Cargando…

Post-Keynesian Theory Revisited Money, Uncertainty and Employment.

Detalles Bibliográficos
Clasificación:Libro Electrónico
Autor principal: Matteo, Iannizzotto
Formato: Electrónico eBook
Idioma:Inglés
Publicado: Newcastle upon Tyne : Agenda Publishing, 2020.
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