
Preface -- Introduction -- Irrational Foundations Of Rational Behaviour In The Standard Paradigm -- Contradictions Of The Marxian Paradigm -- The New Paradigm -- Resolution Of Theoretical And Experimental Puzzles -- Resolution Of Empirical Puzzles In Corporate Finance -- Resolution Of Puzzles In Macroeconomics -- Economic Role Of The State -- The Recent Global Financial Crisis -- Conclusion, Policy And Research Recommendations -- Appendices: A Critique Of Existing Literature. By Kazem Falahati. Includes Bibliographical References And Index.
This book investigates the theoretical limitations of standard and Marxian economic paradigms while proposing a reconstruction of economic theory through a Keynesian lens. Kazem Falahati examines the foundational contradictions within existing financial models, arguing that standard rational behavior assumptions fail to account for empirical realities. By integrating Keynesian principles, the author constructs a framework intended to resolve persistent puzzles in both corporate finance and macroeconomics. The text utilizes a critical analysis of historical economic literature to support its proposed shift in policy and research direction.
What You Will Find
Experts note that this text serves as a specialized critique of mainstream economic modeling. Readers frequently highlight the author's focus on reconciling theoretical frameworks with the practical realities of global financial instability.
Page Count:
204
Publication Date:
2012-01-01
Publisher:
Routledge
ISBN-10:
0203097181
ISBN-13:
9780203097182
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