The post-Keynesian approach to economics : an alternative analysis of economic theory and policy
Author(s)
Bibliographic Information
The post-Keynesian approach to economics : an alternative analysis of economic theory and policy
(New directions in modern economics series)
E. Elgar, c1992
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Note
Bibliography: p. 273-303
Includes index
Description and Table of Contents
Description
This major new book provides a coherent critique of the neo-classical synthesis together with a comprehensive and systematic introduction to the post Keynesian alternatives.
Professor Arestis demonstrates that post Keynesian economics offers a challenge to conventional neoclassical economics. He argues that although post Keynesianism is not problem-free, it nevertheless offers a more satisfactory explanation of 'real' phenomena.
The post Keynesian Approach to Economics reveals the microfoundations of post Keynesian economics and describes how these theoretical propositions link up with the macrofoundations. In doing so, it demonstrates that money pricing, capital accumulation, growth and distribution are linked very closely together. The economic policy implications are discussed extensively.
Table of Contents
Contents: Preface 1. The Grand Neo-Classical Synthesis 2. Refinements of the GNS 3. A Critique of GNS Economics 4. Post-Keynesian Economics 5. Theories of Production, Investment and Distribution 6. Theories of Prices and Pricing 7. The Theory of Money Wage Determination 8. The Theory of Money, Credit and Finance 9. Growth Dynamics and Business Cycles Theories 10. Economic Policy Implications Index
by "Nielsen BookData"