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Following Ronald Reagan's statement to the Soviet press that living standards in the USSR were a third of that in the USA, this book was written to examine... Læs mere
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The first volume in a series of collected writings by Paul Davidson, this book covers such areas as money, finance, Keynes, monetarism and macroeconomic employment. The collected writings are also available as a complete set.
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The authors of this book argue that the "Scandinavian Model" could be a starting point for a more relevant theory of macroeconomics. The importance of macro dynamics is also stressed for the understanding of inflation, growth and distribution.
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Presents an empirical test of Marx's theory of the "falling rate of profit" by deriving estimates of the Marxian rate of profit and its... Læs mere
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Offshore finance has transformed many small jurisdictions into high income economies and has facilitated the growth of global financial markets, deregulation and the convergence of economic policies worldwide.
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The creation of the ECU in 1979 as part of the newly established European Monetary system was greeted with widespread scepticism, few predicted the success it would have in private financial markets.
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The S&L crisis of the 1990s has given many a reason to review the events which led to a (in many ways) similar banking crisis sixty years ago, and the subsequent... Læs mere
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Although economists have long pointed to the aggregate gains from increased economic integration, the popular perception of globalization is much more... Læs mere
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This book shows how the realistic foundations and stylized facts of Post-Keynesian economics give rise to macroeconomic implications that are different from... Læs mere