This ambitious book seeks both to revive and revise the idea of ?functional finance?. Followers of this doctrine believe that government budgets should concentrate solely on the macroeconomic impact on the economy, rather than reflecting a concern for sound finance and budgetary discipline....

Edited by three very well known academics in the field and contributed to by John Smithin, Laurence Moss and G. C. Harcourt, this volume reflects the breath of the honouree\'s interests and as such it covers a wide range of topics including political economy, labour economics, history of economic thought and macroeconomics....

Economic ideas and trends play a crucial yet little-understood role in the development of the world in which we live and are therefore vital to understanding our society today. From mercantilists through Keynesians to modern economic thought, this handbook covers 50 of the greatest minds and 10 core theories....