In the past few decades, and intensified since the global financial crisis of August 2007, heterodox macroeconomics has developed apace and its scope has broadened in a number of directions. The purpose of this volume is to review the "state of the art" in heterodox macroeconomics, its strengths...

1. Critique of the New Consensus Macroeconomics and a Proposal for a More Keynesian Macroeconomic Model- Philip Arestis -- 2. Approaching budget deficits, debts and money in a socially responsible manner- Malcolm Sawyer -- 3. Advances in the Post Keynesian Analysis of Money and Finance- Marc...

This book investigates the changing nature of economic policies following the Global Financial Crisis of 2007-2009. Well-respected, international scholars come together to discuss the level of economic growth following the crisis, concerns over inequality in industrialised countries, and labour...