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  • Central Banking, Monetary Policy and Financial In/Stability

    Series series The Elgar Series on Central Banking and Monetary Policy
    This timely book answers the question of whether central banks should specifically target the stability of financial systems and if so, what kind of policies should be adopted to prevent or mitigate financial instability.Providing a critical perspective on both central banking and monetary policy, this book examines policies that are used and should be used to prevent instability in the future. ... Read more

    $35.99 USD

  • Conflict Inflation

    This book brings together distinguished scholars who analyze the recent resurgence of inflation from the point of view of conflict among social classes over the appropriate distribution of income.For the better part of the past four decades, inflation remained low and stable in most industrialized economies—certainly close to the various inflation targets. As a result, inflation did not pose much ... Read more

    $77.99 USD

  • Monetary Policy and Income Distribution

    This book brings together a number of well-known post-Keynesian scholars who discuss the impact of monetary policy on both personal and functional distribution of income and even the gendered effect of monetary policy.The impact of monetary policy (changes in interest rates) on income distribution is increasingly being recognized as a legitimate channel of monetary policy transmission. The study ... Read more

    $77.99 USD

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  • Progress and Confusion

    The State of Macroeconomic Policy

    Leading economists consider the shape of future economic policy: will it resume the pre-crisis consensus, or contend with the post-crisis “new normal”?What will economic policy look like once the global financial crisis is finally over? Will it resume the pre-crisis consensus, or will it be forced to contend with a post-crisis “new normal”? Have we made progress in addressing these issues, or does ... Read more

    $16.99 USD

  • Progress and Confusion

    The State of Macroeconomic Policy

    Leading economists consider the shape and future of economic policy: Will it resume the pre-crisis consensus or contend with the post-crisis “new normal”? Have we made progress with addressing the major issues or does confusion remain in today’s economic environment? Chapters address topics that range from the measurement of systemic risk to foreign exchange intervention. ... Read more

    $12.99 USD

  • Macroeconomics and Development

    Roberto Frenkel and the Economics of Latin America

    Series series Initiative for Policy Dialogue at Columbia: Challenges in Development and Globalization
    Latin American neo-structuralism is a cutting-edge, regionally focused economic theory with broad implications for macroeconomics and development economics. Roberto Frenkel has spent five decades developing the theory's core arguments and expanding their application throughout the discipline, revolutionizing our understanding of high inflation and hyperinflation, disinflation programs, and the ... Read more

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  • Central Bank Capitalism

    Monetary Policy in Times of Crisis

    Series series Currencies: New Thinking for Financial Times
    Today's global financial system bears little resemblance to what it was at the end of the twentieth century. Shadow banking—financial activity taking place outside existing regulatory frameworks—has grown so important that it now serves as the backbone of the entire system. The shadow banking system, however, is highly unstable and the main reason why the financial system has remained in crisis ... Read more

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  • The Financial Crisis

    Origins and Implications

    Edited by P. Arestis, R. Sobreira ...
    Series series Economics and Finance (R0)
    The 2008 financial crisis poses three fundamental questions for economists and policy makers; understanding the origins of the crisis, understanding the consequences of this crisis for the world economy, and finally understanding why the 2008 financial crisis is not as serious as the 1929 crisis. The prevailing view is that the 2008 financial crisis was solely the result of inadequate financial ... Read more

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  • Richer and More Equal

    A New History of Wealth in the West

    Once there were princes and peasants and very few between. The extremes of wealth and poverty are still with us, but that shouldn't blind us to the fact our societies have been utterly transformed for the better over the past century. As Daniel Waldenström makes clear in this authoritative account of wealth accumulation and inequality in the modern west, we are today both significantly richer and ... Read more

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  • Contemporary Issues in Macroeconomics

    Lessons from The Crisis and Beyond

    Edited by Joseph E. Stiglitz ...
    Series series Economics and Finance (R0)
    In this edited collection, Joseph Stiglitz and Martin Guzman present a series of studies on contemporary macroeconomic issues. The book discusses a set of key lessons for macroeconomic theory following the recent global financial crisis and explores unconventional monetary policy in a post-crisis world.This volume is divided into five parts. The introduction includes keynote speeches by the ... Read more

    $89.09 USD

  • Capitalism

    Competition, Conflict, Crises

    by Anwar Shaikh ...
    Orthodox economics operates within a hypothesized world of perfect competition in which perfect consumers and firms act to bring about supposedly optimal outcomes. The discrepancies between this model and the reality it claims to address are then attributed to particular imperfections in reality itself. Most heterodox economists seize on this fact and insist that the world is characterized by ... Read more

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  • The Economics of Rising Inequalities

    This book is an in-depth discussion of rising inequalities in the western world. It explores the extent to which rising inequalities are the mechanical consequence of changes in economic fundamentals (such as changes in technological or demographic parameters), and to what extent they are the contingent consequences of country-specific and time-specific changes in institutions. Both the ... Read more

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