1st Edition

Money and Macrodynamics Alfred Eichner and Post-Keynesian Economics

    216 Pages
    by Routledge

    216 Pages
    by Routledge

    Alfred Eichner's pioneering contributions to post-Keynesian econmics offered significant insights on the way modern economies and institutions actually work. Published in 1987, his "Macrodynamics of Advanced Market Economies" contains rich chapters on dynamics and growth, investment, finance and income distribution, a timely chapter on the State and fiscal policy, and two analytical chapters on endogenous money that are years ahead of their time. Featuring chapters by many of Eichner's disciples, this book celebrates his rich contributions to post-Keynesian economics, and demonstrates that his work is in many ways as valid today as it was over two decades ago.

    Part I The Link Between Micro and Macro; Chapter 1 Was Alfred Eichner a System Dynamicist?, Michael J. Radzicki; Chapter 2 Alfred Eichner’s Missing “Complete Model”, Frederic S. Lee; Chapter 3 Macro Effects of Investment Decisions, Debt Management, and the Corporate Levy, Elettra Agliardi; Chapter 4 Pricing and Financing of Investment, Mario Seccareccia; Part II Competition and the Globalized World; Chapter 5 The Macroeconomics of Competition, Malcolm Sawyer, Nina Shapiro; Chapter 6 The Megacorp in a Global Economy, Matthew Fung; Chapter 7 Pricing and Profits Under Globalized Production, William Milberg; Part III Credit, Money, and Central Banking; Chapter 8 Eichner's Theory of Endogenous Credit-Money, Robert P. Guttmann; Chapter 9 Eichner’s Monetary Economics, Marc Lavoie; Chapter 10 Alfred Eichner, Post-Keynesians, and Money’s Endogeneity, Louis-Philippe Rochon;

    Biography

    Lavoie, Marc; Rochon, Louis-Philippe; Seccareccia, Mario