1st Edition

Macroeconomics After the Financial Crisis A Post-Keynesian perspective

Edited By Mogens Ove Madsen, Finn Olesen Copyright 2016
204 Pages
by Routledge

216 Pages
by Routledge

216 Pages
by Routledge

How should Europe cope with the negative and still unfolding economic consequences of the current economic crisis? And why does Europe seem to be more conservative than the USA in dealing with the crisis? Since the outbreak of the current international economic crisis in 2008, the USA and many of the European countries have been tormented by high levels of unemployment and low levels of... Read more

1. The Great Recession – an introductory view Mogens Ove Madsen & Finn Olesen 2. Keynes "in the 21st Century" – Tradition, circumstance, fad and pretense in the wake of the Great Crisis James Galbraith 3. Public debt, secular stagnation and functional finance Peter Skott 4. Neoliberal economic policy, growth models and the crisis in the Euro area Engelbert Stockhammer 5. Corporatism and Capital Accumulation: The Fate of the Nordic Model Jonathan Perraton 6. Structural budget deficits: Getting causality right Jesper Jespersen 7. The Making of a Revolution – How important are economic crises? Finn Olesen 8. The need for macro foundations for microeconomic theory Claude Gnos 9. Microfoundations – on the use and misuse of theories and models in economics Lars Pålsson Syll 10. Böhm-Bawerk meets Keynes – what does determine the interest rate, and can it become negative? Ulrich van Suntum & Tom Neugebauer 11. The Socio-Economic Philosophy of Keynes: Lessons for the 21st Century Eric Berr 12. Towards a Theoretical Foundation of Animal Spirits: Probability, Uncertainty and Intentionality Joachim Güntzel 13. Two Generations of Path Dependence in Economics? Mogens Ove Madsen

Biography

Mogens Ove Madsen is Associate Professor at the Department of Business and Management, Aalborg University, Denmark

Finn Olesen is Professor at the Department of Business and Management, Aalborg University, Denmark