Interest in economics is at an all-time high. Americans are debating the proper role of the government in company bailouts the effectiveness of tax cuts versus increased government spending to stimulate the economy, & potential effects of deflation

This volume analyses Keynesian foundations of post-Keynesian economics, focusing on how uncertainty and liquidity revoke Say's law. It explains the key features of Michal Kalecki's analysis of a capitalist economy and examines his macroeconomics in the short-run. It also provides a brief...