PHILIP ARESTIS is Professor of Economics and Head of the Department of Economics at the University of East London. He was editor of the British Review of Economic Issues and is joint editor of the recently launched International Papers in Political Economy. He is an elected member of the Council of the Royal Economic Society. His many publications include Introducing Macroeconomic Modelling(co-author); Post-Keynesian Monetary Economics (editor); Post-Keynesian Economic Theory (co-editor); The Biographical Dictionary of Dissenting Economists; The Elgar Companion to Radical Political Economy; Keynes, Money and the Open Economy; Post-Keynesian Economics and the History of Economics, Markets, Unemployment and Economic Policy; Money, Pricing, Distribution and Economic Integration. He has published widely in journals and books in Post Keynesian Economics, Macroeconomics, Monetary Economics and Applied Econometrics.MALCOLM SAWYER is Professor of Economics and Head of the Economics Division at the University of Leeds, and formerly Professor of Economics at the University of York. He is the author of several books including Macroeconomics in Question, The Economics of Michal Kalecki, The Challenge of Radical Political Economy and Unemployment, Imperfect Competition and Macroeconomics. He is the managing editor of International Review of Applied Economics, joint editor of the recently launched International Papers in Political Economy, and editor of the series New Directions in Modern Economics. He has recently co-edited The Biographical Dictionary of Dissenting Economists and The Elgar Companion to Radical Political Economy.

• Notes on the Contributors Introduction - Philip Arestis & Malcolm Sawyer Industrial Policies versus Competitiveness Strategies: in Pursuit of Prosperity in the Global Economy - George De Martino Competitive Markets and Economic Development: a Commentary on World Bank Analyses - Ajit Singh The Political Economy of the Current US Financial Crisis Function - L.Randy Wray Financial Structures and Egalitarian Economic Policy - Robert Pollin Financial Markets, the State and Economic Development: Controversies within Theory and Policy - Ilene Grabel The Tobin Financial Transactions Tax: its Potential and Feasibility - Philip Arestis & Malcolm Sawyer Index

PHILIP ARESTIS is Professor of Economics and Head of the Department of Economics at the University of East London. He was editor of the British Review of Economic Issues and is joint editor of the recently launched International Papers in Political Economy. He is an elected member of the Council of the Royal Economic Society. His many publications include Introducing Macroeconomic Modelling(co-author); Post-Keynesian Monetary Economics (editor); Post-Keynesian Economic Theory (co-editor); The Biographical Dictionary of Dissenting Economists; The Elgar Companion to Radical Political Economy; Keynes, Money and the Open Economy; Post-Keynesian Economics and the History of Economics, Markets, Unemployment and Economic Policy; Money, Pricing, Distribution and Economic Integration. He has published widely in journals and books in Post Keynesian Economics, Macroeconomics, Monetary Economics and Applied Econometrics.MALCOLM SAWYER is Professor of Economics and Head of the Economics Division at the University of Leeds, and formerly Professor of Economics at the University of York. He is the author of several books including Macroeconomics in Question, The Economics of Michal Kalecki, The Challenge of Radical Political Economy and Unemployment, Imperfect Competition and Macroeconomics. He is the managing editor of International Review of Applied Economics, joint editor of the recently launched International Papers in Political Economy, and editor of the series New Directions in Modern Economics. He has recently co-edited The Biographical Dictionary of Dissenting Economists and The Elgar Companion to Radical Political Economy.

• Notes on the Contributors Introduction - Philip Arestis & Malcolm Sawyer Industrial Policies versus Competitiveness Strategies: in Pursuit of Prosperity in the Global Economy - George De Martino Competitive Markets and Economic Development: a Commentary on World Bank Analyses - Ajit Singh The Political Economy of the Current US Financial Crisis Function - L.Randy Wray Financial Structures and Egalitarian Economic Policy - Robert Pollin Financial Markets, the State and Economic Development: Controversies within Theory and Policy - Ilene Grabel The Tobin Financial Transactions Tax: its Potential and Feasibility - Philip Arestis & Malcolm Sawyer Index

PHILIP ARESTIS is Professor of Economics and Head of the Department of Economics at the University of East London. He was editor of the British Review of Economic Issues and is joint editor of the recently launched International Papers in Political Economy. He is an elected member of the Council of the Royal Economic Society. His many publications include Introducing Macroeconomic Modelling(co-author); Post-Keynesian Monetary Economics (editor); Post-Keynesian Economic Theory (co-editor); The Biographical Dictionary of Dissenting Economists; The Elgar Companion to Radical Political Economy; Keynes, Money and the Open Economy; Post-Keynesian Economics and the History of Economics, Markets, Unemployment and Economic Policy; Money, Pricing, Distribution and Economic Integration. He has published widely in journals and books in Post Keynesian Economics, Macroeconomics, Monetary Economics and Applied Econometrics.MALCOLM SAWYER is Professor of Economics and Head of the Economics Division at the University of Leeds, and formerly Professor of Economics at the University of York. He is the author of several books including Macroeconomics in Question, The Economics of Michal Kalecki, The Challenge of Radical Political Economy and Unemployment, Imperfect Competition and Macroeconomics. He is the managing editor of International Review of Applied Economics, joint editor of the recently launched International Papers in Political Economy, and editor of the series New Directions in Modern Economics. He has recently co-edited The Biographical Dictionary of Dissenting Economists and The Elgar Companion to Radical Political Economy.

• Notes on the Contributors Introduction - Philip Arestis & Malcolm Sawyer Industrial Policies versus Competitiveness Strategies: in Pursuit of Prosperity in the Global Economy - George De Martino Competitive Markets and Economic Development: a Commentary on World Bank Analyses - Ajit Singh The Political Economy of the Current US Financial Crisis Function - L.Randy Wray Financial Structures and Egalitarian Economic Policy - Robert Pollin Financial Markets, the State and Economic Development: Controversies within Theory and Policy - Ilene Grabel The Tobin Financial Transactions Tax: its Potential and Feasibility - Philip Arestis & Malcolm Sawyer Index