Growth, Employment and Inflation: Essays in Honour of John Cornwall

Hardcover

ISBN 10: 0333717945 ISBN 13: 9780333717943

Publisher: Palgrave Macmillan, 1999

For nearly fifty years John Cornwall has been producing novel insights into the workings of capitalist economies. These include contributions to the theory of economic growth, inflation and unemployment, all of which convey his strong convictions about the importance of historical contingency and institutions in determining macroeconomic outcomes. But Cornwall is no idle theorist. Although much economic theory has now devolved into a form of intellectual game playing, Cornwall remains steadfast in his commitment to a socially relevant economics. His motivation for thinking about macro-
economics has always been a keen desire to
better the societies in which we live.

This volume features seventeen essays from internationally renowned scholars, all of whom owe an intellectual debt to John Cornwall. It includes a complete bibliography of Cornwall's work, an intellectual biography by Geoff Harcourt and Mehdi Monadjemi, and chapters on economic methodology and macroeconomic theory, and their practical implications for growth, unemployment and inflation.

Review:

'The book would be profitably read by most macroeconomists...' - Christopher J. Niggle, Review of Political Economy

Synopsis:

This volume collects original contributions and research in economic theory and the political economy of unemployment and inflation. These essays, collected in honour of John Cornwall, demonstrate the importance of economic institutions for economic outcomes and share his focus on the need for high-level economic theory to be socially relevant. The book includes an intellectual biography of the honouree by Geoff Harcourt and Mehdi Monadjemi, and a full bibliography of his work.