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Full Description
In addition, their essays suggest the ultimate goal of economics is as a tool to inform policy and make the world a better place, with better being defined by an overriding concern with social justice.
Contents
List of Figures List of Tables Preface Economic Theory 1. The crisis in mainstream economics; Harcourt 2. On the concepts of period and run in economic theory; Harcourt 3. Partial equilibrium analysis; Kriesler 4. Exchange value; Kriesler 5. Expectations and unemployment; Nevile and Kriesler 6. Aggregate demand and supply analysis: a story in the wrong language; Nevile 7. The use and abuse of aggregate demand and supply functions; Nevile and B. Bhaskara Rao 8. Has the long-run Phillips curve turned horizontal?; Craig Freedman, Harcourt and Kriesler 9. Some notes on classical political economy and the rise to dominance of supply and demand theories; Halevi 10. Accumulation, breakdown crises, disproportionality, and effective demand; Halevi 11. Structure and growth; Halevi 12. Capital and growth: its relevance as a critique of neoclassical and classical economic theories; Halevi 13. Marx or Hicks? Structural proportions and crisis: the transition from the first to the third volume of capital; Halevi and Kriesler 14. Employment and planning; Halevi 15. The composition of investment under conditions of non-uniform changes; Halevi 16. Structural analysis of development and underdevelopment; Halevi 17. Lowe, Dobb and Hicks; Halevi 18. Harcourt, Hicks and Lowe: incompatible bedfellows?; Kriesler 19. The traverse, equilibrium analysis, and post-Keynesian economics; Halevi, Neil Hart and Kriesler Post -Keynesian Economics 20. The structure of post-Keynesian economics: the core contributions of the pioneers; Harcourt 21. Luigi Pasinetti: the senior living heir of the Cambridge School of Economics and the last of the great system-builders; Harcourt 22. Luigi Pasinetti and the political economy of growth and distribution; Halevi 23. The significance of the theory of vertically integrated processes for the problem of economic development; Halevi 24. Ronald Meek's 'magnificent' review article of Piero Sraffa's 1960 classic: Top Hit In Decade 1954-63; Harcourt 25. The importance of HUMBUG in Cambridge-Cambridge controversies in capital theory; Harcourt 26. Switching and employment; Halevi 27. Multiplier theory with tax rates as policy instruments; Nevile 28. Capacity utilization, inflation, and monetary policy: the Dumenil and Levy macro model and the New Keynesian consensus; Marc Lavoie and Kriesler 29. The new consensus on monetary policy and its post-Keynesian Critique; Kriesler and Lavoie 30. The rate of interest; Nevile 31. Comment on Professor Lerner's paper: a Marxist view; Halevi 32. Observations on Kaldorian and post-Keynesian Approaches to inflation; Halevi 33. Theorizing about post-Keynesian economics in Australasia: aggregate demand, economic growth and income distribution policy; Paul Dalziel and Nevile 34. Marxism and post-Keynesian economics; Halevi 35. Effective demand, capacity utilisation and the sectoral distribution of investment; Halevi 36. Capitalism and post-Keynesian economics: some critical observations; Halevi
