1st Edition

Evolutionary Financial Macroeconomics

By Giorgos Argitis Copyright 2020
150 Pages
by Routledge

150 Pages
by Routledge

150 Pages
by Routledge

Thorstein Veblen and Hyman Minsky are seminal thinkers who place great importance on the interaction between processes that link finance and financial markets with economic and social evolution. This book makes a contribution to the recontextualisation of the habitual, non-evolutionary and laissez-faire macroeconomic theory and policy, thus exposing the relevant contribution of the macro-theories... Read more

Preface. Introduction 1. Veblen’s Cultural Macroeconomics 2. The pragmatic basis of Veblen’s approach to economic policy 3. Unsustainable asset and liability structures, market processes and Minsky’s macroeconomics 4. Minsky’s institutional stabilisers and endogenous capitalist instability 5. Cultural financial foundations for evolutionary macroeconomics Epilogue

Biography

Giorgos Argitis, Professor of Macroeconomics, Department of Economics, National and Kapodistrian University of Athens, Greece.