Theory and Policy in Political Economy Essays in Pricing, Distribution, and Growth

"This is a pleasing set of highly readable papers, stimulating both in themselves and for the pointers which they give to further relevant developments under the broad rubric of post Keynesian economics. From the foreword by G.C. Harcourt, University of Cambridge, UKThis important book presents a thematic selections of essays by leading post Keynesian economists from Europe and North America. It focuses on a major feature of post Keynesian economics namely the interrelationships between pricing, distribution and growth. It is no accident that these aspects were emphasised in the work of the founding fathers particularly Kalecki and Keynes. Included in the present volume are essays by scholars who have made significant contributions to our understanding of these relationships. Lying behind them is the emphasis on the role of time and uncertainty that initially comes from the works of Keynes, Kalecki and Kaldor. The book offers a thorough coverage of both pricing and distribution as well as the related issue of growth which has, hitherto, been comparatively neglected. It also provides a critical appraisal of certain aspects of main stream economics.Arestis, Philip is the author of 'Theory and Policy in Political Economy Essays in Pricing, Distribution, and Growth' with ISBN 9781852782054 and ISBN 1852782056.