The Megacorp and Macrodynamics

Milberg, William

These essays on Post-Keynesian economics critically examine and extend ideas in Eichner's "The Macrodynamics of Advanced Market Economies". They are organized in seven sections that correspond to areas of economics in which Eichner made a significant contribution.

Chapter 1 Introduction: Social Thought and Social Change'"Alfred Eichner's Vision of a New Economics, William Milberg; Part 1 The Megacorp; Chapter 2 The 'œMegacorp'?: Eichner's Contribution to the Theory of the Firm, Nina Shapiro; Chapter 3 Demand, Pricing, and Investment, Edward J. Nell; Chapter 4 Finance and the Growth of Corporations: A Flow-of-Funds Approach, Matthew V. Fung; Part 2 Productivity and Technical Change; Chapter 5 The Integration of Household Structure and Industrial Structure: An Extension of the Input-Output Model, Eileen Appelbaum; Chapter 6 An Evolutionary Model of Technical Change with Markup Pricing, E. Ray Canterbery; Chapter 7 Technical Change in the Corporate Economy: A Vertically Integrated Approach, William Milberg, Bruce Elmslie; Part 3 Macrodynamics; Chapter 8 The Integration of Micro and Macroeconomics through Macrodynamic Megacorps, J.A. Kregel; Chapter 9 The Real Wage and Growth Trade-off in Post Keynesian Economics, Brian de Uriarte; Part 4 Money; Chapter 10 Macrodynamics, the Flow of Funds, and the Monetary-Financial System, Andrea Terzi; Chapter 11 The Macroeconomics of the Megacorp's Determination of the Markup, Johan Deprez; Chapter 12 Eichner's Approach to Money and Macrodynamics, Paul Davidson; Part 5 Modeling the Post-Keynesian Alternative; Chapter 13 An Outline of a Short-period Post Keynesian Model for the Brazilian Economy, Fernando J. Cardim de Carvalho, Luiz Chrysostomo de Oliveira Filho; Chapter 14 Export-led Growth: A New Interpretation, John Cornwall, Wendy Cornwall; Chapter 15 Competing Microeconomic Theories of Industrial Profits: An Empirical Approach, Eduardo M. Ochoa, Mark Glick; Part 6 Methodology; Chapter 16 Toward a New Macroeconomic History, Richard B. Du Boff; Chapter 17 Alfred Eichner and the Revival of Empirical Economics, Fritz W. Efaw; Chapter 18 The Pervasive Proposition, 'œWhat Is, Is and Ought to Be'?: A Critique, Warren J. Samuels; Part 7 European Perspectives; Chapter 19 Economic Policies in a Post-Keynesian World, Philip Arestis; Chapter 20 At the Source of Alfred Eichner's Post-Keynesian Economics: A Personal Note, Luigi L. Pasinetti;