Can I read Introduction to Post-Keynesian Economics Volume 2849 || on EtoBox?

Introduction to Post-Keynesian Economics Volume 2849 || by Marc Lavoie (auth.) is a nonfiction available to read on EtoBox.

What is Introduction to Post-Keynesian Economics Volume 2849 || about?

The entire world has been facing the so-called subprime crisis ₆ a crisis that first hit banks and other financial institutions through changes 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 economics is founded on realistic assumptions and stylized facts, such as interest targeting by central banks or constant average variable costs in manufacturing and services. The author shows how these more realistic foundations give rise to macroeconomic implications that are entirely different from those of received 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 an

Who reads Introduction to Post-Keynesian Economics Volume 2849 ||?

Author

Marc Lavoie (auth.)

Publisher

Palgrave Macmillan UK

Published

2009

Language

EN

ISBN

9780230235489

Category

nonfiction

Subjects

Economics, Business