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Post Keynesian Economics : Debt, Distribution and the Macro Economy - Thomas I. Palley

Post Keynesian Economics

Debt, Distribution and the Macro Economy

Hardcover Published: 19th June 1996
ISBN: 9780333630594
Number Of Pages: 239

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This work provides a statement of post-Keynesian macroeconomic theory, focusing on the significance of privately created inside debts and income distribution for the determination of economic activity. It highlights the coherence of post-Keynesian macroeconomics, and analyzes its distinctive differences from conventional macroeconomic theory.

Preface - Introduction - The Emergence of Theoretical and Institutional Coherence in Post Keynesian Economics - The Principle of Effective Demand and the Keynesian Revolution in Equilibrium Economics - Aggregate Demand and Price Adjustment: Pigou Versus Fisher -Expected Aggregate Demand, the Production Period, and the Keynesian Theory of Aggregate Supply - Uncertainty and Expectations - The Endogenous Money Supply: Theory and Evidence -Endogenous Finance - Aggregate Demand and Finance: A Post Keynesian Short Period Macro Model - The Phillips Curve and Demand Pull Inflation - Cost-Push and Conflict Inflation - Debt, Aggregate Demand, and the Business Cycle - Competing Visions: A Post Keynesian Summing Up - Index

ISBN: 9780333630594
ISBN-10: 0333630599
Series: Debt, Distribution and the Macro Economy
Audience: Professional
Format: Hardcover
Language: English
Number Of Pages: 239
Published: 19th June 1996
Country of Publication: GB
Dimensions (cm): 21.59 x 13.97  x 1.91
Weight (kg): 0.47
Edition Number: 10

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