By Frederic S. Lee,Marc Lavoie
Post-Keynesian and heterodox economics problem the mainstream economics theories that dominate the instructing at universities and govt fiscal rules. And it was once those latter theories that helped to reason the good melancholy the U.S. and the remainder of the realm is in. even though, such a lot economists and the head 1% do not need mainstream theories challenged—for to take action might suggest wondering why and the way the 1% acquired the place they're. accordingly, various efforts were and are being made to discredit if no longer suppress Post-Keynesian and heterodox economics. those efforts have had a few luck; this booklet is a reaction to them.
This ebook makes it transparent that put up Keynesian/heterodox economics is, regardless of inner difficulties, a achievable and significant method of economics and that it's going to face up to the makes an attempt of the critics to bury it. The reader also will locate arguments that without delay interact the critics and recommend that their views/criticisms are vacuous and fallacious. As such, this may attract all who're drawn to financial thought, financial background and who think in tough the orthodoxy.
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Additional info for In Defense of Post-Keynesian and Heterodox Economics: Responses to their Critics (Routledge Advances in Heterodox Economics)
In Defense of Post-Keynesian and Heterodox Economics: Responses to their Critics (Routledge Advances in Heterodox Economics) by Frederic S. Lee,Marc Lavoie