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An introduction to post-Keynesian ec...

Lavoie, M.

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An introduction to post-Keynesian economics

Record Type:	Electronic resources : Monograph/item
Title/Author:	An introduction to post-Keynesian economics/ Marc Lavoie.
Author:	Lavoie, M.
Published:	Basingstoke :Palgrave Macmillan, : 2009.,
Description:	xiv, 164 p. :ill. ;22 cm.
Notes:	Previous ed.: 2006.
[NT 15003449]:	Introduction -- The Post-Keynesian Heterodoxy -- Heterodox Microeconomics -- A Macroeconomic Monetary Circuit -- The Short-Period: Effective Demand and the Labour Market -- The Long-Period: Oldand New Growth Models -- General Conclusion.
Subject:	Economics. -
Online resource:	http://link.springer.com/10.1057/9780230235489access to fulltext (Palgrave)
ISBN:	0230235484

An introduction to post-Keynesian economics
Lavoie, M.

An introduction to post-Keynesian economics[electronic resource] /Marc Lavoie. - Rev. ed. - Basingstoke :Palgrave Macmillan,2009. - xiv, 164 p. :ill. ;22 cm.

Previous ed.: 2006.

Includes bibliographical references and index.

Introduction -- The Post-Keynesian Heterodoxy -- Heterodox Microeconomics -- A Macroeconomic Monetary Circuit -- The Short-Period: Effective Demand and the Labour Market -- The Long-Period: Oldand New Growth Models -- General Conclusion.

The entire world has been facing the so-called subprime crisis b6 sa crisis that first hit banks and other financial institutions throughchanges in the real estate market, and later spread to the stock market and the real economy. The chapters in this revised volume help to understand the recent events that attributed to the financial crisis. The book also includes a new postface, which provides a thorough examination on how post-Keynesian theory relates to the subprime financial crisis.This book offers an accessible introduction to post-Keynesian economics, showing that there is an alternative to neoclassical economics and its free-market economic policies. Post-Keynesian economicsis founded on realistic assumptions and stylized facts, such as interest targetingby central banks or constant average variable costs in manufacturing and services. The author shows how these more realistic foundations giverise to macroeconomic implications that are entirely different from those ofreceived wisdom with regards to employment, output growth, inflation and monetary theory. For instance, the author demonstrates that higher minimum wages or real wages can increase both labour employment and the corporate profit rates, and that faster output growth need not lead to higher inflation.

Electronic reproduction.
Basingstoke, England :
Palgrave Macmillan,
2010.

Mode of access:World Wide Web.

ISBN: 0230235484

Standard No.: 10.1057/9780230235489doiSubjects--Topical Terms:

517137
Economics.
Index Terms--Genre/Form:

542853
Electronic books.

LC Class. No.: HB99.7 / .L353 2009

Dewey Class. No.: 330.156

An introduction to post-Keynesian economics
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245 1 3 $a An introduction to post-Keynesian economics $h [electronic resource] / $c Marc Lavoie.
250 $a Rev. ed.
260 $a Basingstoke : $c 2009. $b Palgrave Macmillan,
300 $a xiv, 164 p. : $b ill. ; $c 22 cm.
500 $a Previous ed.: 2006.
504 $a Includes bibliographical references and index.
505 0 $a Introduction -- The Post-Keynesian Heterodoxy -- Heterodox Microeconomics -- A Macroeconomic Monetary Circuit -- The Short-Period: Effective Demand and the Labour Market -- The Long-Period: Oldand New Growth Models -- General Conclusion.
520 $a The entire world has been facing the so-called subprime crisis b6 sa crisis that first hit banks and other financial institutions throughchanges in the real estate market, and later spread to the stock market and the real economy. The chapters in this revised volume help to understand the recent events that attributed to the financial crisis. The book also includes a new postface, which provides a thorough examination on how post-Keynesian theory relates to the subprime financial crisis.This book offers an accessible introduction to post-Keynesian economics, showing that there is an alternative to neoclassical economics and its free-market economic policies. Post-Keynesian economicsis founded on realistic assumptions and stylized facts, such as interest targetingby central banks or constant average variable costs in manufacturing and services. The author shows how these more realistic foundations giverise to macroeconomic implications that are entirely different from those ofreceived wisdom with regards to employment, output growth, inflation and monetary theory. For instance, the author demonstrates that higher minimum wages or real wages can increase both labour employment and the corporate profit rates, and that faster output growth need not lead to higher inflation.
533 $a Electronic reproduction. $b Basingstoke, England : $c Palgrave Macmillan, $d 2010. $n Mode of access:World Wide Web. $n System requirements: Web browser. $n Title from title screen (viewed on Apr. 12, 2010). $n Access may be restricted to users at subscribing institutions.
650 0 $a Economics. $3 517137
650 0 $a Keynesian economics. $3 649993
650 0 $a Macroeconomics. $3 648810
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856 4 0 $3 Palgrave Connect $u http://link.springer.com/10.1057/9780230235489 $z access to fulltext (Palgrave)