Post-Keynesian Economics: New Foundations (Paperback)Marc Lavoie (author)
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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. 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.
Students and scholars of economics, particularly post-Keynesian and heterodox economics, will find this comprehensive look at the field a necessary addition to their libraries.
1. Essentials of Heterodox and Post-Keynesian Economics
2. Theory of Choice
3. Theory of the Firm
4. Credit, Money and Central Banks
5. Effective Demand and Employment
6. Accumulation and Capacity
7. Open-Economy Macroeconomics
8. Inflation Theory
9. Concluding Remarks
Publisher: Edward Elgar Publishing Ltd
Number of pages: 680
Dimensions: 234 x 156 mm
--R.H Scott, Choice
'I am delighted to have been invited to present a discussion of Marc Lavoie's Post-Keynesian Economics: New Foundations. I was contemplating whether to give my short review, 'it's a brilliant book, you must buy it', or my longer and more considered review, 'it's a brilliant book, you must buy it and I wish I had written it'! . . . it is a book every economist should have on his (or her) shelf, placed within easy reach.'
--John McCombie, European Journal of Economics and Economic Policies: Intervention
'This book is extremely informative on current Post-Keynesian views broadly defined. It does not advance the debate on the validity of the most characteristic Post-Keynesian ideas, but it usefully shows where agreement is strong, and where on the contrary (especially on income distribution, and on investment and growth) views are highly divergent and further research and debate are needed.'
--Fabio Petri, Review of Political Economy
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