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Owner-Manager Conflict and Financial Theories of Investment Instability: A Critical Assessment of Keynes,Tobin and Minsky

In: Capitalism, Macroeconomics and Reality

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The essays comprising this collection analyze the deep flaws in the methodological foundation of mainstream economic theory, and explain how these flaws make mainstream economics more ideology than sound social science. James Crotty develops alternative theories built on realistic assumptions that can explain most of the disastrous economic and financial developments of the past four decades. His work contributes to the collective creation of a solid theoretical foundation on which to build an understanding of the ‘laws of motion’ of capitalism in the post WWII era.

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  • ., 2017. "Owner-Manager Conflict and Financial Theories of Investment Instability: A Critical Assessment of Keynes,Tobin and Minsky," Chapters, in: Capitalism, Macroeconomics and Reality, chapter 8, pages 196-216, Edward Elgar Publishing.
  • Handle: RePEc:elg:eechap:16605_8
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    Economics and Finance;

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