Money & Macrodynamics: AlFred Eichner Post-Keynan, 1st Edition

  • Published By:
  • ISBN-10: 0765626160
  • ISBN-13: 9780765626165
  • DDC: 339.5
  • Grade Level Range: College Freshman - College Senior
  • 216 Pages | eBook
  • Original Copyright 2009 | Published/Released March 2011
  • This publication's content originally published in print form: 2009

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Alfred Eichner's pioneering contributions to post Keynesian econmics offered significant insights on the way modern economies and institutions actually work. Published in 1987, his Macrodynamics of Advanced Market Economies contains rich chapters on dynamics and growth, investment, finance and income distribution, a timely chapter on the State and fiscal policy, and two analytical chapters on endogenous money that are years ahead of their time. Featuring chapters by many of Eichner's disciples, this book celebrates his rich contributions to post Keynesian economics, and demonstrates that his work is in many ways as valid today as it was over two decades ago.

Table of Contents

Front Cover.
Half Title Page.
Title Page.
Copyright Page.
Introduction: Alfred Eichner and the State of Post-Keynesian Economics.
1: The Link Between Micro and Macro.
2: Was Alfred Eichner a System Dynamicist?.
3: Alfred Eichner's Missing “Complete Model”: A Heterodox Micro-Macro Model of a Monetary Production Economy.
4: Macro Effects of Investment Decisions, Debt Management, and the Corporate Levy.
5: Pricing and Financing of Investment: Is There a Macroeconomic Basis for Eichnerian Microeconomic Analysis?.
6: Competition and the Globalized World.
7: The Macroeconomics of Competition: Stability and Growth Questions.
8: The Megacorp in a Global Economy.
9: Pricing and Profits Under Globalized Production: A Post-Keynesian Perspective on U.S. Economic Hegemony.
10: Credit, Money, and Central Banking.
11: Eichner's Theory of Endogenous Credit-Money.
12: Eichner's Monetary Economics: Ahead of Its Time.
13: Alfred Eichner, Post-Keynesians, and Money's Endogeneity: Filling in the Horizontalist Black Box.
About the Editors and Contributors.