ABSTRACT
This volume covers the theoretical method, macroeconomics, microeconomics, international trade and finance, development, and policy of economic theory. It incorporates various alternative approaches as well as a broad spectrum of policy issues.
TABLE OF CONTENTS
section I|45 pages
Conceptual Approaches to Political Economy
section II|36 pages
Capitalism's Dynamic Path
section III|44 pages
How We Live
chapter 12|9 pages
The “Reserve Army of Labor” and the “Natural Rate of Unemployment”
Can Marx, Kalecki, Friedman, and Wall Street All Be Wrong?
section IV|38 pages
Examining Money
chapter 17|10 pages
The Role of Credit and Commercial Banks in the Creation of Money
A Post-Keynesian Interpretation in the Circuitist Tradition
section V|70 pages
The Global Political Economy
chapter 24|7 pages
Capitalism and Industrialization in the Third World
Recognizing the Costs and Imagining Alternatives
chapter 27|11 pages
The Roots of the Asian Financial Crisis
A Story of Export-Led Growth and Liberalized Capital Flows
section VI|86 pages
Exploring Policy Questions
