Heterodox Macroeconomics : Keynes, Marx and Globalization.
Jonathan P. Goldstein
Bok Engelsk 2009 · Electronic books.
| Omfang | 1 online resource (301 pages)
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| Utgave | 1st ed.
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| Opplysninger | Book Cover -- Title -- Copyright -- Contents -- Illustrations -- Contributors -- Preface -- Acknowledgments -- Part I Heterodox macroeconomics and the Keynes-Marx synthesis -- 1 Introduction: A second-generation synthesis of heterodox macroeconomic principles -- 2 The central core of heterodox macroeconomics -- 3 An introduction to a unified heterodox macroeconomic theory -- 4 Methodology and heterodox economics -- 5 Does heterodox economics need a unified crisis theory?: From profit-squeeze to the global liquidity meltdown -- 6 The current crisis in macroeconomic theory -- Part II Accumulation, crisis and instability -- 7 Modern business behavior: The theory of the active firm -- 8 A Keynes-Marx theory of investment -- 9 Did financialization increase macroeconomic fragility?: An analysis of the US nonfinancial corporate sector -- 10 Marx, Minsky and Crotty on crises in capitalism -- 11 Labor demand under strategic competition and the cyclical profit squeeze -- Part III The macrodynamics of the neoliberal regime -- 12 Cyclical labor shares under Keynesian and neoliberal regimes -- 13 Economic crises and institutional structures -- 14 Historically contingent, institutionally specific: Class struggles and American employer exceptionalism in the age of neoliberal globalization -- 15 Unequal exchange reconsidered in our age of globalization -- 16 From capital controls and miraculous growth to financial globalization and the financial crisis in Korea -- Part IV Heterodox macroeoconomic policy -- 17 Keynes' bourgeois socialism -- 18 The case of capital controls revisited -- 19 Neo-liberal finance and third world (mal)development -- Part V Conclusion -- 20 Heterodox macroeconomics and the current global financial crisis -- Index.. - Heterodox Macroeconomics offers a detailed understanding of the foundations of the recent global financial crisis. The chapters, from a selection of leading academics in the field of heterodox macroeconomics, carry out a synthesis of heterodox ideas that place financial instability, macroeconomic crisis, rising global inequality and a grasp of the perverse and pernicious qualities of global and domestic macroeconomic policy making since 1980 into a coherent perspective. It familiarizes the reader with the emerging unified theory of heterodox macroeconomics and its applications. The book is divided into four key sections: I) Heterodox Macroeconomics and the Keynes-Marx synthesis; II) Accumulation, Crisis and Instability; III) The Macrodynamics of the Neoliberal Regime; and IV) Heterodox Macroeconomic Policy. The essays include theoretical, international, historical, and country perspectives on financial fragility and macroeconomic instability.
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| ISBN | 9780203876701
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