On the changing role of prices in transformational growth : rethinking Solow and Kaldor / Edward Nell -- On the dismal state of a dismal what? / Heinz Kurz -- Alfred Marshall as a father of modern economics / Nobuhiro Ito -- Keynes and modern macroeconomics / Willi Semmler and Gang Gong -- Stagnation dynamics and Keynes's general theory / Yoshiyasu Ono -- Monetary stabilization policy by means of Taylor rule in a dynamic Keynesian model with capital accumulation / Toichiro Asada -- Balance sheet business cycles / Ryuzo Kuroki -- The profit squeeze in Japan during the 1990s / Takeshi Ikeda -- Household asset accumulation and capital gain in the U.S. / Toru Kitahara -- The long-run and the short-run effects of fiscal policy : simulation analysis with forward-looking macro-econometric model / Ryokichi Chida -- What does the long-term rate depend on? : Fisher effect vs. liquidity premium / Toru Nagahara -- The politics of fixing financial crises : liquidity versus solvency / Andrew Dewit, Masaru Kaneko and Yukiko Yamazaki.