© 2018

Alternative Approaches in Macroeconomics

Essays in Honour of John McCombie

  • Philip Arestis

Table of contents

  1. Front Matter
    Pages i-xvii
  2. Philip Arestis
    Pages 1-21
  3. João P. Romero, Gustavo Britto
    Pages 235-267
  4. Back Matter
    Pages 355-362

About this book


This book honours Professor John McCombie’s retirement by exploring a variety of themes, theories and debates in non-orthodox macroeconomics. With contributions from leading scholars, the book covers diverse ground in economic thought, policy, empirical work and modelling. It demonstrates ongoing presumptions and asks probing questions of topical questions from the increase of income equality to the international variation of productivity investment. This collection will appeal to academics and students with an interest in the history of macroeconomic thinking.


non-orthodox macroeconomics New Keynesian Theory John McCombie economic theory economic policy Neoclassical Synthesis Keynesianism New Keynesianism Theory Keynes’s General Theory Macroeconomic Theory and Economic Policies Financial Instability and Speculative Bubbles Financialisation Mesoeconomics Urban Growth in South Asia Income Inequality Exchange Rates

Editors and affiliations

  • Philip Arestis
    • 1
  1. 1.Department of Land EconomyUniversity of CambridgeCambridgeUnited Kingdom

About the editors

Philip Arestis is Professor and Director of Research, Cambridge Centre for Economics and Public Policy, Department of Land Economy, University of Cambridge, UK, and Professor of Economics at the Department of Applied Economics V, University of the Basque Country, Spain. He is also Distinguished Adjunct Professor of Economics, University of Utah, US, and Research Fellow, Levy Economics Institute, New York, US. He served (2005-2013) as Chief Academic (External) Adviser to the UK Government Economic Service (GES) on Professional Development in Economics. He is holder of the ‘Queen Victoria Eugenia’ award of the British Hispanic Chair of Doctoral Studies, and has been awarded ‘homage’ by the Brazilian Keynesian Association (AKB) for his contribution to Economics in Brazil. Holder of the FAcSS (Fellow of the Academy of Social Sciences). He has published as sole author or editor, as well as co-author and co-editor, a number of books and papers in academic journals.

Bibliographic information