This text highlights the major empirical questions and issues facing Post Keynesian economics today. Featuring contributions by leading Post Keynesian economists, it focuses on public policy and real-life analysis of this vibrant and dynamic economic theory. In language that is accessible to upper-level undergraduate and graduate students, professional economists, and public policy makers, each of the chapters takes on a specific issue of concern to all professional economists, provides empirical analysis of the issue, and then discusses the Post Keynesian view on the topic and contrasts it with the orthodox perspective. The topics covered are grouped into three main categories: empirical studies of consumption; empirical studies of business investment; and empirical studies of international economic relations.

chapter 1|16 pages

Empirical Analysis and Post Keynesian Economics

ByRichard P.F. Holt and Steven Pressman

part |2 pages

Part I. Empirical Studies of Distribution, Inequality, and Consumption

chapter 2|23 pages

What Can Post Keynesian Economics Teach Us About Poverty?

BySteven Pressman

chapter 3|26 pages

Unemployment, Inequality, and the Policy of Europe: 1984–2000

ByJames K. Galbraith, Enrique Garcilazo

chapter 5|29 pages

An Analysis of Credit Card Debt Default

ByRobert H. Scott, III

part |2 pages

Part II. Empirical Studies of Business Investment

part |2 pages

Part III. Empirical Studies of International Economic Relations