In this definitive volume, over 80 distinguished contributors from four continents provide authoritative critical discussion of the principal areas of controversy in post Keynesian economics, including all significant issues in methodology, economic theory, applied economics and policy.
Each entry surveys the relevant literature and highlights the strengths and weaknesses of post Keynesian contributions. The Companion deals with areas of continuing debate inside post Keynesianism and sheds light on the current relationship between post Keynesians, mainstream economics and alternative heterodox schools of thought.
The Elgar Companion to Post Keynesian Economics will be widely read by academic economists, economic policymakers, research students and advanced undergraduate students of economics as well as academics in related social sciences.
"'King provides an excellent introduction to post Keynesian economics... The essays in general are well written and accessible. Highly recommended.' - D.E. Moggride, Choice; 'Dr King's book does not only provide an excellent collection of post Keynesian critical analyses of mainstream economics but an almost complete overview of the entire kaleidoscope of theories which at one time or another dominated economic thought. Yet, in spite of the great number and variety of topics, and the many contributors with sometimes varied ideological backgrounds, the book is not eclectic. Like all other scientific theories, economic theories when they become mainstream are taken as truth, and attention focuses on details upon which Professors stake their careers and reputations. Only when the sheer weight of rectifications becomes overbearing these truths are eventually replaced by others. For this reason Dr King did well to include in the Companion a wide spectrum of post Keynesian critique of mainstream economic thought. But despite the critical attention to detail the book reveals a cultural community of post Keynesian authors in their common approach to crucial issues such as uncertainty and demand-driven employment.' - Y.S. Brenner, Utrecht University, The Netherlands" --