Michael G. Hillard – författare

Heterodox Macroeconomics offers a detailed understanding of the foundations of the recent global financial crisis. The chapters, from a selection of leading academics in the field of heterodox macroeconomics, carry out a synthesis of heterodox ideas that place financial instability, macroeconomic crisis, rising global inequality and a grasp of the perverse and pernicious qualities of global and domestic macroeconomic policy making since 1980 into a coherent perspective. It familiarizes the reader with the emerging unified theory of heterodox macroeconomics and its applications.The book is divided into four key sections: I) Heterodox Macroeconomics and the Keynes-Marx synthesis; II) Accumulation, Crisis and Instability; III) The Macrodynamics of the Neoliberal Regime; and IV) Heterodox Macroeconomic Policy. The essays include theoretical, international, historical, and country perspectives on financial fragility and macroeconomic instability.

Heterodox Macroeconomics offers a detailed understanding of the foundations of the recent global financial crisis. The chapters, from a selection of leading academics in the field of heterodox macroeconomics, carry out a synthesis of heterodox ideas that place financial instability, macroeconomic crisis, rising global inequality and a grasp of the perverse and pernicious qualities of global and domestic macroeconomic policy making since 1980 into a coherent perspective. It familiarizes the reader with the emerging unified theory of heterodox macroeconomics and its applications.The book is divided into four key sections: I) Heterodox Macroeconomics and the Keynes-Marx synthesis; II) Accumulation, Crisis and Instability; III) The Macrodynamics of the Neoliberal Regime; and IV) Heterodox Macroeconomic Policy. The essays include theoretical, international, historical, and country perspectives on financial fragility and macroeconomic instability.

In Shredding Paper, Michael G. Hillard examines how Maine, once the nation's leader in paper production, saw its powerful industry decline. From the early twentieth century to the 1960s, Maine's paper mills shaped the state's economy and labor relations, but by the late twentieth century, shifting economic forces and foreign competition led to their collapse.Hillard explores the industry's economic history, showing how local paper companies once controlled policies on labor, land use, and water rights. As national conglomerates absorbed family-owned mills, Wall Street's demand for short-term profits after 1980 accelerated the industry's downfall.Through a detailed retelling of labor relations and worker experiences, Shredding Paper uncovers the story of Maine's blue-collar workforce, their struggles, and the economic transformations that reshaped the state. Shredding Paper offers a compelling analysis of how changing political economies led to the demise of a major American industry.