Foundations of Post-Keynesian Economic Analysis

Paperback | 1 January 1994

Sorry, we are not able to source the book you are looking for right now.

We did a search for other books with a similar title, however there were no matches. You can try selecting from a similar category, click on the author's name, or use the search box above to find your book.

This innovative book demonstrates that it is possible to construct a coherent alternative to neoclassical economics based on the contributions of post-Keynesian and Kaleckian economists. It identifies elements from the non-orthodox traditions, in particular from the neo-Ricardian school that can be welded into a convincing alternative theoretical framework. The building blocks of this synthesis are the non-neo-classical microeconomic foundations of the theory of choice and of the firm. By emphasising the consequences of a world uncertainty and oligopolistic dominance, Marc Lavoie extends short-period paradoxes to the analysis of the long period, and bases these macroeconomic results on microeconomic foundations.

Industry Reviews

`. . . [provides] excellent expositions for students [and] should allow discussion to concentrate on the theoretical consistency of the various components of the post Keynesian alternative.' -- J.A. Kregel, The Economic Journal `I would have no hesitation in strongly recommending this book to advanced undergraduate and graduate students and scholars who would like an overview of post Keynesian economic theory. . . Its authoritative and comprehensive account of post Keynesian economics and its admirable synthesis of a large body of diverse work into a coherent and compelling whole.' -- Amitava Krishna Dutt, Review of Social Economy 'Lavoie succeeds in providing a comprehensive overview of post Keynesian economics, which shows that there is no need to restrict economics exclusively to the neoclassical paradigm.' -- Werner Meissner, Kyklos `. . . this book provides a worthwhile introduction to a literature that constructively challenges the orthodoxy.' -- Brenda l. Spotton, Canadian Journal of Economics `Lavoie's methodological analysis is praiseworthy. . . Lavoie made an important contribution to the construction of a consistent alternative to neoclassical economics. . .' -- Gilberto Tadeu Lima, RRPE

Shipping

	Standard Shipping	Express Shipping
Metro postcodes:	$9.99	$14.95
Regional postcodes:	$9.99	$14.95
Rural postcodes:	$9.99	$14.95

Orders over $79.00 qualify for free shipping.

How to return your order

At Booktopia, we offer hassle-free returns in accordance with our returns policy. If you wish to return an item, please get in touch with Booktopia Customer Care.

Additional postage charges may be applicable.

Defective items

If there is a problem with any of the items received for your order then the Booktopia Customer Care team is ready to assist you.

For more info please visit our Help Centre.

More in Economic Theory & Philosophy

The World According to Star Wars

Paperback

RRP $27.49

$26.75

Psycho-Cybernetics (Updated and Expanded)

Psycho-cybernetics

Paperback

RRP $26.99

$22.99

15%
OFF

Basic Economics

Hardcover

RRP $75.00

$55.75

26%
OFF

Doughnut Economics

Seven Ways to Think Like a 21st-Century Economist

Paperback

RRP $26.99

$20.75

23%
OFF

The Communist Manifesto : Little Black Classics - Karl Marx

$22.99

15%
OFF

Debt

The First 5000 Years

Paperback

RRP $44.99

$35.75

21%
OFF

Capital in the Twenty-First Century

Paperback

RRP $43.95

$34.75

21%
OFF

The Road to Serfdom

Routledge Classics

Paperback

RRP $29.99

$26.75

11%
OFF

Another Now

Dispatches from an Alternative Present

Paperback

RRP $26.99

$22.75

16%
OFF

Capitalism and Freedom

Emersion: Emergent Village resources for communities of faith

Paperback

RRP $36.95

$29.75

19%
OFF

Capital

Volumes One and Two

Paperback

RRP $19.99

$13.75

31%
OFF

The Mushroom at the End of the World

On the Possibility of Life in Capitalist Ruins

Paperback

RRP $29.99

$26.75

11%
OFF

The Wealth of Nations

Books I - III

Paperback

RRP $26.99

$22.99

15%
OFF

Limitarianism

The Case Against Extreme Wealth

Paperback

RRP $26.99

$22.99

15%
OFF

Power and Progress

Our Thousand-Year Struggle Over Technology and Prosperity | Winners of the 2024 Nobel Prize for Economics

Paperback

RRP $26.99

$21.75

19%
OFF

The Undoing Project

Paperback

RRP $26.99

$22.99

15%
OFF

Making Sense of Chaos

A Better Economics for a Better World

Paperback

RRP $26.99

$22.99

15%
OFF

How to Think Like an Economist : Great Economists Who Shaped the World and What They Can Teach Us - Robbie Mochrie

$21.75

13%
OFF

Discrimination and Disparities

Hardcover

RRP $55.00

$42.75

22%
OFF

Mission Economy

A Moonshot Guide to Changing Capitalism

Paperback

RRP $26.99

$22.99

15%
OFF

How Europe Underdeveloped Africa - Walter Rodney

$22.99

15%
OFF

Preface
The Need for an Alternative	p. 1
Objectives of the book	p. 1
Research programmes and all that	p. 4
Presuppositions of the neoclassical and post-classical paradigms	p. 6
The dominance of neoclassical economics	p. 14
Empirical studies and neoclassical economics	p. 20
The limits of neoclassical theory	p. 26
Theory of Choice	p. 42
The distinction between risk and uncertainty	p. 42
Procedural rationality: rules and norms	p. 50
A theory of household choice	p. 61
An overview of the alternative	p. 92
Theory of the Firm	p. 94
Features and domain of validity of the post-Keynesian firm	p. 94
The objectives of the firm	p. 99
The constraints on growth	p. 105
Cost curves and excess capacity	p. 118
Pricing theory	p. 129
Cost-plus prices and production prices	p. 144
Credit and Money	p. 149
The monetary circuit	p. 151
The endogenous money supply	p. 169
Interest rates and liquidity preference	p. 192
The structural view of endogenous money	p. 203
Consequences	p. 215
Effective Demand and Employment	p. 217
Characteristics of the post-Keynesian labour market	p. 217
The utilization function	p. 225
The simple macroeconomics of employment	p. 230
Pricing rates of utilization and profits	p. 255
Two-sector models	p. 275
Accumulation and Capacity	p. 282
Historical versus logical time	p. 282
The neo-Keynesian growth model: the inflationist version	p. 284
The Kaleckian growth model: the stagnationist version	p. 297
Doctrinal issues around the Kaleckian model	p. 327
Finance and accumulation	p. 347
Inflation	p. 372
A typology of inflation	p. 372
Inductive reasons for inflation	p. 379
Permissive reasons for inflation	p. 385
A simple conflicting-claims model of inflation	p. 391
Variants of the conflicting-claims model of inflation	p. 405
Concluding Remarks	p. 422
References	p. 424
Name Index	p. 449
Subject Index	p. 455
Table of Contents provided by Blackwell. All Rights Reserved.

Foundations of Post-Keynesian Economic Analysis

Industry Reviews

Shipping

How to return your order

Defective items

You Can Find This Book In

More in Economic Theory & Philosophy

The World According to Star Wars

Psycho-Cybernetics (Updated and Expanded)

Psycho-cybernetics

Basic Economics

Doughnut Economics

Seven Ways to Think Like a 21st-Century Economist

The Communist Manifesto

Little Black Classics

Money: A Story of Humanity

Debt

The First 5000 Years

Capital in the Twenty-First Century

The Road to Serfdom

Routledge Classics

Another Now

Dispatches from an Alternative Present

Capitalism and Freedom

Emersion: Emergent Village resources for communities of faith

Capital

Volumes One and Two

The Mushroom at the End of the World

On the Possibility of Life in Capitalist Ruins

The Wealth of Nations

Books I - III

Limitarianism

The Case Against Extreme Wealth

Power and Progress

Our Thousand-Year Struggle Over Technology and Prosperity | Winners of the 2024 Nobel Prize for Economics

The Undoing Project

Making Sense of Chaos

A Better Economics for a Better World

How to Think Like an Economist

Great Economists Who Shaped the World and What They Can Teach Us

The Wealth of Nations

The Economics Classic - A Selected Edition for the Contemporary Reader

Discrimination and Disparities

Mission Economy

A Moonshot Guide to Changing Capitalism

How Europe Underdeveloped Africa

Good Economics for Hard Times

Better Answers to Our Biggest Problems

This product is categorised by