Post-Keynesian Essays from Down Under Volume II: Essays on Policy and Applied Economics: Theory and Policy in an Historical Context

Front Matter....Pages i-xiv
Introduction....Pages 1-12
Front Matter....Pages 13-13
Tools of Choice for Fighting Recessions....Pages 15-31
Macroeconomic Impacts of Globalization....Pages 32-47
Exchange Rates and the Macroeconomy in an Era of Global Financial Crises, with Special Reference to Australia....Pages 48-60
A Critique of the New Consensus View of Monetary Policy....Pages 61-68
The Current Financial Crisis: Causes and Policy....Pages 69-78
The Current Crisis Has a Silver Lining....Pages 79-91
The ABC of G and T....Pages 92-94
The Systemic Downside of Flexible Labour Market Regimes: Salter Revisited....Pages 95-99
Political Aspects of “Buffer Stock” Employment....Pages 100-109
How Voluntary Is Unemployment? Two Views of the Phillips Curve....Pages 110-118
Front Matter....Pages 119-119
A Simple Econometric Model of the Australian Economy....Pages 121-137
Can Keynesian Policies Stimulate Growth in Output and Employment?....Pages 138-163
Australian Economic Growth: A Structural Perspective (A Preliminary Report)....Pages 164-173
Corporatism in Australia....Pages 174-196
Structural Change and Economic Growth....Pages 197-208
Why Keynesian Policy was More Successful in the Fifties and Sixties than in the Last Twenty Years....Pages 209-225
The Share of Wages in Income in Australia....Pages 226-231
Inflation in Australia: Causes and Cures....Pages 232-242
The Effects of Immigration on Unemployment....Pages 243-257
Front Matter....Pages 119-119
The Effects of the Immigration of Low-skilled Workers on Unemployment....Pages 258-266
Why Privatize Airports?....Pages 267-277
Front Matter....Pages 279-279
Asia, Japan and the Internationalization of Effective Demand....Pages 281-299
History, Politics and Effective Demand in Asia....Pages 300-314
Stagnation and Economic Conflict in Europe....Pages 315-339
The Changing Patterns of Accumulation and Realization in East Asia since the 1990s....Pages 340-354
The Accumulation Process in Japan and East Asia as Compared with the Role of Germany in European Post-war Growth....Pages 355-367
The EMS and the Bundesbank in Europe....Pages 368-396
The Argentine Crisis....Pages 397-404
Imperialism Today....Pages 405-418
Back Matter....Pages 419-434