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Demand Management and the Monetary System: Do Currency Boards and Currency Unions Spell the End for Keynesian Policy?

In: Contemporary Post Keynesian Analysis

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  • Stephanie A. Bell

Abstract

Original articles by leading scholars of post Keynesian economics make up this authoritative collection. Current topics of the greatest interest are covered, such as: perspectives on current economic policy; post Keynesian approaches to monetary theory and policy; economic development, growth and inflation; Kaleckian perspectives on distribution; economic methodology; and history of heterodox economic theory. The contributors explore a variety of prevailing issues including: wage bargaining and monetary policy in the EMU; the meaning of money in the internet age; stability conditions for small open economies; and economic policies of sustainable development in countries transitioning to a market economy. Other enduring matters are examined through the lens of economic theorists – Kaleckian dynamics and evolutionary life cycles; a comparison between Keynes's and Hayek's economic theories; and an analysis of the power of the firm based on the work of Joan Robinson, to name a few.

Suggested Citation

  • Stephanie A. Bell, 2005. "Demand Management and the Monetary System: Do Currency Boards and Currency Unions Spell the End for Keynesian Policy?," Chapters, in: L. Randall Wray & Mathew Forstater (ed.), Contemporary Post Keynesian Analysis, chapter 6, Edward Elgar Publishing.
    • Handle: RePEc:elg:eechap:3161_6
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    Cited by:

    1. Pavel Trunin & Sergey Narkevich, 2013. "Prospects for the Russian Ruble to Become Regional Reserve Currency," Working Papers 118, Gaidar Institute for Economic Policy, revised 2015.
    2. Narkevich, Siarhei & Trunin, Pavel, 2013. "Prospects for the Russian Ruble as a Regional Reserve Currency," Published Papers dok2, Russian Presidential Academy of National Economy and Public Administration.

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    Keywords

    Economics and Finance;

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