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Full Description
A collection of papers from leading thinkers to celebrate the work of the late Wynne Godley, and his enormous contribution to the field of monetary economics. Chapters include in-depth discussions of the revolutionary economic modelling systems that Godley introduced, as well as his prescient concerns about the global financial crash.
Contents
Wynne Godley's Economics; D.Papadimitriou Godley Works in Mysterious Ways: the craft of economic judgement in postwar Britain; T.Mata Godley Got it Right; L.R.Wray Who are These Economists, Anyway? J.K.Galbraith A Look at New Cambridge: will the UK private expenditure function stand up? B.Martin Three Balances and Twin Deficits: Godley versus Ruggles and Ruggles; A.Shaikh From Macroeconomics to Monetary Economics: some persistent themes in the theory work of Wynne Godley; M.Lavoie Godley and Graziani: stock-flow consistent monetary circuits; G.Zezza The stock-flow consistent approach with active financial markets; J.Toporowski & J.Michell Financial integration and stabilization in a monetary union without or with bank rationing; V.Duwicquet & J.Mazier Debt-Deflation Traps within Small Open Economies: a stock-flow consistent perspective; S.Kinsella A Debate with Wynne Godley on the Neutrality of Fiscal Policy; E.Le Heron The Effectiveness of Fiscal Policy in the Levy Institute's Stock-Flow Model; P.Arestis & M.Sawyer Of Unsustainable Processes and the US Dollar; J.Bibow Squaring the Circle in Euroland? Some Remarks on the Stability Programmes 2010-2013; M.Brecht, S.Tober, T.van Trreeck & A.Truger Wynne Godley: A Bibliography Index
