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This is a major contribution to post-Keynesian thought. With studies of the key pioneers - Keynes himself, Kalecki, Kahn, Goodwin, Kaldor, Joan Robinson, Sraffa and Pasinetti - G. C. Harcourt emphasizes their positive contributions to theories of distribution, pricing, accumulation, endogenous money and growth. The propositions of earlier chapters are brought together in an integrated narrative and interpretation of the major episodes in advanced capitalist economics in the post-war period, leading to a discussion of the relevance of post-Keynesian ideas to both our understanding of economics and to policy-making. The appendices include biographical sketches of the pioneers and analysis of the conceptual core of their discontent with orthodox theories. Drawing on the author's experience of teaching and researching over fifty years, this book will appeal to undergraduate and graduate students interested in alternative approaches to theoretical, applied and policy issues in economics, as well as to teachers and researchers in economics.Read more
- A lively and accessible survey of the work of a distinguished non-mainstream economist
- Draws on the personal experiences of the author, who was taught by and then worked with most of the economists discussed
- Emphasizes the historical roots of the development of G. C. Harcourt's distinctive approach, as well as the intellectual biographies of the pioneers
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- Date Published: November 2006
- format: Hardback
- isbn: 9780521833875
- length: 216 pages
- dimensions: 229 x 152 x 16 mm
- weight: 0.49kg
- availability: Available
Table of Contents
1. Introduction: why post-Keynesian economics and who were its Cambridge pioneers?
2. Post-Keynesian macroeconomic theories of distribution
3. Post-Keynesian theories of the determination of the mark-up
4. Macroeconomic theories of accumulation
5. Money and finance: exogenous or endogenous?
6. The complete model: its role in an explanation of post-war inflationary episodes
7. Theories of growth: from Adam Smith to 'modern' endogenous growth theory
8. Applications to policy
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