Post Keynesian theory and policy : a realistic analysis of the market oriented capitalist economy / Paul Davidson, Holly Chair of Excellence Emeritus, University of Tennessee, USA and Founding Editor of the Journal of Post Keynesian Economics.

By:

Davidson, Paul, 1930- [author.]

Series: New directions in post-Keynesian economicsPublisher: Cheltenham, UK : Edward Elgar Publishing, [2015]Description: v, 154 pages ; 23 cmContent type:

text

Media type:

unmediated

Carrier type:

volume

ISBN:

9781784718268
1784718246

Other title:

Realistic analysis of the market oriented capitalist economy

Subject(s):

Genre/Form:

History.

DDC classification:

330.156 DAV 23

LOC classification:

HB99.7 .D395 2015

Contents:

Contents: 1. Did Anyone Notice the Global Financial Crisis of 2007-2008? 2. Alternative Theories of the Operation of a Capitalist Economy 3. Unemployment and the Classical Theory’s Axioms 4. Keynes–Post Keynesian Theory: Money and Money Contracts 5. Why Traditional Mainstream Keynesian Theory is not Keynes’s Theory 6. Creating Full Employment Policies 7. Inflation Policy 8. Securitization Liquidity and Market Failure 9. Globalization, International Trade and International Payments 10. Is International Free Trade Always Beneficial? 11. Policies to Assure a Civilized Capitalist Economic System Index

Summary: How did economic "experts" worldwide fail to predict the financial crisis of 2007-2008? Eminent economist Paul Davidson discusses how mainstream economic theory may not be applicable to the world of experience. Post Keynesian theory is designed to be applicable to the real world, and this book demonstrates how applying it to policy formulation could help practically resolve economic problems. Davidson goes on to demonstrate how many Post Keynesian economists warned of the impending financial crisis as early as 2002.-- Provided by publisher.

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Holdings
Item type	Current library	Shelving location	Call number	Status	Date due	Barcode
BOOKs	National Law School	MPP Section	330.156 DAV (Browse shelf(Opens below))	Available		35879

Includes bibliographical references and index.

Contents:
1. Did Anyone Notice the Global Financial Crisis of 2007-2008?
2. Alternative Theories of the Operation of a Capitalist Economy
3. Unemployment and the Classical Theory’s Axioms
4. Keynes–Post Keynesian Theory: Money and Money Contracts
5. Why Traditional Mainstream Keynesian Theory is not Keynes’s Theory
6. Creating Full Employment Policies
7. Inflation Policy
8. Securitization Liquidity and Market Failure
9. Globalization, International Trade and International Payments
10. Is International Free Trade Always Beneficial?
11. Policies to Assure a Civilized Capitalist Economic System
Index

How did economic "experts" worldwide fail to predict the financial crisis of 2007-2008? Eminent economist Paul Davidson discusses how mainstream economic theory may not be applicable to the world of experience. Post Keynesian theory is designed to be applicable to the real world, and this book demonstrates how applying it to policy formulation could help practically resolve economic problems. Davidson goes on to demonstrate how many Post Keynesian economists warned of the impending financial crisis as early as 2002.-- Provided by publisher.

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