 words
the ‘underworld’ lived on only through Keynes’s closest colleagues in Cambridge, who were subsequently cast out of the profession. His theory was revived as post-Keynesian economics in the US under Sidney Weintraub, Hyman Minsky and Paul Davidson, and in the UK by Victoria Chick, among others. Geoffrey Ingham in the UK
Wall Street: How It Works And for Whom
by Doug Henwood · 30 Aug 1998 · 586pp · 159,901 words
, regulating the system politically without materially politicizing it. The establishment took what it needed from Keynes and left the rest. posties Though I've mentioned post-Keynesian economics several times in this chapter, I've barely fleshed out the mentions. But two matters deserve closer attention — theories of monetary endogeneity, and the work
Hubris: Why Economists Failed to Predict the Crisis and How to Avoid the Next One
by Meghnad Desai · 15 Feb 2015 · 270pp · 73,485 words
during the 1960s and 1970s, with large swathes of economists arguing that the IS-LM approach distorted the original message of Keynes’s General Theory. Post-Keynesian economics was born in the 1960s, hoping to restore the true message of Keynes, but it remains a minority cult. The Policy Legacy of Keynes Yet
Basic Economics
by Thomas Sowell · 1 Jan 2000 · 850pp · 254,117 words
, in what was called the “Phillips Curve,” in honor of economist A.W. Phillips of the London School of Economics, who had developed this analysis. Post-Keynesian Economics The Phillips Curve was perhaps the high-water mark of Keynesian economics. However, the Chicago School began chipping away at the Keynesian theories in general
Debunking Economics - Revised, Expanded and Integrated Edition: The Naked Emperor Dethroned?
by Steve Keen · 21 Sep 2011 · 823pp · 220,581 words
whatever quantity of credit money firms wanted, at the prevailing interest rate. This model, known as ‘Horizontalism’ (Moore 1988b), led to a lengthy dispute within post-Keynesian economics over whether the money supply curve was horizontal, or sloped upwards (Dow 1997). This dispute put the empirically accurate findings of post-Keynesian researchers into
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economics, the main alternatives are: • Austrian economics, which shares many of the features of neoclassical economics, save a slavish devotion to the concept of equilibrium. • Post-Keynesian economics, which is highly critical of neoclassical economics, emphasizes the fundamental importance of uncertainty, and bases itself upon the theories of Keynes and Kalecki. • Sraffian economics
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‘far from equilibrium’ behavior, which undermines the validity of beliefs about capitalism and welfare that depend on the economy not straying too far from equilibrium. Post-Keynesian economics This school of thought developed in reaction to the ‘bastardization’ of Keynes’s economics in the so-called Keynesian–neoclassical synthesis. Regarding themselves as the
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economy which neoclassical economics regards as an adequate proxy for the real world. As Arestis et al. (1999) put it, the main unifying themes in post-Keynesian economics are ‘a concern for history, uncertainty, distributional issues, and the importance of political and economic institutions in determining the level of activity in an economy
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Though the Sraffian school was fairly influential up until 2000, there have been few developments in it since, certainly in comparison to the growth in post-Keynesian economics since that date. Complexity theory and Econophysics Complexity theory is not so much a school of thought in economics as a group of economists who
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‘Second Edition’ of the General Theory, London, Routledge, pp. 61–78. Downward, P. (1999) Pricing Theory in Post Keynesian Economics: A realist approach, Cheltenham: Edward Elgar. Downward, P. and P. Reynolds (1999) ‘The contemporary relevance of Post-Keynesian economics: editors’ introduction,’ Economic Issues, 4: 1–6. Dumenil, G. and D. Levy (1985) ‘The classicals and the
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, K. (1979) ‘A note on capital and output aggregation in a general equilibrium model of production,’ Econometrica, 47: 1559–68. Sawyer, M. C. (ed.) (1988) Post-Keynesian Economics, Aldershot: Edward Elgar. Say, J. B. (1967 [1821]) Letters to Mr Malthus on several subjects of political economy and on the cause of the stagnation
The Social Life of Money
by Nigel Dodd · 14 May 2014 · 700pp · 201,953 words
Investment: A History
by Norton Reamer and Jesse Downing · 19 Feb 2016
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The Euro and the Battle of Ideas
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Global Governance and Financial Crises
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Value of Everything: An Antidote to Chaos The
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The Classical School
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The Entrepreneurial State: Debunking Public vs. Private Sector Myths
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The Deficit Myth: Modern Monetary Theory and the Birth of the People's Economy
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Misbehaving: The Making of Behavioral Economics
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Automation and the Future of Work
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Where Does Money Come From?: A Guide to the UK Monetary & Banking System
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Empire of Things: How We Became a World of Consumers, From the Fifteenth Century to the Twenty-First
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The Rise of the Network Society
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Bullshit Jobs: A Theory
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Modernising Money: Why Our Monetary System Is Broken and How It Can Be Fixed
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Basic Income: A Radical Proposal for a Free Society and a Sane Economy
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Digital Disconnect: How Capitalism Is Turning the Internet Against Democracy
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Sabotage: The Financial System's Nasty Business
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Less Is More: How Degrowth Will Save the World
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Luxury Fever: Why Money Fails to Satisfy in an Era of Excess
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Peers Inc: How People and Platforms Are Inventing the Collaborative Economy and Reinventing Capitalism
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Antifragile: Things That Gain From Disorder
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The Oil Kings: How the U.S., Iran, and Saudi Arabia Changed the Balance of Power in the Middle East
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