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  • Introduction to Post-Keynesian Economicsby Professor Marc Lavoie

    Palgrave Macmillan 2007; US$ 120.00

    This book shows how the realistic foundations and stylized facts of Post-Keynesian economics give rise to macroeconomic implications that are different from those of received wisdom with regards to employment, output growth, inflation and monetary theory, and offers an alternative to neoclassical economics and its free-market economic policies. more...

  • Introduction to Post-Keynesian Economicsby Professor Marc Lavoie

    Palgrave Macmillan 2009; US$ 31.00

    This book offers an accessible introduction to post-Keynesian economics, showing that there is an alternative to neoclassical economics and its free-market economic policies. Post-Keynesian economics is founded on realistic assumptions, such as interest targeting by central banks or constant average variable costs in manufacturing and services more...

  • Monetary Economicsby Professor Wynne Godley; Professor Marc Lavoie

    Palgrave Macmillan 2006; US$ 170.00

    This book challenges the mainstream paradigm, based on the inter-temporal optimisation of welfare by individual agents. It introduces a methodology for studying how it is institutions which create flows of income, expenditure and production together with stocks of assets and liabilities, thereby determining how whole economies evolve through time. more...

  • The Stock-Flow Consistent Approachby Professor Marc Lavoie; Professor Gennaro Zezza

    Palgrave Macmillan 2011; US$ 115.00

    Selected essays from the eminent economist, Wynne Godley, tracing the development of his work and illuminating the key theories and models that made his name. Essays focus not only on the stock-flow coherent approach, but also lay out Godley's views about the European Union and the stability of its monetary policy. more...

  • In Defense of Post-Keynesian and Heterodox Economicsby Frederic S. Lee; Marc Lavoie

    Taylor and Francis 2012; US$ 54.95

    Post-Keynesian and heterodox economics challenge the mainstream economics theories that dominate the teaching at universities and government economic policies. And it was these latter theories that helped to cause the great depression the United States and the rest of the world is in. However, most economists and the top 1% do not want mainstream... more...

  • Wage-led Growthby Marc Lavoie; Engelbert Stockhammer

    International Labour Office 2013; US$ 90.00

    This book examines the causes and consequences associated with the falling wage share and rising inequality in income distribution, relating to both aggregate demand and labour productivity. It presents new empirical and econometric evidence regarding the economic causes and potential impact of changing income distribution. The volume argues that distributional... more...

  • Wage-Led Growthby Marc Lavoie; Engelbert Stockhammer

    Palgrave Macmillan 2013; US$ 110.00

    This volume seeks to go beyond the microeconomic view of wages as a cost having negative consequences on a given firm, to consider the positive macroeconomic dynamics associated with wages as a major component of aggregate demand. more...

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