Empirical Post Keynesian Economics: Looking at the Real World - Hardcover

Holt, Richard P F; Pressman, Steven

Hardcover

ISBN 10: 076561328X ISBN 13: 9780765613288

Publisher: Routledge, 2006

Synopsis

This text highlights the major empirical questions and issues facing Post Keynesian economics today. Featuring contributions by leading Post Keynesian economists, it focuses on public policy and real-life analysis of this vibrant and dynamic economic theory. In language that is accessible to upper-level undergraduate and graduate students, professional economists, and public policy makers, each of the chapters takes on a specific issue of concern to all professional economists, provides empirical analysis of the issue, and then discusses the Post Keynesian view on the topic and contrasts it with the orthodox perspective. The topics covered are grouped into three main categories: empirical studies of consumption; empirical studies of business investment; and empirical studies of international economic relations.

About this title

Review:

"This exciting collection of essays is an impressive beginning to the realization of Alfred Eichner's vision of completing the Post Keynesian paradigm by mounting a research program to provide empirical support for its theoretical conclusions and policy recommendations. Unlike the empiricism of the neoclassical mainstream, which considers prediction as the sine qua non of scientific methodology, Post Keynesian empiricism is concerned with explaining and validating critical economic relationships as a basis for public policy. In furthering the 'third stage' of the Post Keynesian paradigm, the essays in this collection will enable heterodox economic thinkers of all persuasions to introduce new leading edge research into the classroom." - Ingrid H. Rima, Temple University"

About this edition

• Publisher: Routledge
• Publication date: 2006
• ISBN 10: 076561328X
• ISBN 13: 9780765613288
• Binding: Hardcover
• Edition number: 1
• Number of pages: 352