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In Defense of Post-Keynesian and Heterodox Economics

Author: Frederic S. Lee

Publisher: Routledge

Published: 2012-11-12

Total Pages: 282

ISBN-13: 1136215662

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Post-Keynesian and heterodox economics challenge the mainstream economics theories that dominate the teaching at universities and government economic policies. And it was these latter theories that helped to cause the great depression the United States and the rest of the world is in. However, most economists and the top 1% do not want mainstream theories challenged—for to do so would mean questioning why and how the 1% got where they are. Therefore, numerous efforts have been and are being made to discredit if not suppress Post-Keynesian and heterodox economics. These efforts have had some success; this book is a response to them. This book makes it clear that Post Keynesian/heterodox economics is, in spite of internal problems, a viable and important approach to economics and that it should resist the attempts of the critics to bury it. The reader will also find arguments that directly engage the critics and suggest that their views/criticisms are vacuous and wrong. As such, this will appeal to all who are interested in economic theory, economic history and who believe in challenging the orthodoxy.

Book Synopsis In Defense of Post-Keynesian and Heterodox Economics by : Frederic S. Lee

Download or read book In Defense of Post-Keynesian and Heterodox Economics written by Frederic S. Lee and published by Routledge. This book was released on 2012-11-12 with total page 282 pages. Available in PDF, EPUB and Kindle. Book excerpt: Post-Keynesian and heterodox economics challenge the mainstream economics theories that dominate the teaching at universities and government economic policies. And it was these latter theories that helped to cause the great depression the United States and the rest of the world is in. However, most economists and the top 1% do not want mainstream theories challenged—for to do so would mean questioning why and how the 1% got where they are. Therefore, numerous efforts have been and are being made to discredit if not suppress Post-Keynesian and heterodox economics. These efforts have had some success; this book is a response to them. This book makes it clear that Post Keynesian/heterodox economics is, in spite of internal problems, a viable and important approach to economics and that it should resist the attempts of the critics to bury it. The reader will also find arguments that directly engage the critics and suggest that their views/criticisms are vacuous and wrong. As such, this will appeal to all who are interested in economic theory, economic history and who believe in challenging the orthodoxy.

A New Guide to Post-Keynesian Economics

Author: Richard P. F. Holt

Publisher: Routledge

Published: 2001-08-16

Total Pages: 160

ISBN-13: 113458279X

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Eichner's classic A Guide to Post-Keynesian Economics (1978) is still seen as the definitive staging post for those wishing to familiarise themselves with the Post-Keynesian School. This book brings the story up-to-date. Of all the subgroups within heterodox economics, Post-Keynesianism has provided the most convincing alternative to mainstream theory. The main representatives of the Post-Keynesianism from both sides of the Atlantic are represented here, including Paul Davidson, Geoff Harcourt and Sheila Dow.

Book Synopsis A New Guide to Post-Keynesian Economics by : Richard P. F. Holt

Download or read book A New Guide to Post-Keynesian Economics written by Richard P. F. Holt and published by Routledge. This book was released on 2001-08-16 with total page 160 pages. Available in PDF, EPUB and Kindle. Book excerpt: Eichner's classic A Guide to Post-Keynesian Economics (1978) is still seen as the definitive staging post for those wishing to familiarise themselves with the Post-Keynesian School. This book brings the story up-to-date. Of all the subgroups within heterodox economics, Post-Keynesianism has provided the most convincing alternative to mainstream theory. The main representatives of the Post-Keynesianism from both sides of the Atlantic are represented here, including Paul Davidson, Geoff Harcourt and Sheila Dow.

Elgar Encyclopedia of Post-Keynesian Economics

Author: Louis-Philippe Rochon

Publisher: Edward Elgar Publishing

Published: 2023-01-13

Total Pages: 475

ISBN-13: 1788973933

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This Encyclopedia is an invaluable reference book for post-Keynesian and heterodox economics. It consists of 300 entries, written by 180 different authors. The volume includes entries on key concepts of interest to post-Keynesians as well as descriptions of some of the seminal books in the post-Keynesian tradition. It will interest both students and scholars of heterodox economics, as well as policy makers around the world looking for a better alternative to mainstream economic policies at national and international levels in the aftermath of the global financial crisis that burst in 2008 and the COVID-19 pandemic crisis that began in 2020.

Book Synopsis Elgar Encyclopedia of Post-Keynesian Economics by : Louis-Philippe Rochon

Download or read book Elgar Encyclopedia of Post-Keynesian Economics written by Louis-Philippe Rochon and published by Edward Elgar Publishing. This book was released on 2023-01-13 with total page 475 pages. Available in PDF, EPUB and Kindle. Book excerpt: This Encyclopedia is an invaluable reference book for post-Keynesian and heterodox economics. It consists of 300 entries, written by 180 different authors. The volume includes entries on key concepts of interest to post-Keynesians as well as descriptions of some of the seminal books in the post-Keynesian tradition. It will interest both students and scholars of heterodox economics, as well as policy makers around the world looking for a better alternative to mainstream economic policies at national and international levels in the aftermath of the global financial crisis that burst in 2008 and the COVID-19 pandemic crisis that began in 2020.

A History of Heterodox Economics

Author: Frederic Lee

Publisher: Routledge

Published: 2009-06-02

Total Pages: 504

ISBN-13: 1135970211

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Economics is a contested academic discipline between neoclassical economics and a collection of alternative approaches, such as Marxism-radical economics, Institutional economics, Post Keynesian economics, and others, that can collectively be called heterodox economics. Because of the dominance of neoclassical economics, the existence of the alternative approaches is generally not known. This book is concerned with the community history of heterodox economics, seen primarily through the eyes of Marxian-radical economics and Post Keynesian economics. Throughout the 20th century neoclassical economists in conjunction with state and university power have attacked heterodox economists and tried to cleanse them from the academy. Professor Lee, his groundbreaking new title discusses issues including the contested landscape of American economics in the 1970s, the emergence and establishment of Post Keynesian economics in the US and the development of heterodox economics in Britain from 1970 to 1996.

Book Synopsis A History of Heterodox Economics by : Frederic Lee

Download or read book A History of Heterodox Economics written by Frederic Lee and published by Routledge. This book was released on 2009-06-02 with total page 504 pages. Available in PDF, EPUB and Kindle. Book excerpt: Economics is a contested academic discipline between neoclassical economics and a collection of alternative approaches, such as Marxism-radical economics, Institutional economics, Post Keynesian economics, and others, that can collectively be called heterodox economics. Because of the dominance of neoclassical economics, the existence of the alternative approaches is generally not known. This book is concerned with the community history of heterodox economics, seen primarily through the eyes of Marxian-radical economics and Post Keynesian economics. Throughout the 20th century neoclassical economists in conjunction with state and university power have attacked heterodox economists and tried to cleanse them from the academy. Professor Lee, his groundbreaking new title discusses issues including the contested landscape of American economics in the 1970s, the emergence and establishment of Post Keynesian economics in the US and the development of heterodox economics in Britain from 1970 to 1996.

Post-Keynesian Economics

Author: Marc Lavoie

Publisher: Edward Elgar Pub

Published: 2015

Total Pages: 660

ISBN-13: 9781783475285

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The book is a considerably extended and fully revamped edition of the highly successful and frequently cited Foundations of Post-Keynesian Economic Analysis, published in 1992. It provides an exhaustive account of post-Keynesian economics and of the developments that have occurred in post-Keynesian theory and in the world economy over the last twenty years. Topics covered include open-economy issues, the methodological foundations of heterodox economics, consumer theory, firms and pricing, money and credit, effective demand and employment, inflation theory, and growth theories.

Book Synopsis Post-Keynesian Economics by : Marc Lavoie

Download or read book Post-Keynesian Economics written by Marc Lavoie and published by Edward Elgar Pub. This book was released on 2015 with total page 660 pages. Available in PDF, EPUB and Kindle. Book excerpt: The book is a considerably extended and fully revamped edition of the highly successful and frequently cited Foundations of Post-Keynesian Economic Analysis, published in 1992. It provides an exhaustive account of post-Keynesian economics and of the developments that have occurred in post-Keynesian theory and in the world economy over the last twenty years. Topics covered include open-economy issues, the methodological foundations of heterodox economics, consumer theory, firms and pricing, money and credit, effective demand and employment, inflation theory, and growth theories.

Finance, Growth and Inequality

Author: Louis-Philippe Rochon

Publisher: Edward Elgar Publishing

Published: 2019

Total Pages: 328

ISBN-13: 1788973690

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This book brings together some leading and emerging scholars who bring an alternative view on some of the most pressing issues of today. In addition to key concepts in post-Keynesian and heterodox economics, the authors also explore financialization, debt, income distribution, and policies, and the emerging threat of dualism. Policy makers and scholars alike will find the book a much need addition to the field.

Book Synopsis Finance, Growth and Inequality by : Louis-Philippe Rochon

Download or read book Finance, Growth and Inequality written by Louis-Philippe Rochon and published by Edward Elgar Publishing. This book was released on 2019 with total page 328 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book brings together some leading and emerging scholars who bring an alternative view on some of the most pressing issues of today. In addition to key concepts in post-Keynesian and heterodox economics, the authors also explore financialization, debt, income distribution, and policies, and the emerging threat of dualism. Policy makers and scholars alike will find the book a much need addition to the field.

The Heterodox Economics of Gardiner C. Means

Author: Lily Xiao Hong Lee

Publisher: Routledge

Published: 2019-07-25

Total Pages: 398

ISBN-13: 1315489848

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This collection brings together articles written by Gardiner C. Means, a leading institutionalist and post-Keynesian economist. Means studies the modern corporation and its implications for the institution on private property and the economic systems as a whole. The selections illuminate Means' analysis of the corporate revolution, the role of administered pricing and the consequences for macro-economic instability in the American economy. The book includes the controversial theoretical chapters for his proposed Harvard dissertation, his essay on industrial prices and their inflexibility, the causes of depression, administered prices and the risk of inflation, his analysis of stagflation and the control of inflation. An essay by his widow, Caroline F. Ware, examines the resistance of the American economics profession to Means' theory of administered prices.

Book Synopsis The Heterodox Economics of Gardiner C. Means by : Lily Xiao Hong Lee

Download or read book The Heterodox Economics of Gardiner C. Means written by Lily Xiao Hong Lee and published by Routledge. This book was released on 2019-07-25 with total page 398 pages. Available in PDF, EPUB and Kindle. Book excerpt: This collection brings together articles written by Gardiner C. Means, a leading institutionalist and post-Keynesian economist. Means studies the modern corporation and its implications for the institution on private property and the economic systems as a whole. The selections illuminate Means' analysis of the corporate revolution, the role of administered pricing and the consequences for macro-economic instability in the American economy. The book includes the controversial theoretical chapters for his proposed Harvard dissertation, his essay on industrial prices and their inflexibility, the causes of depression, administered prices and the risk of inflation, his analysis of stagflation and the control of inflation. An essay by his widow, Caroline F. Ware, examines the resistance of the American economics profession to Means' theory of administered prices.

Post Keynesian Economics

Author: Therese Jefferson

Publisher: Edward Elgar Publishing

Published: 2024-02-28

Total Pages: 0

ISBN-13: 9781803922225

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This erudite book offers an extensive overview of the key debates taking place amongst Post Keynesian economists, acknowledging the vital contribution Post Keynesian scholarship has made to theoretical and policy discourse in the 21st century. Bringing together distinguished experts from across the globe, Post Keynesian Economics: Key Debates and Contending Perspectives discusses the profound questions of heterodox economic theory and the far-reaching implications for economic policy. Chapters consider the relationship between Post Keynesianism and other schools of heterodox economics; modern monetary theory and its links to Post Keynesian economics; as well as exploring issues of gender, race, climate change, and the growth of inequality in the distribution of income and wealth. In a time of global financial and political uncertainty, this book presents alternative views on monetary theory and policy, providing a much-needed antidote to ongoing economic debates. This book will be of great interest to students, academics and researchers focussing on heterodox economics, Post Keynesian economics, and the history of economic thought. Highlighting the critical relationships between finance, politics and sociology, this book will also be beneficial to academics and researchers interested in sociology, politics and political science.

Book Synopsis Post Keynesian Economics by : Therese Jefferson

Download or read book Post Keynesian Economics written by Therese Jefferson and published by Edward Elgar Publishing. This book was released on 2024-02-28 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: This erudite book offers an extensive overview of the key debates taking place amongst Post Keynesian economists, acknowledging the vital contribution Post Keynesian scholarship has made to theoretical and policy discourse in the 21st century. Bringing together distinguished experts from across the globe, Post Keynesian Economics: Key Debates and Contending Perspectives discusses the profound questions of heterodox economic theory and the far-reaching implications for economic policy. Chapters consider the relationship between Post Keynesianism and other schools of heterodox economics; modern monetary theory and its links to Post Keynesian economics; as well as exploring issues of gender, race, climate change, and the growth of inequality in the distribution of income and wealth. In a time of global financial and political uncertainty, this book presents alternative views on monetary theory and policy, providing a much-needed antidote to ongoing economic debates. This book will be of great interest to students, academics and researchers focussing on heterodox economics, Post Keynesian economics, and the history of economic thought. Highlighting the critical relationships between finance, politics and sociology, this book will also be beneficial to academics and researchers interested in sociology, politics and political science.

Future Directions for Heterodox Economics

Author: John T. Harvey

Publisher: University of Michigan Press

Published: 2008

Total Pages: 348

ISBN-13: 9780472032471

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A comprehensive survey of the current state--and future direction--of heterodox economic thought

Book Synopsis Future Directions for Heterodox Economics by : John T. Harvey

Download or read book Future Directions for Heterodox Economics written by John T. Harvey and published by University of Michigan Press. This book was released on 2008 with total page 348 pages. Available in PDF, EPUB and Kindle. Book excerpt: A comprehensive survey of the current state--and future direction--of heterodox economic thought

Cambridge Economics in the Post-Keynesian Era

Author: Ashwani Saith

Publisher: Springer Nature

Published: 2022-11-11

Total Pages: 1218

ISBN-13: 303093019X

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This book chronicles the rise and especially the demise of diverse revolutionary heterodox traditions in Cambridge theoretical and applied economics, investigating both the impact of internal pressures within the faculty as also the power of external ideological and political forces unleashed by the global dominance of neoliberalism. Using fresh archival materials, personal interviews and recollections, this meticulously researched narrative constructs the untold story of the eclipse of these heterodox and post-Keynesian intellectual traditions rooted and nurtured in Cambridge since the 1920s, and the rise to power of orthodox, mainstream economics. Also expunged in this neoclassical counter-revolution were the structural and radical policy-oriented macro-economic modelling teams of the iconic Department of Applied Economics, along with the atrophy of sociology, development and economic history from teaching and research in the self-purifying faculty. This book will be of particular interest to researchers in the history of economic thought, sociology of knowledge, political economy, especially those engaged in heterodox and post-Keynesian economics, and to everyone wishing to make economics fit for purpose again for negotiating the multiple economic, social and environmental crises rampant at national and global levels.

Book Synopsis Cambridge Economics in the Post-Keynesian Era by : Ashwani Saith

Download or read book Cambridge Economics in the Post-Keynesian Era written by Ashwani Saith and published by Springer Nature. This book was released on 2022-11-11 with total page 1218 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book chronicles the rise and especially the demise of diverse revolutionary heterodox traditions in Cambridge theoretical and applied economics, investigating both the impact of internal pressures within the faculty as also the power of external ideological and political forces unleashed by the global dominance of neoliberalism. Using fresh archival materials, personal interviews and recollections, this meticulously researched narrative constructs the untold story of the eclipse of these heterodox and post-Keynesian intellectual traditions rooted and nurtured in Cambridge since the 1920s, and the rise to power of orthodox, mainstream economics. Also expunged in this neoclassical counter-revolution were the structural and radical policy-oriented macro-economic modelling teams of the iconic Department of Applied Economics, along with the atrophy of sociology, development and economic history from teaching and research in the self-purifying faculty. This book will be of particular interest to researchers in the history of economic thought, sociology of knowledge, political economy, especially those engaged in heterodox and post-Keynesian economics, and to everyone wishing to make economics fit for purpose again for negotiating the multiple economic, social and environmental crises rampant at national and global levels.