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Rethinking the Theory of Money, Credit, and Macroeconomics
This book provides a comprehensive re-working of the basic principles of monetary macroeconomics in an alternative monetary model (AMM) of economic growth, the business cycle, inflation and income distribution. These principles differ considerably from those advanced in the standard macroeconomics literature and in textbooks. However, the latter have been demonstrably unsuccessful in the promotion of usable macroeconomic policy advice for the past several years, actually decades. A different approach is needed. In particular, the new approach takes seriously the vital role of credit creation and endogenous money in capitalism. It does not imagine that all of the difficult questions of economic policy-making may be resolved within a paradigm that conceptualizes economic activity as merely a question of barter exchange. The result is a blueprint for a set of growth-friendly macroeconomic policies which will promote full employment, financial stability and higher real wages – essentially for the benefit of the long-suffering middle and working classes rather for the chamber of commerce and financial interests.
Fundamentals of Economics for Business
Fundamentals of Economics for Business is an innovative text designed specifically for students in business education programs. It provides a comprehensive yet accessible introduction to the key economic issues relevant to present or future business decision-makers. Reflecting the requirements of globalization, the content is international in scope and is applicable worldwide. The material is easily adaptable to courses of different lengths and educational objectives, including a one-semester MBA course, economics courses in an undergraduate commerce or business degree, or an executive MBA program.This second edition adds significant new material on production costs, managerial economics, growth and competitiveness, and includes new case studies with applications to international business.
Controversies in Monetary Economics
'John Smithin's erudite and eloquent Controversies in Monetary Economics (now in a revised second edition) reminds us that a cashless economy is by no means a moneyless economy. Drawing on Keynes's concept of monetary production and on the later work of Sir John Hicks, Smithin argues persuasively for the continuing central importance of money in understanding interest rate determination and economic fluctuations. This insightful book illuminates the role of monetary policy, notably within the European Monetary Union.' - Robert W. Dimand, Brock University, Canada 'This book provides an excellent overview of the controversies that have driven debate about monetary theory and policy over the la...
Macroeconomic Policy and the Future of Capitalism
Addresses the revolution in macroeconomic policy of the last quarter of the 20th century and the movement away from concerns with employment and growth in favor of financial variables such as inflation and exchange rates. Argues that this financial reaction in macroeconomic policy is the result of a shift in political power in favor of financial interests and away from labor and manufacturing, and that it results in a high rate of return but poor economic performance. Paper edition (745-7) $20.00. Annotation copyrighted by Book News, Inc., Portland, OR
Money, Enterprise and Income Distribution
Mainstream neoclassical economics tells us that money is essentially a commodity, has no other social meanings or consequences, and (therefore) exists only as a medium of exchange to lubricate/facilitate barter. This book takes the view that money is definitively a social relation between private persons or legal persons. As such, it is one of the main building blocks of the complex structure of social relations of capitalism itself.
The True Travels, Adventures, and Observations of Captain John Smith into Europe, Asia, Africa, and America From Ann. Dom. 1593 to 1629
Captain John Smith dmiral of New England, was an English soldier, explorer, and author. He was knighted for his services to Sigismund Báthory, Prince of Transylvania, and his friend Mózes Székely. He was considered to have played an important part in the establishment of Jamestown, the first permanent English settlement in North America. He was a leader of the Virginia Colony (based at Jamestown) between September 1608 and August 1609, and led an exploration along the rivers of Virginia and the Chesapeake Bay. He was the first English explorer to map the Chesapeake Bay area and New England. His books and maps were important in encouraging and supporting English colonization of the New Wor...
New Directions in Post-Keynesian Economics
"In all, New Directions in Post-Keynesian Economics proves that the intellectual vision for the realization of the Keynesian revolution is abundant. John Hillard, European Association for Evolutionary Political Economy Newsletter "The Pheby-edited essays should prove useful to anyone interested in post-Keynesian economics. The level of exposition makes them accessible to advanced undergraduates without being too pedestrian for scholars in the field. Dudley Dillard, The Eastern Economics Journal
Macroeconomic Policy and the Future of Capitalism
Macroeconomic Policy and the Future of Capitalism is an accessible, highly readable account of macroeconomic policy in the industrial nations which cuts through the complex mathematics and obscure jargon of most books on economics to deal with real issues
John Searle and the Construction of Social Reality
In 1995 John Searle published The Construction of Social Reality, a text which not only promises to disclose the institutional backdrop against which speech takes place, but initiate a new "philosophy of society." Since then The Construction of Social Reality has been subject to a flurry of criticism. While many of Searle's interlocutors share the sense that the text marks an important breakthrough, he has time and again accused critics of misunderstanding his claims. Despite Searle's characteristic crispness and clarity there remains some confusion, among both philosophers and sociologists, regarding the significance of his proposals. This book traces some of the high points of this dialogu...
A History of Post Keynesian Economics Since 1936
This text provides a history of the post Keynesian approach to economics since 1936. The author locates the origins of these economics in the conflicting interpretations of Keynes' General Theory and in the complementary work of Michael Kalecki.
