ABSTRACT
The New Keynesian Economics has been the most significant development in economics in recent years. Does it actually build upon Keynes' work? In this volume, leading post Keynesian economists challenge New Keynesianism both on the grounds that it is not Keynesian, and does not provide an adequate account of our current economic problems.
TABLE OF CONTENTS
part I|87 pages
Prices, Outputs and Markets
part II|97 pages
The Labour Market
part III|72 pages
Money, Credit Rationing and Asymmetric Information
chapter 13|14 pages
Post and New Keynesians
The role of asymmetric information and uncertainty in the construction of financial institutions and policy
part iv|49 pages
New Walrasian and Strong New Keynesian Macroeconomics
part v|45 pages
Public Policy
