Complexity, Endogenous Money and Macroeconomic Theory: Essays in Honour of Basil J. Moore

Complexity, Endogenous Money and Macroeconomic Theory: Essays in Honour of Basil J. Moore book cover

Complexity, Endogenous Money and Macroeconomic Theory: Essays in Honour of Basil J. Moore

Author(s): Mark Setterfield

  • Publisher: Edward Elgar Publishing Ltd
  • Publication Date: 27 Sept. 2006
  • Language: English
  • Print length: 448 pages
  • ISBN-10: 1843769875
  • ISBN-13: 9781843769873

Book Description

During a distinguished career, Basil Moore has made numerous important contributions to macroeconomics and monetary economics, and is renowned as the progenitor of the ‘horizontalist’ analysis of endogenous money. More recently, he has embraced complexity theory as part of an ongoing effort to understand macroeconomics as an evolving, path-dependent process. This book celebrates and explores Basil Moore’s interests in and contributions to monetary and macroeconomic theory.

Complexity, Endogenous Money and Macroeconomic Theory features original essays by internationally acclaimed and expert authors. It comprises a selection of papers on five distinct but interrelated themes: economic concepts, tools and methodology; complexity, uncertainty and path dependence; the macroeconomics of endogenous money; the macroeconomics of exogenous interest rates; and unemployment, inflation and the determination of aggregate income. These papers combine to provide a comprehensive methodological and theoretical discussion of the macroeconomics of a monetary-production economy.

The book will be of interest to professionals and research students in the fields of macroeconomics and monetary economics – especially those with an interest in the Post Keynesian approach to analyzing these fields, including the wide audience that has been reached by the contributions of Basil Moore himself.

Editorial Reviews

Review

‘That the chapters in the volume cover such a wide range of important, often fundamental, topics is a proper tribute to Basil Moore’s influence and contributions over his working life.’ — From the foreword by G.C. Harcourt, University of New South Wales, Australia

About the Author

Edited by Mark Setterfield, New School for Social Research, New York, US

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