21st Century Keynesian Economics

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Format: Hardcover
Pub. Date: 2010-07-15
Publisher(s): Palgrave Macmillan
List Price: $149.99

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Summary

The International Papers in Political Economy (IPPE) series explores the latest developments in political economy. This sixth volume focuses on the theme of the need for and the development of Keynesian economic policies for the 21st century. The volume deals with financial systems and economic development and asks whether we are all Keynesians now. Keynesian growth theory in the 21st century along with economic policies thought to emerge from the theoretical framework that underpins it -- always a Keynesian one but adapted to the realities of the 21st century -- are also examined. Essays in this volume also explore the nature and consequences of financialisation as perceived by Keynesians, the conceptualisation of money and the implications for economic policy of the current financial crisis, and the role of banks and the case for public banks. This book offers detailed analysis and informed comment on the type of economic policies that are relevant for the 21st century in the aftermath of the financial crisis and global recession. It is essential reading for all postgraduates and scholars looking for expert discussion and debate of the issues surrounding economic policy issues.

Author Biography

PHILIP ARESTIS is University Director of Research, Cambridge Centre for Economics and Public Policy, Department of Land Economy, University of Cambridge, UK. He is also Professor at the Department of Applied Economics V, University of the Basque Country; Distinguished Adjunct Professor of Economics, University of Utah, US; Senior Scholar, Levy Economics Institute, New York, US; Visiting Professor, University of Leeds, UK; and Professorial Research Associate School of Oriental and African Studies (SOAS), University of London, UK. He has published as sole author or editor, as well as co-author and co-editor, a number of books and papers in academic journals. 

MALCOLM SAWYER is Professor of Economics, Leeds University Business School, University of Leeds, UK. He was until recently Pro-Dean for Learning and Teaching for the Faculty of Business, University of Leeds, UK. He is managing editor of International Review of Applied Economics, on the editorial board of a range of journals and editor of the series New Directions in Modern Economics. He has published widely in the areas of post Keynesian and Kaleckian economics, industrial economics and the UK and European economies. He has authored 11 books and edited 18, has published over 70 papers in refereed journals and contributed chapters over 100 books.

Table of Contents

Prefacep. vii
List of Figures and Tablesp. viii
Notes on the Contributorsp. x
Financial Systems and Economic Development in the 21st Century: Are We All Keynesians Yet?p. 1
Keynesian Growth Theory in the 21st Centuryp. 39
21st Century Keynesian Economic Policiesp. 81
A Keynesian Perspective on 'Financialisation'p. 120
Systemic Failure of Private Banking: A Case for Public Banksp. 162
Endogenous Money in 21st Century Keynesian Economicsp. 202
Indexp. 240
Table of Contents provided by Ingram. All Rights Reserved.

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