Foundations of post-Keynesian economic analysis
Author(s)
Bibliographic Information
Foundations of post-Keynesian economic analysis
（New directions in modern economics series）
E. Elgar, c1992
- : hard
- : pbk
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Note
Bibliography: p. 424-448
Includes indexes
Description and Table of Contents
Description
This innovative book demonstrates that it is possible to construct a coherent alternative to neoclassical economics based on the contributions of post Keynesian and Kaleckian economists. It identifies elements from the non-orthodox traditions, in particular from the neo-Ricardian school, that can be welded into a convincing alternative theoretical framework. The building blocks of this synthesis are the non-neo-classical microeconomic foundations of the theory of choice and of the firm. By emphasizing the consequences of a world characterized by true uncertainty and oligopolistic dominance, Marc Lavoie extends short-period paradoxes to the analysis of the long period, and bases these macroeconomic results on microeconomic foundations.
Table of Contents
Contents: 1. The Need for an Alternative 2. Theory of Choice 3. Theory of the Firm 4. Credit and Money 5. Effective Demand and Employment 6. Accumulation and Capacity 7. Inflation 8. Concluding Remarks
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