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37 publications found, searching for 'Book Series '
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Book Series
July 07, 2020
The Case for a Job Guarantee
AbstractOne of the most enduring ideas in economics is that unemployment is both unavoidable and necessary for the smooth functioning of the economy. This assumption has provided cover for the devastating social and economic costs of job insecurity. It is also false. In this book, leading expert Pavlina R. Tcherneva challenges us to imagine a world where the phantom of […]
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Book Series
January 10, 2020
A Great Leap Forward
AbstractA Great Leap Forward: Heterodox Economic Policy for the 21st Century investigates economic policy from a heterodox and progressive perspective. Author Randall Wray uses relatively short chapters arranged around several macroeconomic policy themes to present an integrated survey of progressive policy on topics of interest today that are likely to remain topics of interest for […]
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Book Series
October 01, 2019
Challenges to Indian Fiscal Federalism
AbstractThe principle of fiscal federalism enshrined in India’s Constitution is under severe strain today. This book is a key addition to understanding the challenges involved. The authors capture the implications of the abolition of the Planning Commission, the introduction of the controversial Goods and Services Tax regime, and formulation of Terms of Reference of the […]
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Book Series
February 01, 2019
Macroeconomics
AbstractThis groundbreaking new core textbook encourages students to take a more critical approach to the prevalent assumptions around the subject of macroeconomics, by comparing and contrasting heterodox and orthodox approaches to theory and policy. The first such textbook to develop a heterodox model from the ground up, it is based on the principles of Modern […]
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Book Series
April 01, 2018
America Classifies the Immigrants
AbstractIn America Classifies the Immigrants: From Ellis Island to the 2020 Census (Harvard University Press, 2018), Senior Scholar Joel Perlmann traces the evolution of thinking about “race” and “ethnic groups” in America. Beginning with the 1897 “List of Races and Peoples” through the proposed 2020 changes for the US Census, Perlmann examines the shifting ideas […]
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Book Series
March 01, 2018
Classical Economics Today: Essays in Honor of Alessandro Roncaglia
AbstractEdited by Marcella Corsi, Sapienza University of Rome, Levy Institute Director of Research Jan Kregel, and Carlo D’Ippoliti, Sapienza University of Rome, this new collection of 16 essays is dedicated to Alessandro Roncaglia and deals with the themes that “have characterized his work or represent expressions of his personality, his interests and method," particularly his […]
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Book Series
November 05, 2015
Financial Regulation in the European Union
AbstractHave past and more recent regulatory changes contributed to increased financial stability in the European Union (EU), or have they improved the efficiency of individual banks and national financial systems within the EU? Edited by Rainer Kattel, Tallinn University of Technology, Director of Research Jan Kregel, and Mario Tonveronachi, University of Siena, this volume offers […]
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Book Series
November 05, 2015
Why Minsky Matters: An Introduction to the Work of a Maverick Economist
AbstractPerhaps no economist was more vindicated by the global financial crisis than Hyman P. Minsky (1919–1996). Although a handful of economists raised alarms as early as 2000, Minsky’s warnings began a half century earlier, with writings that set out a compelling theory of financial instability. Yet even today he remains largely outside mainstream economics; few […]
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Book Series
September 29, 2015
Modern Money Theory: A Primer on Macroeconomics for Sovereign Monetary Systems, Second Edition
AbstractIn a completely revised second edition, Senior Scholar L. Randall Wray presents the key principles of Modern Money Theory, exploring macro accounting, monetary and fiscal policy, currency regimes, and exchange rates in developed and developing nations. Wray examines how misunderstandings about the nature of money caused the recent global financial meltdown, and provides fresh ideas […]
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Book Series
November 30, 2014
Contributions to Economic Theory, Policy, Development and Finance: Essays in Honor of Jan A. Kregel
AbstractLevy Institute Senior Scholar Jan A. Kregel is a prominent Post-Keynesian economist. This study combines lessons drawn from events and experiences of developing countries and examines them in relation to his ideas on economics and development. This collection brings together distinguished scholars who have been influenced by Kregel’s prodigious contributions to the fields of economic […]
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Book Series
October 24, 2014
Economic Development and Financial Instability: Selected Essays
AbstractThis volume is the first collection of essays by Jan Kregel focusing on the role of finance in development and growth, and it demonstrates the extraordinary depth and breadth of this economist’s work. Considered the “best all-round general economist alive” (Harcourt), Kregel is a senior scholar and director of the monetary policy and financial structure […]
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Book Series
December 17, 2013
Gender Perspectives and Gender Impacts of the Global Economic Crisis
AbstractWith the full effects of the Great Recession still unfolding, this collection of essays analyzes the gendered economic impacts of the crisis. The volume, from an international set of contributors, argues that gender-differentiated economic roles and responsibilities within households and markets can potentially influence the ways in which men and women are affected in times […]
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Book Series
April 16, 2013
Ending Poverty: Jobs, Not Welfare
AbstractAlthough Hyman P. Minsky is best known for his ideas about financial instability, he was equally concerned with the question of how to create a stable economy that puts an end to poverty for all who are willing and able to work. This collection of Minsky’s writing spans almost three decades of his published and […]
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Book Series
June 15, 2012
Contributions in Stock-flow Modeling: Essays in Honor of Wynne Godley
AbstractIn the 1970s, at a time of shock, controversy and uncertainty over the direction of monetary and fiscal policy, Wynne Godley and the Cambridge Department of Applied Economics rose to prominence, challenging the accepted Keynesian wisdom of the time. This collection of essays brings together eminent scholars who have been influenced by Godley’s enormous contribution […]
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Book Series
April 10, 2012
Beyond the Minsky Moment: Where We’ve Been, Why We Can’t Go Back, and the Road Ahead for Financial Reform
AbstractThis eBook traces the roots of the 2008 financial meltdown to the structural and regulatory changes leading from the 1933 Glass-Steagall Act to the 1999 Financial Services Modernization Act, and on through to the subprime-triggered crash. It evaluates the regulatory reactions to the global financial crisis—most notably, the 2010 Dodd-Frank Act—and, with the help of […]
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Book Series
September 23, 2010
The Elgar Companion to Hyman Minsky
AbstractHyman Minsky’s analysis, in the early 1990s, of the capitalist economy’s transformation in the postwar period accurately predicted the global financial meltdown that began in late 2007. With the republication in 2008 of his seminal books John Maynard Keynes (1975) and Stabilizing an Unstable Economy (1986), his ideas have seen an unprecedented resurgence, and the […]
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Book Series
January 05, 2010
Unpaid Work and the Economy
AbstractThis volume offers both theoretical and policy-oriented examinations of the value of unpaid work, usually unacknowledged but increasingly recognized as an organic component of the economy. Particularly in developing countries, much of the provisioning of basic needs occurs beyond the boundaries of market transactions. This book reveals a need to incorporate unpaid work in economic […]
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Book Series
May 20, 2008
Stabilizing an Unstable Economy
AbstractThe late American economist and Distinguished Scholar Hyman P. Minsky first wrote about the inherent instability of financial markets in the late 1950s, and accurately predicted a transformation of the economy that would not become apparent for nearly a generation. In 2007, interest in his work suddenly exploded as the financial press recognized the relevance […]
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Book Series
May 19, 2008
John Maynard Keynes
AbstractThis reissue of Hyman P. Minsky’s classic book offers a timely reconsideration of the work of economics icon John Maynard Keynes. In it, Minsky argues that what most economists consider Keynesian economics is at odds with the major points of Keynes’s The General Theory of Employment, Interest, and Money. Both Keynes and Minsky refuse to […]
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Book Series
October 15, 2007
Government Spending on the Elderly
AbstractThe results are in: we are aging—individually and collectively, nationally and globally. In the United States, as in most countries with an advanced economy, the aging of the population will be a primary domestic public policy issue in the coming decades. According to Census Bureau estimates, the proportion of the elderly in the total population […]
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Book Series
December 27, 2006
International Perspectives on Household Wealth
AbstractThe contributors to this comprehensive book compile and analyze the latest data available on household wealth using, as case studies, the United States, Canada, Germany, Italy, Sweden, and Finland during the 1990s and into the 21st century. The authors show that in the United States, trends are highlighted in terms of wealth holdings among the […]
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Book Series
July 16, 2006
The Distributional Effects of Government Spending and Taxation
AbstractThis book focuses on the distributional consequences of the public sector. It examines and documents, both theoretically and empirically, the effects of government spending and taxation on personal distribution, that is, on families and individuals. In addition, it investigates the relationship between the public sector and the functional distribution of national income. In this respect, […]
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Book Series
December 01, 2005
Italians Then, Mexicans Now
AbstractAccording to the American dream, hard work and a good education can lift people from poverty to success in the “land of opportunity.” The unskilled immigrants who came to the United States from Southern, Central, and Eastern Europe in the late 19th and early 20th centuries largely realized that vision. Within a few generations, their […]
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Book Series
August 01, 2004
Induced Investment and Business Cycles
AbstractThis unique volume presents, for the first time in publication, the original doctoral thesis of Hyman P. Minsky, one of the most innovative thinkers on financial markets. Dimitri B. Papadimitriou’s introduction places the thesis in a modern context, and explains its relevance today. The thesis explores the relationship between induced investment, the constraints of financing […]