This book is an important step in that direction. It presents a critical examination of the foundations of macroeconomics as developed in the traditions of Marx, Keynes and Kalecki, which are contrasted with the current mainstream.
Sardoni (economics, Sapienza U. of Rome) presents a substantially revised and expanded version of his 1987 Marx and Keynes on Economic Recession now that world economic crisis has undermined the New Classical approach and convinced macroeconomists that recession is possible, and…
In the midst of current global economic conditions, many advocate a return to Marxian and Keynesian traditions in order to better understand the dynamics of market economies. This book provides a critical examination of the foundations of macroeconomics as developed in the tradi…
In this significant new book, Bruna Ingrao and Claudio Sardoni emphasize the crucial importance of considering credit/debt relations and financial markets for a comprehensive understanding of the world in which we live. The book offers both a thorough historical and theoretical …