Richard P.F Holt – A New Guide to Post Keynesian Economics
Eichner’s classic A Guide to Post-Keynesian Economics (1978) is still seen as the definitive staging post for those wishing to familiarize themselves with the Post-Keynesian School. This book brings the story up-to-date.
Of all the subgroups within heterodox economics, Post-Keynesianism has provided the most convincing alternative to mainstream theory. The main representatives of the Post-Keynesianism from both sides of the Atlantic are represented here, including Paul Davidson, Geoff Harcourt and Sheila Dow.
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Financial development means some improvements in producing information about possible investments and allocating capital, monitoring firms and exerting corporate governance, trading, diversification, and management of risk, mobilization and pooling of savings, easing the exchange of goods and services.
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