Heterodox Macroeconomics: Keynes, Marx and globalization

Heterodox Macroeconomics offers a detailed understanding of the foundations of the recent global financial crisis. The chapters, from a selection of leading academics in the field of heterodox macroeconomics, carry out a synthesis of heterodox ideas that place financial instability, macroeconomic crisis, rising global inequality and a grasp of the perverse and pernicious qualities of global and domestic macroeconomic policy making since 1980 into a coherent perspective. It familiarizes the reader with the emerging unified theory of heterodox macroeconomics and its applications.

The book is divided into four key sections: I) Heterodox Macroeconomics and the Keynes-Marx synthesis; II) Accumulation, Crisis and Instability; III) The Macrodynamics of the Neoliberal Regime; and IV) Heterodox Macroeconomic Policy. The essays include theoretical, international, historical, and country perspectives on financial fragility and macroeconomic instability.

Author: Jonathan P. Goldstein
Publisher: Routledge
Published: 03/15/2011
Pages: 304
Binding Type: Paperback
Weight: 0.94lbs
Size: 9.21h x 6.14w x 0.64d
ISBN: 9780415665971

About the Author

Jonathan P. Goldstein is a professor of Economics at Bowdoin College. Michael Hillard is a professor of Economics at University of Southern Maine.