This thoroughly revised and updated second edition provides a comprehensive guide to Post Keynesian methodology, theory and policy prescriptions. The Companion reflects the challenges posed by the global financial crisis that began in 2008 and by the consolidation of the New Neoclassical Synthesis in macroeconomic theory. There are 43 entirely new entries, marking the emergence of a new generation of Post Keynesian scholars. The central issues that were dealt with in the first edition remain at the core of the book, but much more attention is paid in this second edition to financial markets, to Post Keynesian economics outside its traditional Anglo-American heartland and to gender issues and environmental policy. Including major theoretical, methodological and policy issues in Post Keynesian economics, this enriching Companion will strongly appeal to postgraduate and advanced undergraduate students in economics as well as related social science disciplines including international political economy, international relations, politics, public policy and sociology
Contents: Introduction Agency Edward J. McKenna and Diane C. Zannoni Australia J.E. King Austrian School of Economics Stephen D. Parsons Babylonian Mode of Thought Sheila C. Dow Balance-of-payments-constrained Economic Growth J.S.L. McCombie Banking Gillian Hewitson Bastard Keynesianism John Lodewijks Behavioural Economics Therese Jefferson and J.E. King Brazil Luiz Fernando de Paula and Fernando Ferrari-Filho Bretton Woods Matias Vernengo Budget Deficits Joelle Leclaire Business Cycles Peter Skott Cambridge Economic Tradition G.C. Harcourt Capital Theory Ben Fine Central Banks Fernando J. Cardim de Carvalho Chartalism Sergio Rossi Choice under Uncertainty Victoria Chick and Sheila Dow Circuit Theory Riccardo Realfonzo Competition Nina Shapiro Consumer Debt Robert Scott III Consumer Theory Marc Lavoie Consumption David Bunting Conventions David Dequech Credit Rationing Martin H. Wolfson Critical Realism Andrew Brown Development Finance Rogerio Studart Econometrics Paul Downward Economic Development Stephanie Blankenburg and Gabriel Palma Economic Policy Malcolm Sawyer Effective Demand Mark Setterfield Efficient Markets Hypothesis Mark Hayes Employer of Last Resort Pavlina Tcherneva Employment Engelbert Stockhammer Environmental Economics Adrian Winnett Environmental Policy Neil Perry Equilibrium and Non-equilibrium Donald W. Katzner Exchange Rates John T. Harvey Expectations Eric Tymoigne Export-led Growth Arslan Razmi Financial Instability Hypothesis Louis-Philippe Rochon Financial Markets Jorg Bibow Financial Reform Aldo Barba Financialization Till Van Treeck Fiscal Policy J.W. Nevile Full Employment Bill Mitchell and Martin Watts Fundamentalist Keynesians Bill Gerrard Galbraith's Economics Stephen P. Dunn Gender Colin Danby Germany and Austria Torsten Niechoj Global Financial Crisis Stephanie Blankenburg Growth and Income Distribution Carlo Panico Growth Theory Steve Keen Households Zdravka Todorova Income Distribution Thomas I. Palley Inflation John Smithin Innovation Jerry Courvisanos Institutionalism Steven Pressman International Economics Robert A. Blecker International Financial Reform Leanne Ussher Investment Tracy Mott Italy Andrea Pacella and Guido Tortorella Esposito Japan Toichiro Asada Joan Robinson's Economics Maria Cristina Marcuzzo Journal of Post Keynesian Economics Phillip Anthony O'Hara Kaldorian Economics A.P. Thirlwall Kaleckian Economics Jan Toporowski Keynes's General Theory Paul Davidson Keynes's Treatise on Money Giuseppe Fontana Keynes's Treatise on Probability Rod O'Donnell Latin American Structuralism Gerardo Fujii Liquidity Preference Stephanie Kelton (nee Bell) Macroeconomic Methodology Jesper Jespersen Marginalism Harry Bloch Market Governance Tuna Baskoy Microfoundations Steven Fazzari Monetary Policy Peter Howells Money L. Randall Wray Money Manager Capitalism Yeva Nersisyan Multiplier Andrew B. Trigg New Classical Economics Alessandro Vercelli New Keynesian Economics Wendy Cornwall New Neoclassical Synthesis Sebastian Dullien Non-ergodicity Stephen P. Dunn Open Systems Andrew Mearman Pluralism in Economics Rob Garnett Prices and Pricing Gyun Gu and Frederic S. Lee Price Rigidity Jordan Melmies Production Amitava Krishna Dutt Profits Elizabeth Webster Rate of Interest Massimo Pivetti Regional Monetary Policy Carlos Fuentes Saving Robert Pollin Say's Law Claudio Sardoni Socialism Howard J. Sherman Sraffian Economics Gary Mongiovi Stagflation Mark Setterfield and John Cornwall (A ) Stock-Flow Consistent Modeling Tarik Mouakil Sustainable Development Jerry Courvisanos Technology
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