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Post-Keynesian Essays from Down Under Volume IV: Essays on Theory

Theory and Policy in an Historical Context

Joseph Halevi, Peter Kriesler, John Nevile, et al.

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Palgrave Macmillan UK img Link Publisher

Sozialwissenschaften, Recht, Wirtschaft / Volkswirtschaft

Beschreibung

Joseph Halevi, G. C. Harcourt, Peter Kriesler and J. W. Nevile bring together a collection of their most influential papers on post-Keynesian thought. Their work stresses the importance of the underlying institutional framework, of the economy as a historical process and, therefore, of path determinacy. In addition, their essays suggest the ultimate goal of economics is as a tool to inform policy and make the world a better place, with better being defined by an overriding concern with social justice. Volume IV explores theory.

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Schlagwörter

equilibrium, keynes, employment, unemployment, monetary policy, economics, post-keynesian, Keynesian economics, capital theory, John Maynard Keynes, economic theory