Microeconomics, Macroeconomics and Economic Policy: Essays in Honour of Malcolm Sawyer

✍ Scribed by Philip Arestis

• Publisher: Palgrave Macmillan
• Year: 2011
• Tongue: English
• Leaves: 321
• Category: Library

✦ Synopsis

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.

✦ Table of Contents

Cover......Page 1
Contents......Page 6
List of Tables......Page 8
List of Figures......Page 9
Notes on the Contributors......Page 10
Malcolm Sawyer: An Appreciation......Page 18
Part I: Microeconomics......Page 26
1 The Function of Firms: Alternative Views......Page 28
2 Industrial Structure and the Macro Economy......Page 45
3 Unemployment, Power Relations, and the Quality of Work......Page 63
4 The Problem of Young People Not in Employment, Education or Training: Is there a 'Neet' Solution?......Page 79
5 The Business of Macro Imbalances: Comparing 'Gluts' in Savings, Money and Profits......Page 97
Part II: Macroeconomics......Page 122
6 A Critical Appraisal of the New Consensus Macroeconomics......Page 124
7 Bringing Together the Horizontalist and the Structuralist Analyses of Endogenous Money......Page 141
8 Economic Growth and Income Distribution: Kalecki, the Kaleckians and Their Critics......Page 159
9 The Influence of Michał Kalecki on Joan Robinson's Approach to Economics......Page 178
10 Shared Ideas Amid Mutual Incomprehension: Kalecki and Cambridge......Page 195
Part III: Economic Policy......Page 214
11 Is There a Role for Active Fiscal Policies? Supply-Side and Demand-Side Effects of Fiscal Policies......Page 216
12 Fiscal Policy and Private Investment in Mexico......Page 233
13 A Keynes–Kalecki Model of Cyclical Growth with Agent-Based Features......Page 253
14 Unsurprising to Keynes, Shocking to Economists: The Normalisation of Capital Controls in the Global Financial Crisis......Page 276
15 Regulating Wall Street: Exploring the Political Economy of the Possible......Page 293
Index......Page 311