cover -- Half-title -- Title -- Copyright -- Contents -- Introduction -- PART I. The Link Between Micro and Macro -- 1. Was Alfred Eichner a System Dynamicist? -- What Is System Dynamics? -- Problems, Not Systems -- Circular and Cumulative Causation -- Endogenous Point of View -- Actual Human Decision-Making -- Limiting Factors and Nonlinearities -- Modeling for Understanding and Design, Not Prediction -- Building Confidence in System Dynamics Models -- Evidence From Eichner's Writings -- Eichner's Methods -- Eichner and Feedback -- Eichner and Markup Pricing -- System Dynamics and Markup Pricing -- Comparative Dynamics -- Completely Interdependent (Closed) Systems -- Extending the Macrodynamics of Advanced Market Economies -- The Cybernetics Thread Versus the Servomechanisms Thread -- Nonlinearities -- The Aggregate Markup -- Was Alfred Eichner a System Dynamicist? -- Notes -- References -- 2. Alfred Eichner's Missing "Complete Model": A Heterodox Micro-Macro Model of a Monetary Production Economy -- Micro-Macro Structural Organization of Economic Activity -- Social Framework of the Social Provisioning Process -- Micro-Macro Model of the Monetary Production Economy -- Notes -- References -- 3. Macro Effects of Investment Decisions, Debt Management, and the Corporate Levy -- Investment and Pricing Decisions -- Debt Management -- A Few Macroeconomic Implications -- Conclusion -- References -- 4. Pricing and Financing of Investment: Is There a Macroeconomic Basis for Eichnerian Microeconomic Analysis? -- Conceptualizing Internal Financing Within an Endogenous Money Perspective -- Pricing, Internal Financing, and Investment -- Micro-Macro Link -- Is There an Empirical Basis for Eichner's Analysis of Pricing and Investment? Some Evidence From Canada -- Concluding Remarks -- Appendix: Regression Analysis -- References.

PART II. Competition and the Globalized World -- 5. The Macroeconomics of Competition: Stability and Growth Questions -- The Megacorp -- Financialization and Objectives of the Firm -- Concluding Comment -- Notes -- References -- 6. The Megacorp in a Global Economy -- Eichner's Views on the Pricing, Financing, and Growth of Megacorps -- The Capital Investment Expenditures of Megacorps in the 1990s and Beyond -- The Continuing Significance of the Macrodynamics of Advanced Market Economies -- References -- 7. Pricing and Profits Under Globalized Production: A Post-Keynesian Perspective on U.S. Economic Hegemony -- Globalized Competition -- Markup Pricing Theory With Endogenous Asymmetry of Market Structure -- Markups and the Profit Share in the United States -- Asymmetry as an Obstacle to Industrial Upgrading -- Conclusion: The Political Economy of Balance of Payments Sustainability -- Notes -- References -- PART III. Credit, Money, and Central Banking -- 8. Eichner's Theory of Endogenous Credit-Money -- The Orthodox View of Money -- An Alternative View of Money -- Intersectoral Flows and Macrodynamics -- Bank-Issued Credit-Money -- Central Banking, Monetary Policy, and the Role of the Interest Rate -- The Procyclical Nature of Money -- Notes -- References -- 9. Eichner's Monetary Economics: Ahead of Its Time -- The Starting Point: The Demand for Credit -- The Liquidity Pressure Ratio -- The Defensive Role of the Central Bank -- Flow of Funds Analysis -- Conclusion -- Notes -- References -- 10. Alfred Eichner, Post-Keynesians, and Money's Endogeneity: Filling in the Horizontalist Black Box -- The Post-Keynesian Theory of Endogenous Money -- Post-Keynesians and Money -- Eichner, Money, and Endogeneity -- Conclusion -- Notes -- References -- About the Editors and Contributors -- Index.