Economic structuralists conduct a system-wide analysis of a given economy, including its social context, which can be particularly valuable in determining why poor countries consistently fail to grow. This textbook studies, from a structuralist perspective, the reasons why a host of developing count[...]
Structuralist macroeconomics has emerged recently as the only viable theoretical alternative for economists and practitioners in developing countries. Lance Taylor's innovative work represents a landmark in this field. It codifies a new generation of structuralist macroeconomic models that incorpora[...]
Lance Taylor focuses his critique on mainstream monetarist, new classical, new Keynesian and growth models. He examines them from a historical perspective, tracing monetarism from its eighteenth-century roots and comparing current monetarist and new classical models with those of the post-Wicksellia[...]
It is now widely agreed that mainstream macroeconomics is irrelevant and that there is need for a more useful and realistic economic analysis that can provide a better understanding of the ongoing global financial and economic crisis. Lance Taylor's book exposes the unrealistic assumptions of the ra[...]
In Global Finance at Risk, two acclaimed economists propose a bold and necessary solution to the financial crises that threaten us all: a World Financial Authority with powers to establish best-practice financial regulation and risk management everywhere.[...]