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Author : Athol Fitzgibbons
Publisher : Oxford University Press
Page : 217 pages
File Size : 43,9 Mb
Release : 1988
Category : Keynesian economics.
ISBN : 9780198286417
This essay explores the ideas of statesman John Maynard Keynes, describing how he formulated a new system of political economy, as different and inspiring as the political economies of Adam Smith or Karl Marx.
Author : Robert L. Heilbroner,William S. Milberg
Publisher : Cambridge University Press
Page : 148 pages
File Size : 44,9 Mb
Release : 1996-01-26
Category : Political Science
ISBN : 0521497140
A deep and widespread crisis affects modern economic theory, a crisis that derives from the absence of a "vision"--a set of widely shared political and social preconceptions--on which all economics ultimately depends. This absence, in turn, reflects the collapse of the Keynesian view that provided such a foundation from 1940 through the early 1970s, comparable to earlier visions provided by Smith, Ricardo, Mill, and Marshall. The "unraveling" of Keynesianism has been followed by a division into discordant and ineffective camps whose common denominator seems to be their shared analytical refinement and lack of practical applicability. This provocative analysis attempts both to describe this state of affairs, and to suggest the direction in which economic thinking must move if it is to regain the relevance and remedial power it now pointedly lacks.
Author : Athol Fitzgibbons
Publisher : Oxford University Press
Page : 128 pages
File Size : 55,5 Mb
Release : 1988-08-11
Category : History
ISBN : 9780191521515
Keynes's Vision is a readable and thought-provoking essay about the ideas of one of the most influential statesmen of the twentieth century. It shows how John Maynard Keynes formulated a new system of political economy, as different and inspiring as the political economies of Adam Smith or Karl Marx. Keynes based politics and economics on traditional Greek concepts, but his unique system was misunderstood. Athol Fitzgibbons goes back to Keynes's early philosophical works, which have remained neglected or unpublished, and reveals the vision behind them. By tracing it through the Collected Writings, he draws out an unsuspected and evocative theme running through all Keynes's major works. This scholarly study will revise previous ideas about Keynes. It explains in clear language how Keynes understood political and economic matters of significance, and gives a fresh insight into his approach to economic policy.
Author : John Philip Jones
Publisher : Routledge
Page : 240 pages
File Size : 43,7 Mb
Release : 2007-09-12
Category : Business & Economics
ISBN : 9781135979102
John Maynard Keynes was the most influential economist of the 20th Century, whose doctrines had a huge impact on American prosperity in the years following the Second World War. This new book by John Philip Jones describes the main features of Keynes's work, including the fiscal and monetary policies he recommended, together with a detailed tracking of how his theories played out in the American economy. The book focuses on each individual aspect of Keynes's doctrines: his revolutionary emphasis on the economy as a whole (the study that would later become known as macroeconomics); consumer demand and where it leads; investment demand and where it leads; the rate of interest and the influence of monetary policy; the role of government in controlling fiscal policy; and the overarching importance of expectations, optimism and pessimism. The book concludes with the seven major lessons drawn from the American economy in the latter half of the 20th Century and how these lessons were forecast by Keynes. An excellent introduction to Keynes and his legacy for students and non-specialist members of the public who want to know more about how the economy is controlled and stimulated, it is also of considerable interest to students of modern economic history.
Author : Carlo Cristiano
Publisher : Routledge
Page : 262 pages
File Size : 51,9 Mb
Release : 2014-06-13
Category : Business & Economics
ISBN : 9781317703570
A century ago, John Maynard Keynes entered the Treasury to serve his country during the First World War, but as is well known, appalled by the terms of the end-of-war Treaty of Versailles, he abandoned the British delegation, outlining the predictable adverse results in the Economic Consequences of the Peace, published in 1919. Far less well known is his personal and political development that led him to be called to service even before Great Britain entered the conflict. Starting from Keynes’s early political activity, Carlo Cristiano charts the stages through which Alfred Marshall’s young pupil rapidly rose to be one of his country’s major experts on monetary issues. The very young Liberal Imperialist was soon to become a staunch supporter of the liberal government, strongly committed to Lloyd George’s 1909 ‘people’s budget’. Moreover, the good relations he had established during his two years at the India Office of London and his growing expertise in money and finance, made him one of the few who genuinely grasped the functioning of the pre-war gold standard, and an ally of the Treasury and the Bank of England in the struggle within the City for control and management of London’s gold reserves. Abandoning the stereotyped image of Keynes in his early years, so often described as a young connoisseur interested in philosophy and with little inclination for politics, this book sees his perfect fusion of political vision and economic competence in the era of ‘New Liberalism’ as the true wellspring of Keynesianism.
Author : Laurence S. Moss
Publisher : Routledge
Page : 341 pages
File Size : 45,9 Mb
Release : 1996-07-04
Category : Business & Economics
ISBN : 9781134785308
Joseph A. Schumpeter was one of the great economists of the twentieth century. His History of Economic Analsyis is perhaps the greatest contribution to the history of economics, providing a magisterial account of the development of the subject from Ancient Greece to the mid-twentieth century. Schumpeter's views on his predecessors have proved to be a constant source of controversy. Here individual chapters examine such disparate questions as Schumpeter's apparent disregard for the American Institutionalists, his grudging respect for Adam Smith, the perspicacity of his views of Quesnay and his preference for Walras over Pareto. Four chapters are devoted to the early Medieval schools, neglected in all of his writings. Schumpeter's magnum opus is related to the rest of his economic output, especially his views on money and on methodology. With contributions by leading historians of economics from six countries, this volume analyses Schumpeter's contribution to the history of economics, considers its lasting significance, and uses it as a benchmark to assess the current state of the field.
Author : Michael Perelman
Publisher : Routledge
Page : 216 pages
File Size : 41,5 Mb
Release : 1996-06-13
Category : Business & Economics
ISBN : 9781134775361
Most economic theory assumes a pure capitalism of perfect competition. Even when it is recognized that this does not exist, many politicians and captains of industry pay a great deal of lip service to the idea of the market. This book goes beyond the rhetoric to explore how, even in the United States, the most capitalist of all countries, the marke
Author : John B. Davis
Publisher : Springer Science & Business Media
Page : 258 pages
File Size : 48,6 Mb
Release : 2012-12-06
Category : Business & Economics
ISBN : 9789401113922
Interest in John Maynard Keynes's economic, political and philosophical thinking has undergone a tremendous revival in the last decade. The essays and comments collected in this volume were written on a set of themes representative of the current state of interpretation of Keynes's thinking. Some of the topics investigated have received much attention in the past, and some are of more recent interest. In the former category are topics on standard issues in the interpretation of Keynes's economics: the transition in Keynes's thinking from the The Treatise on Money to The General Theory, the nature of the argument in The General Theory, and Keynes's economic policy views. The latter category introduces themes of a wider nature, and includes two papers on Keynes's vision and one on Keynes's philosophical thinking. The strategy adopted in the selection of topics was to review the debates over Keynes's economics from fresh perspectives, and then go on to supply discussions of broader issues concerning the nature of Keynes as a thinker. This collection as a whole adds to our general understanding of Keynes's work, and contributes to the current revival of interest in Keynes.
Author : Marina Bondi,Mike Scott
Publisher : John Benjamins Publishing
Page : 259 pages
File Size : 45,6 Mb
Release : 2010-11-11
Category : Language Arts & Disciplines
ISBN : 9789027287663
This is corpus linguistics with a text linguistic focus. The volume concerns lexical inequality, the fact that some words and phrases share the quality of being key – and thereby reflect or promote important themes – in some textual contexts, while others do not. The patterning of words which differ in their centrality to text meaning is of increasing interest to corpus linguistics. At the same time software resources are yielding increasingly more detailed ways of identifying and studying the linkages between key words and phrases in text databases. This volume brings together work from some of the leading researchers in this field. It presents thirteen studies organized in three sections, the first containing a series of studies exploring the nature of keyness itself, then a set of five studies looking at keyness in specific discourse contexts, and then three studies with an educational focus.
Author : Fausto Vicarelli
Publisher : University of Pennsylvania Press
Page : 212 pages
File Size : 52,8 Mb
Release : 2015-09-30
Category : Business & Economics
ISBN : 9781512819892
This book is a volume in the Penn Press Anniversary Collection. To mark its 125th anniversary in 2015, the University of Pennsylvania Press rereleased more than 1,100 titles from Penn Press's distinguished backlist from 1899-1999 that had fallen out of print. Spanning an entire century, the Anniversary Collection offers peer-reviewed scholarship in a wide range of subject areas.
Author : A. C. Pigou
Publisher : Read Books Ltd
Page : 80 pages
File Size : 55,6 Mb
Release : 2016-08-26
Category : Business & Economics
ISBN : 9781473350595
This antiquarian book contains Arthur Cecil Pigou’s 1950 economic treatise, “Keynes's General Theory - A Retrospective View”. This fascinating monograph will appeal to those with an interest in modern economics, and is not to be missed by collectors of such literature. John Maynard Keynes (1883–1946) was a British economist whose contributions to economic theory have provided the foundation for modern macroeconomics and governmental economic policies. He built on and greatly refined earlier work on the causes of business cycles, and his ideas became the basis for the school of thought known as 'Keynesian economics' and its various offshoots. Arthur Cecil Pigou (1877–1959) was an English economist and lecturer, who was pivotal in the formation and development of the University of Cambridge’s school of economics. Many vintage texts such as this are becoming increasingly rare and expensive, and it is with this in mind that we are republishing this volume now, in an affordable, modern, high-quality edition. It comes complete with a specially commissioned new biography of the author.
Author : Sohei Mizuhara,Jochen Runde
Publisher : Routledge
Page : 288 pages
File Size : 50,9 Mb
Release : 2003-09-02
Category : Business & Economics
ISBN : 9781134382583
John Maynard Keynes is undoubtedly the most influential Western economist of the twentieth century. His emphasis on the nature and role of uncertainty in economic thought is a dominant theme in his writings. This book brings together a wide array of experts on Keynes' thought such as Gay Tulip Meeks, Sheila Dow and John Davis who discuss, analyse and criticise such themes as Keynesian probability and uncertainty, the foundations of Keynes' economics and the relationship between Keynes' earlier and later thought. The Philosophy of Keynes' Economics is a readable and comprehensive book that will interest students and academics interested in the man and his thought.
Author : G R Steele
Publisher : Routledge
Page : 237 pages
File Size : 46,7 Mb
Release : 2002-11-01
Category : Business & Economics
ISBN : 9781134529940
John Maynard Keynes and Friedrich Hayek had serious differences of opinion when it came to assessing the fractured inter-war world. G. R. Steele picks apart this debate and argues persuasively that Hayek's outlook will prove to be the more enduring.
Author : Stephen A. Marglin
Publisher : Harvard University Press
Page : 921 pages
File Size : 51,8 Mb
Release : 2021-06-15
Category : Business & Economics
ISBN : 9780674246201
Back to the future: a heterodox economist rewrites Keynes’s General Theory of Employment, Interest, and Money to serve as the basis for a macroeconomics for the twenty-first century. John Maynard Keynes’s General Theory of Employment, Interest, and Money was the most influential economic idea of the twentieth century. But, argues Stephen Marglin, its radical implications were obscured by Keynes’s lack of the mathematical tools necessary to argue convincingly that the problem was the market itself, as distinct from myriad sources of friction around its margins. Marglin fills in the theoretical gaps, revealing the deeper meaning of the General Theory. Drawing on eight decades of discussion and debate since the General Theory was published, as well as on his own research, Marglin substantiates Keynes’s intuition that there is no mechanism within a capitalist economy that ensures full employment. Even if deregulating the economy could make it more like the textbook ideal of perfect competition, this would not address the problem that Keynes identified: the potential inadequacy of aggregate demand. Ordinary citizens have paid a steep price for the distortion of Keynes’s message. Fiscal policy has been relegated to emergencies like the Great Recession. Monetary policy has focused unduly on inflation. In both cases the underlying rationale is the false premise that in the long run at least the economy is self-regulating so that fiscal policy is unnecessary and inflation beyond a modest 2 percent serves no useful purpose. Fleshing out Keynes’s intuition that the problem is not the warts on the body of capitalism but capitalism itself, Raising Keynes provides the foundation for a twenty-first-century macroeconomics that can both respond to crises and guide long-run policy.
Author : Roger E. Backhouse,Bradley W. Bateman
Publisher : Cambridge University Press
Page : 291 pages
File Size : 46,5 Mb
Release : 2006-06-29
Category : Philosophy
ISBN : 9781139827362
John Maynard Keynes (1883–1946) was the most important economist of the twentieth century. He was also a philosopher who wrote on ethics and the theory of probability and was a central figure in the Bloomsbury Group of writers and artists. In this volume contributors from a wide range of disciplines offer new interpretations of Keynes's thought, explain the links between Keynes's philosophy and his economics, and place his work and Keynesianism - the economic theory, the principles of economic policy, and the political philosophy - in their historical context. Chapter topics include Keynes's philosophical engagement with G. E. Moore and Franz Brentano, his correspondence, the role of his General Theory in the creation of modern macroeconomics, and the many meanings of Keynesianism. New readers will find this the most convenient, accessible guide to Keynes currently available. Advanced students and specialists will find a conspectus of recent developments in the interpretation of Keynes.
