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New Keynesian Economics / Post Keynesian Alternatives : Routledge Frontiers of Political Economy, 9 - Roy Rotheim

New Keynesian Economics / Post Keynesian Alternatives

Routledge Frontiers of Political Economy, 9

By: Roy Rotheim (Editor)

Hardcover Published: 27th July 2005
ISBN: 9780415123884
Number Of Pages: 412

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New Keynesian Economics has been the most significant development in economics in recent years. However, many modern thinkers have asked whether it actually builds upon or merely distorts Keynes' work. This unique volume provides the first full-scale critique of the New Keynesian school of thought. Within its pages, Post-Keynesian economists, including many from the United States, challenge New Keynesianism both on the grounds that it is not Keynesian, and does not provide an adequate account of our current economic problems. Sure to provoke much new debate and even controversy, "New Keynesian Economics" seeks to reconcile these two seemingly intractable systems.

Forewordp. ix
Introductionp. 1
p. 9
Prices, Outputs and Marketsp. 11
Setting the Record Straightp. 15
Keynes and the New Keynesians on Market Competitionp. 39
New Keynesian Macroeconomics and Marketsp. 51
Price Theory and Macroeconomicsp. 71
p. 99
The Labour Marketp. 101
Wages and Employmentp. 106
New Keynesian Macroeconomics and the Determination of Employment and Wagesp. 118
Some Questions for New Keynesiansp. 134
Social Norms as Rational Choicesp. 153
Notesp. 167
New Keynesians, Post Keynesians and Historyp. 168
Elements of Conflict in Uk Wage Determinationp. 182
Notesp. 197
p. 199
Money, Credit Rationing and Asymmetric Informationp. 201
Menu Costs and the Nature of Moneyp. 205
Knowledge, Information and Credit Creationp. 214
Post and New Keynesiansp. 227
Disembodied Risk or the Social Construction of Creditworthiness?p. 241
A Kaleckian View of New Keynesian Macroeconomicsp. 262
p. 273
New Walrasian and Strong New Keynesian Macroeconomicsp. 275
Beyond New Keynesian Economicsp. 277
Complex Dynamics in New Keynesian and Post Keynesian Economicsp. 288
Post Keynesian and Strong New Keynesian Macroeconomicsp. 303
p. 323
Public Policyp. 325
On a Recent Change in the Notion of Incomes Policyp. 328
Money and Interest Rates in a Monetary Theory of Productionp. 339
Macroeconomic Policy for the Long Haulp. 356
Bibliographyp. 370
Indexp. 396
Table of Contents provided by Publisher. All Rights Reserved.

ISBN: 9780415123884
ISBN-10: 0415123887
Series: Routledge Frontiers of Political Economy, 9
Audience: Tertiary; University or College
Format: Hardcover
Language: English
Number Of Pages: 412
Published: 27th July 2005
Publisher: Taylor & Francis Ltd
Country of Publication: GB
Dimensions (cm): 24.13 x 16.51  x 2.54
Weight (kg): 0.66
Edition Number: 1

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