A Modern Guide to Post-Keynesian Institutional Economics

Download or read book A Modern Guide to Post-Keynesian Institutional Economics written by Whalen, Charles J. and published by Edward Elgar Publishing. This book was released on 2022-04-19 with total page 424 pages. Available in PDF, EPUB and Kindle. Book excerpt: This Modern Guide advances Post-Keynesian Institutional economics, an integrative tradition—inspired by keen economic observers such as John Kenneth Galbraith, Joan Robinson, and Hyman Minsky—that bridges Institutional and Post Keynesian economics. The tradition proved its worth by addressing the global financial crisis of 2007–2009, as well as by analyzing long-term trends accompanying the evolution of investor-driven (“money manager”) capitalism, including financialization, spreading worker insecurity, and rising inequality. The book begins with the history and contours of Post-Keynesian Institutionalism, and then breaks new ground, extending recent analyses of contemporary economic problems, sharpening concepts and methods, sketching new theories, and synthesizing ideas across research traditions.