Subverting Say's Law. Harlan McCracken and the Commons Keynes connection

Steven Kates

Chapter 1 in Financial Instability and Economic Security after the Great Recession, 2011, pp 15-27 from Edward Elgar Publishing

Abstract: This timely book rethinks economic theory and policy by addressing the problem of economic instability and the need to secure broadly shared prosperity. It stresses that advancing economics in the wake of the Great Recession requires an evolutionary standpoint, greater attention to uncertainty and expectations, and the integration of finance into macroeconomics. The result is a broader array of policy options – and challenges – than conventional economics presents.

Keywords: Economics and Finance (search for similar items in EconPapers)
Date: 2011
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