Competition, technology, and money

About this book

Two distinct schools of economic thought have challenged mainstream economic theory in recent decades. While both the post-Keynesian and classical approaches to economics have been exhaustively contrasted with the neo-classical mainstream, there have been limited attempts to compare them with one another. In Competition, Technology and Money, leading proponents of post-Keynesian and classical economics, broadly defined, consider a series of key issues to compare and contrast the contributions of both schools. The volume is intended to provide much needed guidelines for scholars seeking to understand this heterodox literature. Under the editorship of Mark Glick, respected theoreticians from both the classical and post-Keynesian perspectives have prepared original essays organized by five key subject areas: competition, technological change, finance and credit, macroeconomic modelling and international economics. Some of the essays find common ground between the classical and post-Keynesian approaches while others stress differences and distinctions. Featuring original work by leading classical and post-Keynesian economists, this volume will be welcomed by students, teachers and researchers interested in developing alternatives to the neo-classical paradigm.