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Edited by L. Randall Wray, Senior Scholar and Professor of Economics, Levy Economics Institute, Bard College, US and Mathew Forstater, Associate Professor of Economics and Director, Center for Full Employment and Price Stability, University of Missouri, Kansas City, US<i>'. . . this book usefully presents topical issues in the field of post Keynesian economics. . . this collection deserves praise for exposing readers to the tradition of economic thought built on the work of Keynes and the Cambridge tradition.'</i>
- Matthias Greiff, Review of Political Economy,
The contributors explore a variety of prevailing issues including: wage bargaining and monetary policy in the EMU; the meaning of money in the internet age; stability conditions for small open economies; and economic policies of sustainable development in countries transitioning to a market economy. Other enduring matters are examined through the lens of economic theorists - Kaleckian dynamics and evolutionary life cycles; a comparison between Keynes's and Hayek's economic theories; and an analysis of the power of the firm based on the work of Joan Robinson, to name a few.
Students and scholars of post Keynesian economics and those with an interest in other heterodox schools of thought will find this enlightening volume a valuable addition to their reading.