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  • International Trade and National Welfare

    Series series Routledge Studies in the Modern World Economy
    When can a country be said to benefit from free trade?This question has obsessed economists for more than 200 years, and a definitive answer has never been provided. Continuing the influential work begun in The Gains from Trade and the Gains from Aid, (Routledge 1995), Murray Kemp here presents the recent progress he and his co-workers have made in tackling this important question. ... Read more

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    Series series Routledge Frontiers of Political Economy
    Contrary to common belief, macroeconomics is not merely a theory of aggregates, and cannot be constructed from individual behaviour. Both nationally and internationally, there are economic laws that are logically independent of economic agents’ behaviour. These are the macroeconomic foundations of macroeconomics.Presenting cutting-edge material, Alvaro Cencini explores these foundations, and shows ... Read more

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  • Economic Geography and Public Policy

    Research on the spatial aspects of economic activity has flourished over the past decade due to the emergence of new theory, new data, and an intense interest on the part of policymakers, especially in Europe but increasingly in North America and elsewhere as well. However, these efforts--collectively known as the "new economic geography"--have devoted little attention to the policy implications ... Read more

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  • A History of Macroeconomics from Keynes to Lucas and Beyond

    This book retraces the history of macroeconomics from Keynes's General Theory to the present. Central to it is the contrast between a Keynesian era and a Lucasian - or dynamic stochastic general equilibrium (DSGE) - era, each ruled by distinct methodological standards. In the Keynesian era, the book studies the following theories: Keynesian macroeconomics, monetarism, disequilibrium macroeconomics ... Read more

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  • Understanding Marx

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    This book explains the development of the classical theory of value from Adam Smith to Karl Marx in a form readily accessible to readers unfamiliar with anything more than elementary arithmetic, while at the same time offering to the specialist a fundamental criticism of Marxian political economy and an original and controversial interpretation of Capital. The author clarifies recent mathematical ... Read more

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  • Economic Theory in Retrospect

    by Mark Blaug ...
    This is a history of economic thought from Adam Smith to John Maynard Keynes - but it is a history with a difference. Firstly, it is a history of economic theory, not of economic doctrines, that is, it is consistently focused on theoretical analysis, undiluted by entertaining historical digressions or biological colouring. Secondly, it includes detailed Reader's Guides to nine of the major texts ... Read more

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  • Taxation, Growth and Fiscal Institutions

    A Political and Economic Analysis

    by Albert J. Lee ...
    Series series Business and Management (R0)
    The causal relationship between growth and inequality is complex, and there have been many scholarly works to study this relationship since the seminal work of Kuznets in the 1950s. Few recent studies in this field have shown that the nature of relationship is multifaceted and non-linear. In addition to the intrinsic non-linear nature of the relationship, government and institutions play pivotal ... Read more

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  • Essays In The Fundamental Theory Of Monetary Economics And Macroeconomics

    by John Smithin ...
    This book provides a comprehensive overview, in the form of eight long essays, of the evolution of monetary theory over the three-quarters of century, from the time of Keynes to the present day. The essays are originally based on lecture notes from a graduate course on Advanced Monetary Economics offered at York University, Toronto, written in the style of academic papers. The essays are ... Read more

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  • New Approaches to Monetary Theory

    Interdisciplinary Perspectives

    Edited by Heiner Ganssmann ...
    Series series Routledge International Studies in Money and Banking
    Everybody uses money every day, but we rarely stop to think about how money works. In this book, scholars from different disciplines seek to answer that question; from historians to economists, sociologists, a philosopher and a physicist. Money works as a social construction because we have mutual expectations that support its use – despite the seeming irrationality of trading valuable things or ... Read more

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  • Immigration Economics

    Millions of people—nearly 3 percent of the world’s population—no longer live in the country where they were born. Every day, migrants enter not only the United States but also developed countries without much of a history of immigration. Some of these nations have switched in a short span of time from being the source of immigrants to being a destination for them. International migration is today ... Read more

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  • Keynes, Post-Keynesianism and Political Economy

    Essays in Honour of Geoff Harcourt, Volume III

    Series series Routledge Frontiers of Political Economy
    Geoff Harcourt has had a major impact on the field of Post-Keynesian economics, not only in his research but also in his teaching. Many of Harcourts students have gone on to make valuable contributions in this field. This volume brings together contributions from thirty such former students, now established in academic institutions around the world ... Read more

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  • Macroeconomics

    The Development of Modern Methods for Policy Analysis

    This important textbook offers a comprehensive look into the two main traditions in contemporary macroeconomics –- New Classical and Keynesian –- and examines the work of economists who have drawn on principles from both traditions to form a new, integrated approach known as New Neoclassical Synthesis. Importantly, this provides the theoretical foundation for much of current mainstream economics ... Read more

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