Money, method and contemporary post-Keynesian economics
Author(s)
Bibliographic Information
Money, method and contemporary post-Keynesian economics
（New directions in modern economics series）
Edward Elgar, c2018
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Note
Includes bibliographical references and index
Description and Table of Contents
Description
The Post-Keynesian methodology emphasising uncertainty is indispensable to analysing and understanding the major challenges of the 21st Century. On that basis, this book focuses on the failures of the market economic system to secure stability and sustainability, and demonstrates why this is not recognised by conventional economic theory.
The Post-Keynesian economics set out here aims for an understanding of the economy as a whole and as an integral part of society. Chapters analysing money, banks and finance as dynamic phenomena open the book. They are followed by chapters focusing on methodological issues such as uncertainty, longer-term aspects, sustainability and other non-monetary economic activities.
This important book is a useful tool for students and researchers who wish to gain a better understanding of real world economics. In these areas where conventional macroeconomic theory may not be sufficient, this book offers viable post-Keynesian alternatives.
Contributors include: A. Asensio, V. Chick, S. Dow, A. Freeman, J. Ghosh, C. Goodhart, P. Hawkins, J. Jespersen, M.O. Madsen, R. McMaster, C.J. Rodriguez-Fuentes, R. Rotheim, S. Sen, R. Studart, B. Tieben, G. Tily
Table of Contents
Contents:
Acknowledgements
Introduction
1. Monetary regimes: then and now
Charles Goodhart
2. Keynes applied
Geoff Tily
3. Rethinking monetary restraint
Roy J. Rotheim
4. The evolutionary approach to banking and the credit-hungry consumer: a view of the failure of African Bank
Penelope Hawkins
5. Financial fragility in Asia
Jayati Ghosh
6. Shadow banking in emerging economies like India
Sunanda Sen
7. Finance for transformation: a Post-Keynesian perspective on global sustainable development
Rogerio Studart
8. A personal interpretation of Victoria Chick's monetary thought: intellectual rigour, scientific innovation and common sense
Carlos J. Rodriguez-Fuentes
9. Equilibrium and uncertainty
Bert Tieben
10. Hicks's progress from statics to historical time
Mogens Ove Madsen
11. A 'static model of a dynamic process': underemployment equilibrium with flexible wages and prices
Angel Asensio
12. The economics of enough: a future for capitalism or a new way of living?
Victoria Chick and Alan Freeman
13. Does Post Keynesianism need a theory of care?
Robert McMaster
Index
by "Nielsen BookData"