Macroeconomics of Growth Cycles and Financial Instability Piero Ferri Professor of Economics, University of Bergamo, Italy NEW DIRECTIONS IN MODERN ECONOMICS Edward Elgar Cheltenham, UK • Northampton, MA, USA Contents Preface ...

1. Introduction -- Part I: basic concepts -- 2. Piketty's contribution -- 3. Measurement -- 4. Inequality and aggregate demand -- Part II: endogenous dynamics and instability -- 5. Aggregate demand, growth and instability -- 6. Wealth, public debt and instability -- 7. Recursive workhorses --...