Markets, unemployment and economic policy Book

	List of Contributors
	Foreword
	Geoff Harcourt: A tribute by Richard Goodwin
	Introduction
1	Horses for Courses	1
2	Abstraction, Idealization and Economic Theory	16
3	Markets, Madness and Many Middle Ways: Some reflections on the institutional diversity of capitalism	30
4	Efficient Redistribution in a Globally Competitive Economy	43
5	The Fears of Economists	56
6	UK Privatization: Effects on households	68
7	Inequity and Access to Private Education: An overlapping generations model with altruism	80
8	The Accountant in a Turbulent Age: Accounting conventions and the failure of healthy companies	91
9	The Economic Rate of Return and the Accountant	97
10	Corporate Finance and Capital Accumulation	109
11	How Free Should Trade Be Now?	121
12	The Competitive Weaknesses of the UK Economy	133
13	Post-Stalinist System Reform in China and Russia: Contrasts and implications	150
14	Socialism: Goals and efficiency	165
15	Understanding Effective Demand: Capitalism versus socialism	178
16	The Effects of Changes in Aggregate Income Shares on Aggregate Demand	195
17	Macroeconomics and the Distribution of Income	207
18	Provisional Equilibrium and Macroeconomic Theory	223
19	Equilibrium, Path Dependence and Hysteresis in Post-Keynesian Models	238
20	Exploring 'The Original Kalecki Model T': Simplifications and generalizations	254
21	The T-F-M Approach to Production Analysis and the Analysis of Structural Change	265
22	Limits to Relative Price Movements	284
23	The Myths of Free Banking	290
24	Defining and Measuring Unemployment in the United Kingdom: Updating the recent controversy	299
25	High Youth Wages Can Generate General and Persistent Unemployment	315
26	Labour Markets and Competition as an Evolutionary Process	328
27	The Labour Market of Fear	344
28	Workers' Rights and Economic Flexibility	354
29	Changes in the Notions of Unemployment and What That Means for the Poor	364
30	Unemployment Prospects for Modern Capitalism	377
31	The Stock Market and the Corporate Sector: A profit-based approach	389
32	Expanding Employment in the Global Economy: The high road or the low road?	405
33	What are the Constraints on the Pursuit of Keynesian Macroeconomic Policies?	419
34	Post-Keynesian Economic Policies for 'World Prosperity'	431
35	Corporate Restructuring in Europe and the Regulation of Competition	443
36	When Workers Save Nothing and Capitalists Consume Everything: Was Kaldor right about why Latin America had such poor savings performance?	461
37	Growth and Employment: An interpretation of some fundamental transformations in the OECD countries	483
38	Economic Growth and the Balance-of-Payments Constraint Revisited	498
39	Economic Policy in Post-Apartheid South Africa	512
	Geoff Harcourt: a bibliography	526
	Index	535