Keynesian Economic Policies

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Keynesian Economic Policies

Author : Alain Barrere
Publisher : Springer
Page : 201 pages
File Size : 41,7 Mb
Release : 1990-06-18
Category : Business & Economics
ISBN : 9781349089062

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Keynesian Economic Policies by Alain Barrere Pdf

This collection of essays is a plea for a renewal of policies based on the most fundamental ideas of Keynes as well as on recent developments in economic theory. The papers were first given at an international conference to commemorate the centenary of the birth of John Maynard Keynes.

The Relevance of Keynesian Economic Policies Today

Author : Philip Arestis,M. Sawyer
Publisher : Springer
Page : 242 pages
File Size : 47,9 Mb
Release : 1997-05-13
Category : Business & Economics
ISBN : 9781349254255

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The Relevance of Keynesian Economic Policies Today by Philip Arestis,M. Sawyer Pdf

What can Keynesian economics mean in the 21st century? Do globalisation, inflationary pressures and supply-side constraints make managing demand in a domestic economy impossible? Or could its use to tackle unemployment be put back on the political agenda? These essays examine the potential relevance of Keynesian policies for Europe, America, the developing world and the global economy. There is no common definition, but Keynesianism is throughout seen as more than demand management, with policy proposals to promote investment, strengthen the supply-side and reduce uncertainty.

A Modern Guide to Keynesian Macroeconomics and Economic Policies

Author : Eckhard Hein,Engelbert Stockhammer
Publisher : Edward Elgar Publishing
Page : 393 pages
File Size : 45,6 Mb
Release : 2011-01-01
Category : Business & Economics
ISBN : 9780857931825

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A Modern Guide to Keynesian Macroeconomics and Economic Policies by Eckhard Hein,Engelbert Stockhammer Pdf

This well-documented book will prove to be the essential guide for researchers and graduate students in macroeconomics and political economy. It will also prove inspiring to a wider audience interested in modern Keynesian macroeconomics.

Finance & Development, September 2014

Author : International Monetary Fund. External Relations Dept.
Publisher : International Monetary Fund
Page : 60 pages
File Size : 40,5 Mb
Release : 2014-08-25
Category : Business & Economics
ISBN : 9781475566987

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Finance & Development, September 2014 by International Monetary Fund. External Relations Dept. Pdf

This chapter discusses various past and future aspects of the global economy. There has been a huge transformation of the global economy in the last several years. Articles on the future of energy in the global economy by Jeffrey Ball and on measuring inequality by Jonathan Ostry and Andrew Berg are also illustrated. Since the 2008 global crisis, global economists must change the way they look at the world.

The General Theory of Employment, Interest, and Money

Author : John Maynard Keynes
Publisher : Springer
Page : 404 pages
File Size : 53,6 Mb
Release : 2018-07-20
Category : Business & Economics
ISBN : 9783319703442

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The General Theory of Employment, Interest, and Money by John Maynard Keynes Pdf

This book was originally published by Macmillan in 1936. It was voted the top Academic Book that Shaped Modern Britain by Academic Book Week (UK) in 2017, and in 2011 was placed on Time Magazine's top 100 non-fiction books written in English since 1923. Reissued with a fresh Introduction by the Nobel-prize winner Paul Krugman and a new Afterword by Keynes’ biographer Robert Skidelsky, this important work is made available to a new generation. The General Theory of Employment, Interest and Money transformed economics and changed the face of modern macroeconomics. Keynes’ argument is based on the idea that the level of employment is not determined by the price of labour, but by the spending of money. It gave way to an entirely new approach where employment, inflation and the market economy are concerned. Highly provocative at its time of publication, this book and Keynes’ theories continue to remain the subject of much support and praise, criticism and debate. Economists at any stage in their career will enjoy revisiting this treatise and observing the relevance of Keynes’ work in today’s contemporary climate.

The Policy Consequences of John Maynard Keynes

Author : Wattel,Harold L. Wattel
Publisher : Routledge
Page : 271 pages
File Size : 44,9 Mb
Release : 2017-07-28
Category : Business & Economics
ISBN : 9781315495231

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The Policy Consequences of John Maynard Keynes by Wattel,Harold L. Wattel Pdf

Examines the history, contemporary practice, and policy issues of non-union employee representation in the USA and Canada. The text encompasses many organizational devices that are organized for the purposes of representing employees on a range of production, quality, and employment issues.

Post Keynesian Theory and Policy

Author : Paul Davidson
Publisher : Edward Elgar Publishing
Page : 160 pages
File Size : 43,6 Mb
Release : 2015-08-28
Category : Business & Economics
ISBN : 9781784718251

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Post Keynesian Theory and Policy by Paul Davidson Pdf

How did economic ÒexpertsÓ worldwide fail to predict the financial crisis of 2007-2008? Eminent economist Paul Davidson discusses how mainstream economic theory may not be applicable to the world of experience. Post Keynesian theory is designed to be a

A New Guide to Post-Keynesian Economics

Author : Richard P. F. Holt,Steven Pressman
Publisher : Routledge
Page : 160 pages
File Size : 53,8 Mb
Release : 2001-08-16
Category : Business & Economics
ISBN : 9781134582792

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A New Guide to Post-Keynesian Economics by Richard P. F. Holt,Steven Pressman Pdf

Eichner's classic A Guide to Post-Keynesian Economics (1978) is still seen as the definitive staging post for those wishing to familiarise themselves with the Post-Keynesian School. This book brings the story up-to-date. Of all the subgroups within heterodox economics, Post-Keynesianism has provided the most convincing alternative to mainstream theory. The main representatives of the Post-Keynesianism from both sides of the Atlantic are represented here, including Paul Davidson, Geoff Harcourt and Sheila Dow.

The Return to Keynes

Author : Bradley W. Bateman,Toshiaki Hirai,Maria Cristina Marcuzzo
Publisher : Harvard University Press
Page : 324 pages
File Size : 49,9 Mb
Release : 2010-06-01
Category : Business & Economics
ISBN : 0674053540

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The Return to Keynes by Bradley W. Bateman,Toshiaki Hirai,Maria Cristina Marcuzzo Pdf

Keynesian economics, which proposed that the government could use monetary and fiscal policy to help the economy avoid the extremes of recession and inflation, held sway for thirty years after World War II. However, it was discredited after the stagflation of the 1970s, which not only proved resistant to traditional Keynesian policies but was actually thought to be caused by them. By the 1990s, the anti-Keynesian counter-revolution seemed to reach its pinnacle with the award of several Nobel Prizes in economics to its architects at the University of Chicago. However, with the collapse of the dot-com boom in 2000 and the attacks of 9/11 a year later, the nature of macroeconomic policy debate took a turn. The collapse prompted a major shift in macroeconomic policy, as the Bush administration and other governments around the world began to resort to Keynesian measures--both monetary and fiscal policies--to stabilize the economy. The Keynesian rebirth has been most dramatically illustrated during the past year when central banks have pumped billions of dollars of liquidity into the world's financial system to address the crises of confidence, illiquidity, and insolvency that were triggered by the sub-prime lending crisis. The Return to Keynes puts Keynesian economics in a fresh perspective in order to assess this surprising new era in economic policy making.

Raising Keynes

Author : Stephen A. Marglin
Publisher : Harvard University Press
Page : 921 pages
File Size : 43,6 Mb
Release : 2020-07-14
Category : Business & Economics
ISBN : 9780674971028

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Raising Keynes by Stephen A. Marglin Pdf

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.

Post-Keynesian Principles of Economic Policy

Author : Claude Gnos,Louis-Philippe Rochon
Publisher : Edward Elgar Publishing
Page : 318 pages
File Size : 44,9 Mb
Release : 2006-04-26
Category : Business & Economics
ISBN : 1781956537

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Post-Keynesian Principles of Economic Policy by Claude Gnos,Louis-Philippe Rochon Pdf

Post-Keynesian economics is moving beyond criticism of mainstream economics and is focusing on providing a positive alternative to orthodoxy. This book gathers carefully selected and original papers by a number of distinguished post-Keynesian writers from Europe and the Americas and converges on the principles that should guide post-Keynesian economic policy in the 21st century.

The Impact of Keynes on Economics in the 20th Century

Author : European Society for the History of Economic Thought. Conference
Publisher : Edward Elgar Publishing
Page : 280 pages
File Size : 43,9 Mb
Release : 1999
Category : Biography & Autobiography
ISBN : STANFORD:36105023604452

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The Impact of Keynes on Economics in the 20th Century by European Society for the History of Economic Thought. Conference Pdf

Papers presented at a winter 1997 conference of the European Society for the History of Economic Thought reconsider the nature and significance of Keynes' theories and economic policies, and illustrate the diversity of Keynesianism in different European countries throughout the century. Main themes are Keynesian theory, Keynesian- type policies and theories throughout Europe, and how Keynesian policy has been used by government and non-governmental organizations in an attempt to deal with unemployment and deflation during the 20th century. Pasinetti is a professor of economics at Catholic University, Milan, Italy. Schefold is a professor of economics at Johann Wolfgang Goethe University, Frankfurt am Main, Germany. Annotation copyrighted by Book News, Inc., Portland, OR

The Political Power of Economic Ideas

Author : Peter A. Hall
Publisher : Princeton University Press
Page : 417 pages
File Size : 44,6 Mb
Release : 2020-11-10
Category : Business & Economics
ISBN : 9780691221380

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The Political Power of Economic Ideas by Peter A. Hall Pdf

John Maynard Keynes once observed that the "ideas of economists and political philosophers, both when they are right and when they are wrong, are more powerful than is commonly understood." The contributors to this volume take that assertion seriously. In a full-scale study of the impact of Keynesian doctrines across nations, their essays trace the reception accorded Keynesian ideas, initially during the 1930s and then in the years after World War II, in a wide range of nations, including Britain, the United States, France, Germany, Italy, Japan, and Scandinavia. The contributors review the latest historical evidence to explain why some nations embraced Keynesian policies while others did not. At a time of growing interest in comparative public policy-making, they examine the central issue of how and why particular ideas acquire influence over policy and politics. Based on three years of collaborative research for the Social Science Research Council, the volume takes up central themes in contemporary economics, political science, and history. The contributors are Christopher S. Allen, Marcello de Cecco, Peter Alexis Gourevitch, Eleanor M. Hadley, Peter A. Hall, Albert O. Hirschman, Harold James, Bradford A. Lee, Jukka Pekkarinen, Pierre Rosanvallon, Walter S. Salant, Margaret Weir, and Donald Winch.

Economic Growth and Macroeconomic Stabilization Policies in Post-Keynesian Economics

Author : Hassan Bougrine,Louis-Philippe Rochon
Publisher : Edward Elgar Publishing
Page : 360 pages
File Size : 40,9 Mb
Release : 2020-07-31
Category : Business & Economics
ISBN : 9781786439574

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Economic Growth and Macroeconomic Stabilization Policies in Post-Keynesian Economics by Hassan Bougrine,Louis-Philippe Rochon Pdf

Hassan Bougrine, Louis-Philippe Rochon and the expert contributors to this book explore issues of economic growth and full employment; presenting a clear explanation to stagnation, recessions and crises, including the latest Global Financial Crisis of 2007-8. With a central focus on the role played by government spending, deficits and debt as well as the setting of interest rates, the chapters propose alternative policies that can be used by central banks and fiscal authorities to deal with problems of income inequality, unemployment and slow productivity.

Towards the Managed Economy

Author : Roger Middleton
Publisher : Routledge
Page : 272 pages
File Size : 44,6 Mb
Release : 2013-11-05
Category : Business & Economics
ISBN : 9781136594069

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Towards the Managed Economy by Roger Middleton Pdf

This is a major study of economic policy making in Britain between the wars. It provided the first full-length analysis of the early development of fiscal policy as a tool of modern economic management. The central question addressed is how Keynesian fiscal policies came to be adopted by the British government, with particular attention paid to the role of the Treasury and to that of Keynes himself. Drawing extensively on unpublished documents hitherto untapped by economists or historians, Roger Middleton challenges the widely held view of official economic thinking as an ill-informed group of people holding ‘the Treasury view’ in opposition to Keynes’s prescriptions for deficient demand and mass unemployment. Instead he argues that acceptance of Keynesian economics during the Second World War resulted from political and administrative factors as much as a conversion to Keynesian theory. He investigates the form and impact of fiscal policy during the 1930s and, through a constant employment budget analysis, shows convincingly that at times of rising unemployment governments ignore at their peril the effects of automatic stabilizers upon budgetary stability. Historians and economists welcomed this fresh perspective on a debate of historical as well as contemporary importance. Towards the Managed Economy is essential reading for all those interested in the rise and fall of Keynesian demand management. This classic text was first published in 1985.