Evolutionary Financial Macroeconomics

Giorgos Argitis

$273

Hardback

Not in-store but you can order this
How long will it take?

Availability Information

We source books from suppliers in Australia and overseas. For books we don't currently have in stock, the time it takes to get them from our suppliers can vary widely - from a few days to a few months - so we check each book with each supplier to determine the expected time it will take to be supplied to us.

We then advise you accordingly. If the time taken to get any book is too long for you, you can let us know and we will cancel or adjust your order, and refund as required.

To find out the anticipated arrival time for specific items prior to ordering, please contact us by phone or email:

Phone +61 2 9264 3111, or 1800 4 BOOKS (1800 4 26657) if outside Sydney:
option 1 Abbey's Bookshop (Crime, History, Science, Kids & more) • info@abbeys.com.au
option 2 Language Book Centre (ESL & Foreign Languages) • language@abbeys.com.au
option 3 Galaxy Bookshop (Sci-fi, Fantasy, Romance, Graphic Novels) • sf@galaxybooks.com.au

QTY:

English

Routledge
25 September 2019

Economic theory & philosophy; Macroeconomics; Political economy; Economic history

Series: Routledge Critical Studies in Finance and Stability

Thorstein Veblen and Hyman Minsky are seminal thinkers who place great importance on the interaction between processes that link finance and financial markets with economic and social evolution. This book makes a contribution to the recontextualisation of the habitual, non-evolutionary and laissez-faire macroeconomic theory and policy, thus exposing the relevant contribution of the macro-theories of Veblen and Minsky.

The book starts with an elucidation of Veblen’s cultural theory of insufficient private demand, waste and financial fragility and instability. It shows how speculative and parasitic leverage engenders solvency illusions and risk, pecuniary efficiency, low quality liability structures and socially destructive boom-bust cycles. Minsky’s creative destruction liquidity processes and coordination failures of cash flow escalate the aforementioned path-dependent developments and explosive dynamics of capitalist economies. The main themes of the book are the cultural, evolutionary and holistic vision of macroeconomics, the evolving habits of mind, routines and financial institutions, the speculative, manipulated and unstable financial markets, as well as the financial macroeconomic destabilizing effects of pecuniary and parasitic consumption and investment.

This book will be of great interest to researchers, intellectuals and students pursuing economics and finance.

By: Giorgos Argitis
Imprint: Routledge
Country of Publication: United Kingdom
Dimensions: Height: 234mm, Width: 156mm,
Weight: 340g
ISBN: 9781138059962
ISBN 10: 113805996X
Series: Routledge Critical Studies in Finance and Stability
Pages: 150
Publication Date: 25 September 2019
Audience: College/higher education , Primary , A / AS level
Format: Hardback
Publisher's Status: Active

Preface. Introduction 1. Veblen’s Cultural Macroeconomics 2. The pragmatic basis of Veblen’s approach to economic policy 3. Unsustainable asset and liability structures, market processes and Minsky’s macroeconomics 4. Minsky’s institutional stabilisers and endogenous capitalist instability 5. Cultural financial foundations for evolutionary macroeconomics Epilogue

Giorgos Argitis, Professor of Macroeconomics, Department of Economics, National and Kapodistrian University of Athens, Greece.