Post-Keynesian Theory Revisited Money, Uncertainty and Employment.
Clasificación: | Libro Electrónico |
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Autor principal: | |
Formato: | Electrónico eBook |
Idioma: | Inglés |
Publicado: |
Newcastle upon Tyne :
Agenda Publishing,
2020.
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Temas: | |
Acceso en línea: | Texto completo |
Tabla de Contenidos:
- Cover
- Half-title
- Title page
- Copyright information
- Table of contents
- Preface
- Acknowledgments
- List of figures
- 1 Introduction and history
- Recovery from the neoclassical synthesis
- Recovery from Keynes himself
- Extensions
- Money supply and banks
- Inflation
- Economic growth
- Imperfect competition and microeconomics
- Methodology
- A map with crucial names and dates
- Foundation
- Identity
- Diaspora
- Hamlet without the prince
- Revisiting post-Keynesian theory
- 2 Flavours of uncertainty
- Definitions and early twentieth-century foundations
- Ergodic and non-ergodic
- Human abilities
- Conclusion
- 3 Conventions and the thirst for liquidity
- Nihilism, "as if" assumptions and the "epistemic interval"
- Conventional judgement
- Liquidity preference
- Capacity utilization
- Nominal contracts
- Conclusion
- 4 Effective demand
- Say's law
- Aggregate supply and aggregate demand under barter
- The point of effective demand in Marshallian (Keynesian) form
- The point of effective demand in Kaleckian form
- A comparative assessment
- Conclusion
- 5 Time and money
- A durable good
- The marginal efficiency of investment
- A continuum of assets
- Liquidity preference
- Conclusion
- 6 Banks
- Problems
- A useful diagram
- The accommodationist or horizontalist view
- The structuralist view
- Central bank reactions
- Commercial banks' lending
- Households' liquidity preference
- Conclusion
- 7 Destabilizing stability
- Hyman Minsky
- An economy doing well
- The Minsky moment
- The global financial crisis as a flight to liquidity
- An evaluation and conclusion
- 8 Where to now?
- Inflation
- Government expenditure and debt
- Growth
- A final word
- References
- Index