Post-Keynesian Economic Theory

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This study explores and develops several areas of post- Keynesian economics including: a monetary theory of production; post-Keynesian price theory; international economics; labour economics; financing aggregate demands; and the liquidity preference theory of interest. The book presents a constructive post-Keynesian critique of contemporary macroeconomic conceptualization and practice. It also illustrates the illusory character of the search for determinate results in the problems of macroeconomics.