Contemporary Economic Theory

GUGLIELMO CARCHEDI Faculty of Economics and Econometrics, University of AmsterdamBEN FINE Professor of Economics, University of LondonJÖRG HUFFSCHMID Professor of Political Economy and Economic Policy, University of BremenGEORGIOS KATIPHORIS Senior Lecturer, University College LondonLOUKA T. KATSELI Professor of Economics, University of AthensKOSTAS LAPAVITSAS Lecturer in Economics, University of LondonDAVID LAIBMAN Professor of Economics at Brooklyn College, University of New YorkGEORGE LIODAKIS Professor of Economics, Technical University of CreteTHANASSIS MANIATIS Researcher, Center for Planning and Economic ResearchSTAVROS MAVROUDEAS Assistant Professor of Political Economy, University of MacedoniaJOHN MILIOS Associate Professor of Political Economy, National Technical University, AthensDIMITRIS MILONAKIS Lecturer in Economics, University of CreteNIKOS PETRALIAS Professor of Political Economy, University of AthensANWAR M. SHAIKH Professor of Economics, New School for Social ResearchPANOS TSAKLOGLOU Assistant Professor of Economics, Athens University of Economics and BusinessLEFTERIS TSOULFIDIS Assistant Professor of Economics, University of MacedoniaRICHARD WOLFF Professor of Economics, University of Massachusetts

• List of Tables List of Illustrations Preface Acknowledgements Foreword List of Abbreviations Notes on the Contributors Notes on the Discussants Introduction Contemporary Economic Theory: Some Critical Issues; A.Vlachou & G.K.Christou PART I: THE CRITIQUE OF NEOLIBERAL ECONOMIC PARADIGM Privatization: Theory with Lessons from the U.K.; B.Fine Discussion: Comments on' Privatization: Theory with Lessons from the U.K.'; S.Mavroudeas & L.Tsoulfidis Limiting the State versus Expanding It: Criticism of This Debate Itself; R.Wolff Discussion: Comments on 'Limiting the State versus Expanding It: A Criticism of This Debate Itself'; A.Shaikh Explaining Inflation and Unemployment: An Alternative to Neoliberal Economic Theory; A.Shaikh Discussion: Comments on 'Explaining Inflation and Unemployment: An Alternative to Neoliberal Economic Theory'; T.Maniatis & N.Patralias Towards a Simple Analytics of Post-Capitalism: The Cherry Esplanade Conjecture; D.Laibman Discussion: Comments on 'Towards a Simple Analytics of Post-Capitalism: The Cherry Esplanade Conjecture'; D.Milonakis & R.Wolff PART II: THE MONETARY AND ECONOMIC UNION (EMU) OF EUROPE The Common Currency: Prospects and Problems; G.Katiphoris Global Capital Market Integration: Myths and Policy Challenges; L.Katseli Capitalist Globalization and the Emergence of the Monetary and Economic Union of Europe; G.Carchedi Discussion: Comments on 'Capitalist Globalization and the Emergence of the Monetary and Economic Union of Europe'; G.Liodakis & J.Milios Central Bank Independence: A Critical Perspective; K.Lapavitsas Is There Any Alternative for Europe to the Current EMU Project?; J.Huffschmid Discussion: Comments on 'Is There Any Alternative for Europe to the Current EMU Project?; P.Tsakloglou & G.Carchedi Index

"The book deserves to be read by all who are interested in the recent ascendance of Neoliberalism..." - Claude Gnos, Review of Political Economy