Maria Cristina Barbieri Góes – författare
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3 produkter
2 134 kr
Skickas inom 10-15 vardagar
This book brings together distinguished scholars who analyze the recent resurgence of inflation from the point of view of conflict among social classes over the appropriate distribution of income.For the better part of the past four decades, inflation remained low and stable in most industrialized economies—certainly close to the various inflation targets. As a result, inflation did not pose much of a policy threat, and economists’ attention was drawn elsewhere. Since 2020, however, the picture is very different. A pandemic followed by a war has led to a surge in inflation throughout the globe, the result of war, climate change emergencies, supply chain deficiencies, and other cost-related post-COVID problems (so-called greedflation). This surge in inflation has left many economists bewildered. Post-Keynesians, however, have proposed a sound explanation. For them, inflation is ‘always and everywhere’ a conflict phenomenon, and they have applied this view to the post-pandemic era.This book is a must-read to understand not only inflation in normal times but also in times of crises. It is an essential read for students, policymakers and scholars in the fields of economics, social sciences, and public policy.The chapters in this book were originally published as a special issue of Review of Political Economy.
671 kr
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This book brings together distinguished scholars who analyze the recent resurgence of inflation from the point of view of conflict among social classes over the appropriate distribution of income.For the better part of the past four decades, inflation remained low and stable in most industrialized economies—certainly close to the various inflation targets. As a result, inflation did not pose much of a policy threat, and economists’ attention was drawn elsewhere. Since 2020, however, the picture is very different. A pandemic followed by a war has led to a surge in inflation throughout the globe, the result of war, climate change emergencies, supply chain deficiencies, and other cost-related post-COVID problems (so-called greedflation). This surge in inflation has left many economists bewildered. Post-Keynesians, however, have proposed a sound explanation. For them, inflation is ‘always and everywhere’ a conflict phenomenon, and they have applied this view to the post-pandemic era.This book is a must-read to understand not only inflation in normal times but also in times of crises. It is an essential read for students, policymakers and scholars in the fields of economics, social sciences, and public policy.The chapters in this book were originally published as a special issue of Review of Political Economy.
2 197 kr
Skickas inom 10-15 vardagar
This book explores the Supermultiplier model which has rapidly evolved into a key analytical framework, embraced and debated by post-Keynesian economists across various schools of thought. At its core, the model extends Keynesian principles to the long run, asserting that economic growth and productive capacity are fundamentally shaped by effective demand. Central to this framework is the concept of autonomous demand—components of aggregate demand such as government spending, exports, and residential investment and credit-financed consumption that operate independently of income flows, driving growth and capital accumulation.This book ventures into the relatively uncharted territory of how these autonomous demand components are financed. It highlights the indispensable role of endogenous money creation—credit expansion, state money, and external sector financing—in sustaining demand-led growth. Drawing from recent contributions, the book integrates credit and debt dynamics into the Supermultiplier model, offering insights into the financial underpinnings of autonomous demand.A vital resource for understanding modern monetary economies, this book bridges theoretical advancements and practical policy implications, making it essential reading for economists, policymakers, and those intrigued by the intersection of demand, finance, and growth.The chapters in this book were originally published in Review of Political Economy.