Working from Keynes's revolutionary analysis of a money-using entrepreneurial economy, this important new book presents a real world alternative to the basic macroeconomic analytical model. In Post Keynesian Macroeconomic Theory , Paul Davidson addresses the limitations of conventional mainstream New Classical and New Keynesian analysis for developing successful economic policies. Important features of this book include an aggregate supply and demand analysis that does not rely on aggregate supply imperfections, such as ...
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Working from Keynes's revolutionary analysis of a money-using entrepreneurial economy, this important new book presents a real world alternative to the basic macroeconomic analytical model. In Post Keynesian Macroeconomic Theory , Paul Davidson addresses the limitations of conventional mainstream New Classical and New Keynesian analysis for developing successful economic policies. Important features of this book include an aggregate supply and demand analysis that does not rely on aggregate supply imperfections, such as inflexible wages and prices or co-ordination failures, to demonstrate the existence of involuntary unemployment; the application of Keynes's original 1936 closed economy analysis to an open economy engaged in significant international trade in order to resolve international balance of payments problems; and the argument that both old and new Keynesian analytical models were logically incompatible to Keynes's analysis, and so led to unsuccessful policies. Students are encouraged to return to the path of Keynes's analysis which can be applied to understand real world economic problems and to design policies to resolve them. Unlike other textbooks, Post Keynesian Macroeconomic Theory challenges the orthodoxy, providing students of economics with a useful analytical framework as well as a clear understanding of how and why mainstream economics has gone wrong.
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Add this copy of Post Keynesian Macroeconomic Theory: a Foundation for to cart. $10.15, good condition, Sold by ThriftBooks-Baltimore rated 4.0 out of 5 stars, ships from Halethorpe, MD, UNITED STATES, published 1994 by Edward Elgar Publishing.
Add this copy of Post Keynesian Macroeconomic Theory: a Foundation for to cart. $19.81, good condition, Sold by Anybook rated 4.0 out of 5 stars, ships from Lincoln, UNITED KINGDOM, published 1994 by Edward Elgar Publishing Ltd.
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Seller's Description:
This is an ex-library book and may have the usual library/used-book markings inside. This book has soft covers. In good all round condition. Please note the Image in this listing is a stock photo and may not match the covers of the actual item, 550grams, ISBN: 9781852788360.
Add this copy of Post Keynesian Macroeconomic Theory: a Foundation for to cart. $41.43, good condition, Sold by Bonita rated 4.0 out of 5 stars, ships from Hialeah, FL, UNITED STATES, published 1994 by Edward Elgar Publishing Ltd.
Add this copy of Post Keynesian Macroeconomic Theory: a Foundation for to cart. $133.85, new condition, Sold by GridFreed rated 5.0 out of 5 stars, ships from North Las Vegas, NV, UNITED STATES, published 1994 by Edward Elgar Pub.
