Introduction to Post-Keynesian Economics

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9780230229211: Introduction to Post-Keynesian Economics

This book offers an accessible introduction to Post-Keynesian economics, showing that there is an alternative to neoclassical economics and its free market economics policies

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'Marc Lavoie has made many important and original contributions to our understanding of how modern economies work, using a broad post-Keynesian approach. In an Introduction to Post-Keynesian Economics he has written an overview that will be of great value to students and teachers alike. His exposition is clear and his prognosis and conclusions are sensible, practical and humane. Lavoie is well on top of modern techniques, but these never obscure his conceptual understanding and his feel for the historical settings of theoretical development.' - G. C Harcourt, Jesus College, Cambridge, UK.
 
'Professor Lavoie has written a very delightful and easy to understand primer on Post Keynesian economics. Placing it within the broader context of heterodox economics, Lavoie shows that Post Keynesian economics makes significant theoretical contributions to microeconomics, macroeconomics, effective demand, employment, and economic growth; and that the contributions are compatible with the contributions of other heterodox approaches. Clearly and elegantly summarizing the contributions of Post Keynesian economics in an open and non-biased manner and relating them to other heterodox approaches, Lavoie has produced a book that can be assigned to students so to introduce them in an unbiased manner to the wonders Post Keynesian-heterodox economics.' - Professor Frederic S. Lee, University of Missouri-Kansas City, USA.
 
'In the face of the present financial crisis and the deep world wide-recession (Post-)Keynesian economics, which has been downgraded by mainstream economists for several decades, has proven to be highly relevant again. Marc Lavoie's 'Introduction to Post-Keynesian Economics' gives a superb overview over methodology, microeconomics, monetary and macroeconomics, and the approaches to distribution and growth of this school of thought. Although it presents the material in a very condensed way the book remains highly readable. It can be recommended as a 'compass' for studying Post-Keynesian economics, both for students and senior researchers.' - Eckhard Hein, Berlin School of Economics and Law, Germany.

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The entire world has been facing the so-called subprime crisis – a crisis that first hit banks and other financial institutions through changes in the real estate market, and later spread to the stock market and the real economy. The chapters in this revised volume help to understand the recent events that attributed to the financial crisis. The book also includes a new postface, which provides a thorough examination on how post-Keynesian theory relates to the subprime financial crisis.

This book offers an accessible introduction to post-Keynesian economics, showing that there is an alternative to neoclassical economics and its free-market economic policies. Post-Keynesian economics is founded on realistic assumptions and stylized facts, such as interest targeting by central banks or constant average variable costs in manufacturing and services. The author shows how these more realistic foundations give rise to macroeconomic implications that are entirely different from those of received wisdom with regards to employment, output growth, inflation and monetary theory. For instance, the author demonstrates that higher minimum wages or real wages can increase both labour employment and the corporate profit rates, and that faster output growth need not lead to higher inflation.

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Lavoie, Marc
Editorial: Palgrave Schol, Print UK (2009)
ISBN 10: 0230229212 ISBN 13: 9780230229211
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Descripción Palgrave Schol, Print UK, 2009. Paperback. Estado de conservación: New. All items inspected and guaranteed. All Orders Dispatched from the UK within one working day. Established business with excellent service record. Nº de ref. de la librería mon0000095569

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Marc Lavoie
Editorial: Palgrave MacMillan, United Kingdom (2009)
ISBN 10: 0230229212 ISBN 13: 9780230229211
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Descripción Palgrave MacMillan, United Kingdom, 2009. Paperback. Estado de conservación: New. 2nd Revised edition. 212 x 138 mm. Language: English . Brand New Book ***** Print on Demand *****.This book offers an accessible introduction to post-Keynesian economics, showing that there is an alternative to neoclassical economics and its free-market economic policies. Post-Keynesian economics is founded on realistic assumptions, such as interest targeting by central banks or constant average variable costs in manufacturing and services. Nº de ref. de la librería AAV9780230229211

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Marc Lavoie
Editorial: Palgrave MacMillan, United Kingdom (2009)
ISBN 10: 0230229212 ISBN 13: 9780230229211
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Descripción Palgrave MacMillan, United Kingdom, 2009. Paperback. Estado de conservación: New. 2nd Revised edition. 212 x 138 mm. Language: English . Brand New Book ***** Print on Demand *****. This book offers an accessible introduction to post-Keynesian economics, showing that there is an alternative to neoclassical economics and its free-market economic policies. Post-Keynesian economics is founded on realistic assumptions, such as interest targeting by central banks or constant average variable costs in manufacturing and services. Nº de ref. de la librería AAV9780230229211

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Lavoie, Marc
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Descripción Palgrave Macmillan, 2009. PAP. Estado de conservación: New. New Book. Delivered from our UK warehouse in 3 to 5 business days. THIS BOOK IS PRINTED ON DEMAND. Established seller since 2000. Nº de ref. de la librería LQ-9780230229211

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Descripción Palgrave Macmillan 2009-08-21, 2009. Estado de conservación: New. Brand new book, sourced directly from publisher. Dispatch time is 24-48 hours from our warehouse. Book will be sent in robust, secure packaging to ensure it reaches you securely. Nº de ref. de la librería NU-ING-00640877

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Descripción Palgrave Macmillan. Paperback. Estado de conservación: New. Paperback. 150 pages. Dimensions: 8.3in. x 5.4in. x 0.5in.This book offers anaccessible introduction to post-Keynesian economics, showing that there is an alternative to neoclassical economics and its free-market economic policies. Post-Keynesian economics is founded on realistic assumptions, such as interest targeting by central banks or constant average variable costs in manufacturing and services. This item ships from multiple locations. Your book may arrive from Roseburg,OR, La Vergne,TN. Paperback. Nº de ref. de la librería 9780230229211

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LAVOIE, M.
Editorial: Palgrave Macmillan (2009)
ISBN 10: 0230229212 ISBN 13: 9780230229211
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Descripción Palgrave Macmillan, 2009. Paperback. Estado de conservación: NEW. 9780230229211 This listing is a new book, a title currently in-print which we order directly and immediately from the publisher. Nº de ref. de la librería HTANDREE0110890

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