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Philip Arestis

Microeconomics, Macroeconomics and Economic Policy


Essays in Honour of Malcolm Sawyer
1st ed. 2011. 2011. xxiv, 296 S. 235 mm
Verlag/Jahr: SPRINGER PALGRAVE MACMILLAN; PALGRAVE MACMILLAN UK 2011
ISBN: 1-349-33137-6 (1349331376)
Neue ISBN: 978-1-349-33137-6 (9781349331376)

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Microeconomics, Macroeconomics and Economic Policy are at the core of research and study in economics. The essays in this volume have been specifically commissioned and brought together to celebrate the work of Malcolm Sawyer, who has made substantial contributions in these areas.
Introduction: Malcolm Sawyer: An Appreciation; P.Arestis PART I: MICROECONOMICS The Function of Firms: Alternative Views; N.Shapiro Industrial Structure and the Macro-economy; K.Cowling & P.Tomlinson Unemployment, Power Relations, and the Quality of Work; D.Spencer The Problem of Young People Not in Employment, Education or Training: Is there a NEET Solution?; J.McCombie & M.Pike The Business of Macro Imbalances: Comparing ´Gluts´ in Savings, Money and Profits; W.Milberg & L.Schmitz PART II: MACROECONOMICS A Critical Appraisal of the New Consensus Macroeconomics; P.Arestis Bringing Together the Horizontalist and the Structuralist Analyses of Endogenous Money; G.Fontana Economic Growth and Income Distribution: Kalecki, the Kaleckians and their Critics; A.Krishna Dutt The Influence of Kalecki on Joan Robinson´s Approach to Economics; G.Harcourt & P.Kriesler Shared Ideas Amid Mutual Incomprehension: Kalecki and Cambridge; J.Toporowski PART III: ECONOMIC POLICY Is There a Role for Active Fiscal Policies? Supply-side and Demand-side Effects of Fiscal Policies; J.Ferreiro, T.Garcia del Valle, C.Gomez & F.Serrano Fiscal Policy and Private Investment in Mexico; E.Caballero & J.López A Keynes-Kalecki Model of Cyclical Growth with Agent-Based Features; M.Setterfield & A.Budd Unsurprising to Keynes, Shocking to Economists: The Normalization of Capital Controls in the Global Financial Crisis; I.Grabel Regulating Wall Street: Exploring the Political Economy of the Possible; G.Epstein & R.Pollin