Post Keynesian macroeconomic theory: a foundation for successful economic policies for the twenty-first century/

Davidson, Paul

Post Keynesian macroeconomic theory: a foundation for successful economic policies for the twenty-first century/ Paul Davidson. - 2nd ed. - Cheltenham, U.K. : Northamptom, Mass. : Edward Elgar, 2011. - v, 354 p. : ill. ; 24 cm.

Previous ed.: 1994.

Includes bibliographical references and index.

1. The Background for Keynes's Revolution -- 2. The Essential Difference between the General Theory and the Classical System -- 3. Taxonomy, Axioms, and Expenditures Related to Income: Keynes's D1 Category -- 4. Investment Spending -- 5. Government and the Level of Output -- 6. Delving Further into the Relationship between Money, Liquidity and Uncertainty -- 7. Liquidity Preference - the Basis of Keynes's Revolution -- 8. The Finance Motive and the Interdependence of the Real and Monetary Sectors -- 9. Financial Markets, Fast Exits and Great Depressions and Recessions -- 10. Inflation: Causes and Cures -- 11. Keynes's Aggregate Supply and Demand Analysis -- 12. The Demand and Supply of Labour -- 13. Money in an International Setting -- 14. Trade Imbalances and International Payments -- 15. International Liquidity and Exchange Rate Stability -- 16. Financing the Wealth of Nations -- 17. Export-Led Growth and a Proposal for an International Payments Scheme -- 18. Epilogue: Truth in Labelling and Economic Textbooks.

9781849809795 (hbk.) 9781849809801


Keynesian economics.
Macroeconomics.
Economics--History

339.3 / DAV/P
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