First paragraph: As befits the Post-Keynesian perspective of this forum, the books being reviewed here are related to time: Lawlor (2006) deals with antecedents of Keynes’s General Theory; Tily (2007) mainly with what happened to it afterwards. Michael Lawlor has done us an important service,...

First paragraph: In these dissembling, Harry Potterish, times it is rare to find an ambitious book that reads up to its declared ambition. Geoff Tily’s book is just such a work, and its aim is nothing less than to change our view of Keynes. This endeavour, much like unravelling the meaning of...

First paragraph: »In Economics you can not convict your opponent of error, you can only convince him of it. And even if you are right you cannot convince him […] if his head is already so filled with contrary notions that he cannot catch the clues to your thought which you are trying to throw...

First paragraph: It is, no doubt, impressive to see that Professor Davidson is able to gather from a mere twopage text what the head of its author is »filled up with« (he uses this expression twice). Having read many books and articles written by Paul Davidson I, for my part, would not dare to...

First paragraph: The Post-Keynesian Economics Study Group (or PKSG, as it is usually abbreviated) was founded in 1988 by Philip Arestis and Victoria Chick with financial support from the UK Economic and Social Research Council (ESRC). The purpose of the Study Group is to encourage collaboration...

First paragraph: During the recent decades the financial sectors of developed and developing countries as well as global financial relations have changed remarkably. The overall importance of financial factors for real investment and growth of non-financial business has risen, as has the...

Books reviewed: Becker, Joachim/Weissenbacher, Rudy (2007): Dollarization, Euroization and Financial Instability. Central and Eastern European Countries between Stagnation and Financial Crisis?, Marburg Arestis, Philip/Sawyer, Malcolm (eds.) (2006): A Handbook of Alternative Monetary Economics...