Frontiers of Heterodox Macroeconomics
In the past few decades, and intensified since the global financial crisis of August 2007, heterodox macroeconomics has developed apace and its scope has broadened in a number of directions. The purpose of this volume is to review the ‘state of the art’ i
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Frontiers of Heterodox Macroeconomics Edited by
ph i l i p a r e s t i s m a l col m s aw y e r
International Papers in Political Economy
Series Editors Philip Arestis Department of Land Economy University of Cambridge Cambridge, UK Malcolm Sawyer University of Leeds Leeds, UK
This series consists of an annual volume with a single theme. The objective of the IPPE is the publication of papers dealing with important topics within the broad framework of Political Economy. The original series of International Papers in Political Economy started in 1993, until the new series began in 2005, and was published in the form of three issues a year with each issue containing a single extensive paper. Information on the old series and back copies can be obtained from the editors: Philip Arestis ([email protected]) and Malcolm Sawyer (e-mail: [email protected]). More information about this series at http://www.palgrave.com/gp/series/14844
Philip Arestis · Malcolm Sawyer Editors
Frontiers of Heterodox Macroeconomics
Editors Philip Arestis Department of Land Economy University of Cambridge Cambridge, UK
Malcolm Sawyer University of Leeds Leeds, UK
International Papers in Political Economy ISBN 978-3-030-23928-2 ISBN 978-3-030-23929-9 (eBook) https://doi.org/10.1007/978-3-030-23929-9 © The Editor(s) (if applicable) and The Author(s), under exclusive license to Springer Nature Switzerland AG 2019 This work is subject to copyright. All rights are solely and exclusively licensed by the Publisher, whether the whole or part of the material is concerned, specifically the rights of translation, reprinting, reuse of illustrations, recitation, broadcasting, reproduction on microfilms or in any other physical way, and transmission or information storage and retrieval, electronic adaptation, computer software, or by similar or dissimilar methodology now known or hereafter developed. The use of general descriptive names, registered names, trademarks, service marks, etc. in this publication does not imply, even in the absence of a specific statement, that such names are exempt from the relevant protective laws and regulations and therefore free for general use. The publisher, the authors and the editors are safe to assume that the advice and information in this book are believed to be true and accurate at the date of publication. Neither the publisher nor the authors or the editors give a warranty, expressed or implied, with respect to the material contained herein or for any errors or omissions that may have been made. The publisher remains neutral with regard to jurisdictional claims in published maps and institutional affiliations. This Palgrave Macmillan imprint is published by the registered company Springer Nature Switzerland AG The registered company address is: Gewerbestrasse 11, 6330 Cham, Switzerland
Preface
This is the sixteenth volume of the series of International Papers in Political Economy (IPPE). This series consists of an annual volume with eight papers on a single theme. The objective of the IPPE is the publi
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