Uncertainty, international money, employment and theory
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Bibliographic Information
Uncertainty, international money, employment and theory
（The collected writings of Paul Davidson / Paul Davidson ; edited by Louise Davidson, v. 3）
Macmillan, 1999
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Note
Includes bibliographical references and index
Description and Table of Contents
Description
This text contains Paul Davidson's contributions to contemporary economics and policy debates. The relationship between uncertainty, economic theory, international financial markets and global unemployment is analyzed throughout. Davidson suggests solutions for the major problems of the 21st century, including volatile financial markets in Asia and beyond, challenging orthodox responses. The differences between the old, new, and post-Keynesians, all vying for Keynes's mantle, are explored.
Table of Contents
Introduction - PART 1: UNCERTAINTY AND PROBABILITY - Reality and Economic Theory - Uncertainty in Economics - Austrians and Post Keynesians on Economic Reality: A Response to Critics - PART 2: INTERNATIONAL ASPECTS - A Post Keynesian Positive Contribution to Theory - Reforming the World's Money - The Viability of Keynesian Demand Management in an Open Economy Context - The General Theory in an Open Economy - Are Grains of Sand in the Wheels of International Finance Sufficient To Do The Job When Boulders are Often Required? - Global Macro Policies for Reducing Persistent High Unemployment Rates in OECD Countries - PART 3: MONEY AND EMPLOYMENT - The Nature of Money - Money: Cause of Effect? Exogenous or Endogenous? - Can Money be Neutral even in the Long Run? - Eichner's Approach to Money and Macroeconomics - It's Still The Economy, Mr. President - Clinton's Economic Plan - Tampering with the American Dream - Asset Deflation and Financial Fragility - Do Information Frictions Justify Federal Credit Programs? - What are the Essential Elements of Post Keynesian Monetary Theory? - Volatile Financial Markets and the Spectator - Unemployment, Inflation and a Civilized Economy - PART 4: THEORY - The Elephant and the Butterfly: Or Hystersis and Post Keynesian Economics - Would Keynes be a 'New' Keynesian? - The Asimakopulos View of Keynes's General Theory - In Defense of Post Keynesian Economics: A Response to Mongovi - What Revolution? The Legacy of Keynes - Did Keynes Reverse the Marshallian Speed of Adjustment? - Setting the Record Straight - Post Keynesian Employment Analysis and the Macroeconomics of OECD Unemployment - Stagflation - Index
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