The first version of this book was published in 1992 as Foundations of Post-Keynesian
Economic Analysis. Ten years later, in 2002, I was asked to write a new edition; in fact …

This article reviews the 'pro-poor'macroeconomic policy alternative to the Washington
consensus. The pro-poor approach draws heavily on heterodox economic theory, and offers …

A conference was held under the aegis of the UK's 'Government Economic Service', 30
November 2005, under the title 'Is There a New Consensus in Macroeconomics?', and a …

Presenting an in-depth overview of the foundations and developments of post-Keynesian
macroeconomics since Kalecki and Keynes, this timely book develops a comprehensive …

This article is linked to some recent attempts at including a noncapacity creating
autonomous expenditure category as the driver and determinant of growth into Kaleckian …

In this paper the main developments in post-Keynesian macroeconomics since the mid
1990s will be reviewed. For this purpose the main differences between heterodox …

This paper argues that the re-emergence of stagnation tendencies in modern capitalism can
be related to financialisation and its macroeconomic failures leading to the recent crises …

This paper argues that the European Union (EU) has gone further than any other country or
institution in internalising the prescriptions of the Washington Consensus. Embedding …

Alongside an emphasis on monetary policy, rather than fiscal policy, has gone the
development of what now may be termed a 'new consensus' in macroeconomics and …

Empirical works documenting highly persistent effects of negative demand shocks
('hysteresis') have questioned the prevailing wisdom that potential output is exogenous to …