Post Keynesian Economic Theory

Philip Arestis is Head of the Economics Division, Thames Polytechnic. Thanos Skouras is Head of the Department of Applied Economics at North East London Polytechnic.

• Foreword, Introduction, 1 The Formation of Economic Policy: A Question for Economists?, 2 The Financial Instability Hypothesis : A Restatement, 3 The Rise of Monetarism as a Social Doctrine, 4 Keynesians, Monetarists and Keynes: The End of the Debate — or a Beginning?, 5 Is there any Crowding-out of Private Expenditure by Fiscal Actions?, 6 Post-Keynesianism: Quite Wrong and/or Nothing New?, 7 Towards a Post-Kaleckian Macroeconomics, 8 The Political Economy of Rapid Industrialisation, Bibliography, Index