New Economics as Mainstream Economics

This volume deals with both a new theoretical framework and the capability of new economics to tackle a number of economic problems. It offers detailed analysis and informed comment on the type of new economics emerging in the aftermath of the financial c

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Copyright material from www.palgraveconnect.com - licensed to npg - PalgraveConnect - 2016-04-06

New Economics as Mainstream Economics

10.1057/9780230307681preview - New Economics as Mainstream Economics, Edited by Philip Arestis and Malcolm Sawyer

International Papers in Political Economy Series Series Editors: Philip Arestis and Malcolm Sawyer

The original series of International Papers in Political Economy started in 1993 and has been 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 Professor Malcolm Sawyer at the University of Leeds (e-mail: [email protected]) Titles include: Philip Arestis and Malcolm Sawyer (editors) NEW ECONOMICS AS MAINSTREAM ECONOMICS PATH DEPENDENCY AND MACROECONOMICS CRITICAL ESSAYS ON THE PRIVATISATION EXPERIENCE POLITICAL ECONOMY OF LATIN AMERICA Recent Economic Performance ALTERNATIVE PERSPECTIVES ON ECONOMIC POLICIES IN THE EUROPEAN UNION FINANCIAL LIBERALIZATION Beyond Orthodox Concerns 21st CENTURY KEYNESIAN ECONOMICS

Copyright material from www.palgraveconnect.com - licensed to npg - PalgraveConnect - 2016-04-06

This is the seventh volume of the new series of International Papers in Political Economy (IPPE). The new series will consist of an annual volume with five to six papers on a single theme. The objective of the IPPE will continue to be the publication of papers dealing with important topics within the broad framework of Political Economy.

International Papers in Political Economy Series Standing Order ISBN 978–1–4039–9936–8 You can receive future titles in this series as they are published by placing a standing order. Please contact your bookseller or, in case of difficulty, write to us at the address below with your name and address, the title of the series and one of the ISBNs quoted above. Customer Services Department, Macmillan Distribution Ltd, Houndmills, Basingstoke, Hampshire RG21 6XS, England

10.1057/9780230307681preview - New Economics as Mainstream Economics, Edited by Philip Arestis and Malcolm Sawyer

New Economics as Mainstream Economics Philip Arestis University of Cambridge and University of the Basque Country

and

Malcolm Sawyer Professor of Economics and Head of the Economics Department, University of Leeds, UK

Copyright material from www.palgraveconnect.com - licensed to npg - PalgraveConnect - 2016-04-06

Edited By

10.1057/9780230307681preview - New Economics as Mainstream Economics, Edited by Philip Arestis and Malcolm Sawyer

Selection and editorial matter © Philip Arestis and Malcolm Sawyer 2011 Individual chapters © Contributors 2011 All rights reserved. No reproduction, copy or transmission of this publication may be made without written permission.

Any person who does any unauthorized act in relation to this publication may be liable to criminal prosecution and civil claims for damages. The authors have asserted their rights to be identified as the authors of this work in accordance with the Copyright, Designs and P