Post-Keynesian Essays from Down Under Volume II: Essays on Policy and Applied Economics [electronic resource] : Theory and Policy in an Historical Context /
Halevi, Joseph.author.
Harcourt, G. C.author.
Kriesler, Peter.author.
Nevile, J. W.author.
Joseph Halevi, G. C. Harcourt, Peter Kriesler and J. W. Nevile bring together a collection of their most influential papers on post-Keynesian thought. Their work stresses the importance of the underlying institutional framework, of the economy as a historical process and, therefore, of path determinacy. In addition, their essays suggest the ultimate goal of economics is as a tool to inform policy and make the world a better place, with better being defined by an overriding concern with social justice. Volume II assess application and policies.
Part I: Policy -- 1. Tools of Choice for Fighting Recessions -- 2. Macroeconomic Impacts of Globalization -- 3. Exchange Rates and the Macroeconomy in an Era of Global Financial Crises, with Special Reference to Australia -- 4. A Critique of the New Consensus View of Monetary Policy -- 5. The Current Financial Crisis: Causes and Policy -- 6. The Current Crisis Has a Silver Lining -- 7. The ABC of G and T -- 8. The Systemic Downside of Flexible Labour Market Regimes: Salter Revisited -- 9. Political Aspects of "Buffer Stock" Employment -- 10. How Voluntary Is Unemployment? Two Views of the Phillips Curve -- Part II: Australia -- 11. A Simple Econometric Model of the Australian Economy -- 12. Can Keynesian Policies Stimulate Growth in Output and Employment? -- 13. Australian Economic Growth: A Structural Perspective (A Preliminary Report) --
14. Corporatism in Australia -- 15. Structural Change and Economic Growth -- 16. Why Keynesian Policy was More Successful in the Fifties and Sixties than in the Last Twenty Years -- 17. The Share of Wages in Income in Australia -- 18. Inflation in Australia: Causes and Cures -- 19. The Effects of Immigration on Unemployment -- 20. The Effects of the Immigration of Low-skilled Workers on Unemployment -- 21. Why Privatize Airports? -- Part III: World Economy -- 22. Asia, Japan and the Internationalization of Effective Demand -- 23. History, Politics and Effective Demand in Asia -- 24. Stagnation and Economic Conflict in Europe -- 25. The Changing Patterns of Accumulation and Realization in East Asia since the 1990s -- 26. The Accumulation Process in Japan and East Asia as Compared with the Role of Germany in European Post-war Growth -- 27. The EMS and the Bundesbank in Europe -- 28. The Argentine Crisis -- 29. Imperialism Today.
Includes bibliographical references and index.
Joseph Halevi, G. C. Harcourt, Peter Kriesler and J. W. Nevile bring together a collection of their most influential papers on post-Keynesian thought. Their work stresses the importance of the underlying institutional framework, of the economy as a historical process and, therefore, of path determinacy. In addition, their essays suggest the ultimate goal of economics is as a tool to inform policy and make the world a better place, with better being defined by an overriding concern with social justice. Volume II assess application and policies.
Economic theory.
Economic policy.
Macroeconomics.
Political economy.
Economic Theory/Quantitative Economics/Mathematical Methods.
Economic Policy.
Macroeconomics/Monetary Economics//Financial Economics.
International Political Economy.