New Economics as Mainstream Economics

by Arestis, Philip; Sawyer, Malcolm

• ISBN13: 9780230298774
• ISBN10: 023029877X
• Edition: 1st
• Format: Hardcover
• Copyright: 2011-07-15
• Publisher: Palgrave Macmillan

Summary

This volume deals with both a new theoretical framework and the application of new economics in a number of issues that test the capability of new economics to tackle a number of economic problems. It offers detailed analysis and informed comment on the type of new economics in the aftermath of the financial crisis and the '"great recession."

Author Biography

Philip Arestis is Honorary Senior Departmental Fellow, Cambridge Centre for Economics and Public Policy, Department of Land Economy, University of Cambridge, UK; Professor of Economics, Department of Applied Economics V. University of the Basque Country, Spain; Distinguished Adjunct Professor of Economics, Department of Economics, University of Utah, US; Senior Scholar, Levy Economics Institute, New York, US; Visiting Professor, Leeds University Business School, University of Leeds, UK; Professorial Research Associate, Department of Finance and Management Studies, School of Oriental and African Studies (SOAS), University of London, UK; and holder of the British Hispanic Foundation 'Queen Victoria Eugenia' British Hispanic Chair of Doctoral Studies. He is Chief Academic Adviser to the UK Government Economic Service (GES) on Professional Developments in Economics. He has published as sole author or editor, as well as co-author and co-editor, a number of books, contributed in the form of invited chapters to numerous books, produced research reports for research institutes, and has published widely in academic journals. Malcolm Sawyer is Professor of Economics, Leeds University Business School, University of Leeds, UK. He was until recently Pro-Dean for Learning and Teaching for the faculty of Business, University of Leeds, UK. He is Managing Editor of the International Review of Applied Economics, on the Editorial Board of a range of journals and editor of the series New Directions in Modern Economics. He has published widely in the areas of post Keynesian and Kaleckian economics, industrial economics and the UK and European economies. He has authored 11 books and edited 18, has published over 70 papers in refereed journals and contributed chapters to over 100 books.

Table of Contents

Economic Theory and Policies: New Directions After Neo-Liberalism; P.Arestis & M.Sawyer
Towards a 'New Economics': Values, Resources, Money, Markets, Growth and Policy; T.Baker
Replacing the Efficient Markets Hypothesis with a New Economics Approach; G.Dimsky
From Gender as Exogenous to Gender as Endogenous in the New Economics; I.van Staveren
Long-Term Uncertainty and Social Security Systems; J.Ferreiro & F.Serrano
Finance-dominated Capitalism in Crisis–The Case for a Global Keynesian New Deal; E.Hein & A.Truger