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Capitalism, Macroeconomics and Reality

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  • James Crotty

Abstract

The essays comprising this collection analyze the deep flaws in the methodological foundation of mainstream economic theory, and explain how these flaws make mainstream economics more ideology than sound social science. James Crotty develops alternative theories built on realistic assumptions that can explain most of the disastrous economic and financial developments of the past four decades. His work contributes to the collective creation of a solid theoretical foundation on which to build an understanding of the ‘laws of motion’ of capitalism in the post WWII era.

Individual chapters are listed in the "Chapters" tab

Suggested Citation

  • James Crotty, 2017. "Capitalism, Macroeconomics and Reality," Books, Edward Elgar Publishing, number 16605.
    • Handle: RePEc:elg:eebook:16605
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    File URL: https://www.elgaronline.com/view/9781784719012.xml
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    Cited by:

    1. Ivan Mendieta‐Muñoz & Doğuhan Sündal, 2022. "Business cycles, financial conditions, and nonlinearities," Metroeconomica, Wiley Blackwell, vol. 73(2), pages 343-383, May.

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    Keywords

    Economics and Finance;

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