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Toshiaki Hirai is Professor of Economics, Sophia University, Tokyo.
Maria Cristina Marcuzzo is Professor, Department of Statistical Sciences, Sapienza University of Rome.
Perry Mehrling is Professor of Economics, Barnard College, Columbia University, New York.
Table of Contents
List of Tables and Figures Preface Introduction List of Abbreviations I. Effective Demand in the Crisis 1. Re-embracing Keynes: Scholars, Admirers, and Sceptics in the Aftermath of the Crisis 2. The Dog Called Investment 3. Keynes, Kalecki, and the Real World II. Economic Theory and the World Recession 4. The State of Macroeconomics in View of Global Financial Crisis 5. Keynes and Capitalism: The Case of Japan 6. Keynes and the Case for Europe III. Money and International Liquidity 7. Was Keynes' Monetary Policy a Outrance in the Treatise, the Model for ZIRP and QE? 8. Liquidity Preference of Banks and Crises 9. Why Not Bancor? Keynes's Currency Plan as a Solution to Global Imbalances 10. In a Keynesian Mood? Why Exchange Rate Systems Collapse IV. Finance and International Economic Disorder 11. Uncertainty and Speculation in the Keynesian Tradition: Relevance in Commodity Futures 12. Financial Keynesianism and Market Instability 13. Financial Globalization and the Future of the Fed 14. Some Foreseeable Disasters of the Global Economy: The High Cost of Neglecting Keynes's Approach