Post-Keynesian Macroeconomics - Thoughtful Essays on Theory
Post-Keynesian Macroeconomics - Thoughtful Essays on Theory
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In this review of Post-Keynesian Macroeconomics (Routledge Frontiers of Political Economy) the bottom line is clear: this edited volume is best for graduate students, researchers, and historians of economic thought who want a curated set of essays reflecting the breadth of Post-Keynesian perspectives. Edited by Mathew Forstater, Gary Mongiovi, and Steven Pressman, the collection honors Ingrid Rima and gathers contributors such as John Smithin, Laurence Moss and G. C. Harcourt, offering a blend of political economy, labour economics and macroeconomic theory that rewards careful reading and academic use.
Key Features
- Edited collection: A range of essays assembled by three established editors provides diverse viewpoints within the Post-Keynesian tradition, making it useful as a course supplement or research reference.
- Wide topical scope: Chapters cover political economy, labour economics, history of economic thought and macroeconomics, offering interdisciplinary connections rather than a single narrow focus.
- Honours Ingrid Rima: The volume recognises Rima's contributions and includes material that reflects her interests, giving readers historical context for Post-Keynesian development.
- Notable contributors: Essays from figures like John Smithin, Laurence Moss and G. C. Harcourt provide authoritative treatments that readers in the field will recognise and respect.
- Academic tone: The writing is scholarly and detailed, suitable for researchers and advanced students seeking rigorous argument rather than introductory exposition.
Who It's For
This book is aimed at graduate students, academic researchers, and instructors in economics who are specifically interested in Post-Keynesian thought, the history of economic ideas, and intersections with labour and political economy. Its edited nature and range of contributors make it suited to seminar reading lists and advanced coursework.
Readers seeking a concise textbook introduction to mainstream macroeconomics or casual popular economics will likely find the volume dense; those audiences should look for more introductory or textbook-style treatments rather than this scholarly essay collection.
Pros & Cons
Pros
- Brings together respected scholars and contributors for a well-rounded look at Post-Keynesian themes.
- Useful historical perspective that highlights Ingrid Rima's influence on the field.
- Covers multiple subfields-political economy, labour economics and macroeconomics-making it multidisciplinary.
Cons
- Academic and specialised tone may be challenging for readers without prior exposure to Post-Keynesian ideas.
Specifications
| Title | Post-Keynesian Macroeconomics (Routledge Frontiers of Political Economy) |
| Editors | Mathew Forstater, Gary Mongiovi, Steven Pressman |
| Contributors | John Smithin, Laurence Moss, G. C. Harcourt and others |
| Focus areas | Political economy; labour economics; history of economic thought; macroeconomics |
| Purpose | Edited volume honoring Ingrid Rima, collecting essays in Post-Keynesian economics |
Our Verdict
For scholars and advanced students of heterodox economics, Post-Keynesian Macroeconomics is a valuable collection that connects historical insight with contemporary theoretical discussion and honours a significant figure in the field. It represents good value as a reference and seminar text for those who will engage with its academic tone and breadth.
Frequently Asked Questions
Is this book suitable for beginners?
The collection is scholarly and intended for readers with some prior background; beginners should pair it with introductory texts on Post-Keynesian economics.
Does the volume include empirical studies?
The book focuses mainly on theoretical, historical and political economy essays rather than being an empirical methods compendium.
Who edited and contributed to the book?
Editors are Mathew Forstater, Gary Mongiovi and Steven Pressman, with contributors including John Smithin, Laurence Moss and G. C. Harcourt.
Editor's Take
Post-Keynesian Macroeconomics is a valuable edited collection for scholars and advanced students, offering authoritative essays on political economy, labour economics and the history of economic thought.

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