'Professor Robin Marris, who almost thirty years ago made pioneering contributions on the theory of managerial capitalism, has now written a fascinating and hig

Macroeconomics is in disarray. No one approach is dominant, and an increasing divide between theory and empirics is evident. This book presents both a critique

In this book, the authors reconceptualize existing macroeconomics by treating equilibria as statistical distributions, not as fixed points.

The 2007–2008 financial crisis exposed the shortcomings of mainstream economic theory with economists unprepared to deal with it. In the face of this, a major

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