Post-Keynesian economists are often accused of neglecting policy in favor of theory, but the economic scholars from Europe and North America here demonstrate either that the charge is
misdirected, or that the phase is turning. They begin by discussing monetary and macroeconomic policy from such perspectives as wage bargaining and monetary policy in a Kalechian monetary
distribution and growth model, and inflation targeting and monetary policy governance by the European Central Bank. Then they turn to macroeconomic policy and the global economy, discussing the
degree of implementation of stabilization and structural policies and their impact on growth, the impact of foreign direct investment on capital formation in Mexico, and other topics. The 12
papers are from a December 2005 conference at the University of Burgundy in Dijon, France. Annotation 穢2009 Book News, Inc., Portland, OR (booknews.com)
