ABSTRACT

Alfred Eichner's pioneering contributions to post-Keynesian econmics offered significant insights on the way modern economies and institutions actually work. Published in 1987, his "Macrodynamics of Advanced Market Economies" contains rich chapters on dynamics and growth, investment, finance and income distribution, a timely chapter on the State and fiscal policy, and two analytical chapters on endogenous money that are years ahead of their time. Featuring chapters by many of Eichner's disciples, this book celebrates his rich contributions to post-Keynesian economics, and demonstrates that his work is in many ways as valid today as it was over two decades ago.

part I|80 pages

The Link Between Micro and Macro

chapter 2|21 pages

Alfred Eichner's Missing “Complete Model”

A Heterodox Micro-Macro Model of a Monetary Production Economy

chapter 4|22 pages

Pricing and Financing of Investment

Is There a Macroeconomic Basis for Eichnerian Microeconomic Analysis?

part II|56 pages

Competition and the Globalized World

chapter 5|13 pages

The Macroeconomics of Competition

Stability and Growth Questions

chapter 6|20 pages

The Megacorp in a Global Economy

chapter 7|21 pages

Pricing and Profits Under Globalized Production

A Post-Keynesian Perspective on U.S. Economic Hegemony

chapter 9|17 pages

Eichner's Monetary Economics

Ahead of Its Time

chapter 10|14 pages

Alfred Eichner, Post-Keynesians, and Money's Endogeneity

Filling in the Horizontalist Black Box