Tuesday, July 5, 2011

Post Keynesian Textbooks

There are a vast number of textbooks that teach economics from the mainstream neoclassical perspective, or what we call the new consensus macroeconomics.

Post Keynesian economics textbooks are also available, and the following ones are important:
Tarshis, Lorie. 1947. The Elements of Economics: An Introduction to the Theory of Price and Employment, Houghton Mifflin Co., Boston.

Robinson, J. and J. Eatwell. 1973. An Introduction to Modern Economics, McGraw-Hill, Maidenhead.

Eichner, Alfred S. 1991. The Macrodynamics of Advanced Market Economies (rev. edn), M. E. Sharpe, Armonk.

Arestis, Philip. 1992. The Post-Keynesian Approach to Economics: An Alternative Analysis of Economic Theory and Policy, Edward Elgar Publishing, Aldershot, Hants, England.

Arestis, Philip. 1994. Post-Keynesian Approach to Economics: Alternative Analysis of Economic Theory and Policy (new edn), Edward Elgar Publishing.

Lavoie, Marc. 1992. Foundations of Post-Keynesian Economic Analysis, Edward Elgar Publishing, Aldershot, UK.

Lavoie, Marc. 1994. Foundations of Post-Keynesian Economic Analysis (new edn), Edward Elgar Publishing.

Davidson, Paul. 1994. Post Keynesian Macroeconomic Theory: Foundation for Successful Economic Policies for the Twenty-First Century, Edward Elgar Publishing, Aldershot.

Palley, Thomas I. 1996. Post Keynesian Economics: Debt, Distribution, and the Macro Economy, St. Martin’s Press, New York.

Davidson, Paul. 2011. Post Keynesian Macroeconomic Theory: Foundation for Successful Economic Policies for the Twenty-First Century (2nd edn), Edward Elgar Publishing, Cheltenham.
Tarshis (1947) and Robinson and Eatwell (1973) are more of historical interest now, while Philip Arestis (1992; 1994), Thomas Palley (1996), and Paul Davidson (1994; 2011) are the best, modern works. Marc Lavoie (1992; 1994) gives the most advanced treatment.


EXTENDED BIBLIOGRAPHY

Arestis, Philip. 1992. The Post-Keynesian Approach to Economics: An Alternative Analysis of Economic Theory and Policy, Edward Elgar Publishing, Aldershot, Hants, England.

Arestis, Philip. 1994. Post-Keynesian Approach to Economics: Alternative Analysis of Economic Theory and Policy (new edn), Edward Elgar Publishing.

Davidson, Paul. 1994. Post Keynesian Macroeconomic Theory: Foundation for Successful Economic Policies for the Twenty-First Century, Edward Elgar Publishing, Aldershot.

Davidson, Paul. 2011. Post Keynesian Macroeconomic Theory: Foundation for Successful Economic Policies for the Twenty-First Century (2nd edn), Edward Elgar Publishing, Cheltenham.

Downward, Paul, 1998. Pricing Theory in Post Keynesian Economics: A Realist Approach, Edward Elgar, Cheltenham.

Eichner, Alfred S. 1991. The Macrodynamics of Advanced Market Economies (rev. edn), M. E. Sharpe, Armonk.

King (ed.), J. E. 2003. The Elgar Companion to Post Keynesian Economics, Edward Elgar Publishing, Cheltenham, UK and Northhampton, MA. xiv–xvii.

Lavoie, Marc. 1992. Foundations of post-Keynesian Economic Analysis, Edward Elgar Publishing, Aldershot.

Lavoie, Marc. 1994. Foundations of Post-Keynesian Economic Analysis (new edn), Edward Elgar Publishing.

Lavoie, Marc. 2009. An Introduction to Post-Keynesian Economics (rev. edn), Palgrave Macmillan, Basingstoke.

Lee, Frederic S. 1998. Post-Keynesian Price Theory, Cambridge University Press, Cambridge.

Niggle, C. J. 1994. Review of Foundations of Post-Keynesian Economic Analysis by Marc Lavoie,” Journal of Economic Issues 28.4: 1303–1308.

Palley, Thomas I. 1996. Post Keynesian Economics: Debt, Distribution, and the Macro Economy, St. Martin’s Press, New York.

Pasinetti, L. L. 2005. “The Cambridge School of Keynesian Economics,” Cambridge Journal of Economics 29.6: 837–848.

Robinson, J. and J. Eatwell. 1973. An Introduction to Modern Economics, McGraw-Hill, Maidenhead.

Tarshis, Lorie. 1947. The Elements of Economics: An Introduction to the Theory of Price and Employment, Houghton Mifflin Co., Boston.

6 comments:

  1. One can read/download The Elements of Economics here:http://www.archive.org/details/elementsofeconom030865mbp

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  2. Are these for people who already have a background in economics or are majoring in the field? Have anything to recommend to someone who studies economics for a hobby or is a complete beginner?

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  3. "Have anything to recommend to someone who studies economics for a hobby or is a complete beginner? "

    Yes, there are some good popular books:

    Skidelsky, Robert J. A. 2010. Keynes: The Return of the Master (rev. and updated edn.), Penguin, London.

    Davidson, Paul. 2009. The Keynes Solution: The Path to Global Economic Prosperity (1st edn.), Palgrave Macmillan, New York and Basingstoke.

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  4. Kevin,

    I had no idea you could download Lorie Tarshis's book!

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  5. This blog is excellent. But I think it lacks the most important post it should have: What makes Post Keynesianism a distinct school of thought? That's one the public will enjoy.

    :)

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  6. I want to know whether Paul Krugman book on basic economics is compatible with Post Keynesianism and whether should I read that book ?

    ReplyDelete