Titlebook: Microeconomics, Macroeconomics and Economic Policy; Essays in Honour of Philip Arestis Book 2011 Palgrave Macmillan, a division of Macmill

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Bringing Together the Horizontalist and the Structuralist Analyses of Endogenous Moneyen-minded’ approach to economics, which had led him first to revive and then make ground-breaking contributions to Kaleckian economics from the 1970s onwards. This chapter supports this view. In his early academic career Malcolm published important empirical papers on the nature of modern capitalist

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The Influence of Micha? Kalecki on Joan Robinson’s Approach to Economicsof issues have had major impacts, particularly on heterodox economics. This chapter examines the significant communications between them, concentrating on the major cross-influences which were apparent from their first meeting.

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A Keynes-Kalecki Model of Cyclical Growth with Agent-Based Features 1982), he advocated a Kaleckian alternative to mainstream Keynesianism and monetarism, featuring: (i) explicit description of cost-plus pricing by firms and wage bargaining by workers in a non-marginalist theory of value and distribution; and (ii) the importance of both accelerator effects and (fol

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Unsurprising to Keynes, Shocking to Economists: The Normalisation of Capital Controls in the Global tant interventions in debates over economic policies, particularly in the European context. He has been a leading force in the revitalisation and increased professional standing of heterodox economics research around the world. This immense contribution to our profession has been manifest in many di

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