The Crisis In Keynesian Economics

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Crisis In Keynesian Economic

Author : John Hicks
Publisher : Unknown
Page : 104 pages
File Size : 44,5 Mb
Release : 1975-02-10
Category : Business & Economics
ISBN : UOM:49015000892670

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Crisis In Keynesian Economic by John Hicks Pdf

The Crisis of Keynesian Economics (Routledge Revivals)

Author : Geoffrey Pilling
Publisher : Routledge
Page : 184 pages
File Size : 48,8 Mb
Release : 2014-05-01
Category : Business & Economics
ISBN : 9781317675594

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The Crisis of Keynesian Economics (Routledge Revivals) by Geoffrey Pilling Pdf

Geoffrey Pilling’s treatment of this complex issue in political economy, first published in 1986, concentrates on a review of Keynes’ writings rather than the vast literature that has developed surrounding his work since the Second World War. It does, however, consider the work of the ‘Left Keynesians’, in particular that of Joan Robinson. The Crisis of Keynesian Economics has the potential to throw fresh light on some of the issues facing political leaders today, particularly so given that much of the Neo-Capitalist economic orthodoxy established during the 1980s has come under fresh criticism in recent years.

The Crisis in Keynesian Economics

Author : John Hicks
Publisher : Unknown
Page : 85 pages
File Size : 44,8 Mb
Release : 1974
Category : Keynesian economics
ISBN : LCCN:10071503

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The Crisis in Keynesian Economics by John Hicks Pdf

The Fall and Rise of Keynesian Economics

Author : John Eatwell,Murray Milgate
Publisher : Oxford University Press
Page : 449 pages
File Size : 52,5 Mb
Release : 2011-06-16
Category : Business & Economics
ISBN : 9780199777693

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The Fall and Rise of Keynesian Economics by John Eatwell,Murray Milgate Pdf

The simple message of Eatwell & Milgate's Fall and Rise of Keynesian Economics is that it was inevitable that Keynesian economics would rise again when circumstances conspired to make it apparent that conventional macroeconomic thinking had lost its way and was unable to explain satisfactorily the most outstanding feature of our actual experience: financial instabilty and its effect on real economic activity.

The Fall and Rise of Keynesian Economics

Author : John Eatwell,Murray Milgate
Publisher : Oxford University Press
Page : 448 pages
File Size : 40,5 Mb
Release : 2011-04-18
Category : Business & Economics
ISBN : 9780199877683

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The Fall and Rise of Keynesian Economics by John Eatwell,Murray Milgate Pdf

During the 1970s, monetarism and the new classical macroeconomics ushered in an era of neoliberal economic policymaking. Keynesian economics was pushed aside. It was almost forgotten that when Keynesian thinking had dominated economic policymaking in the middle decades of the twentieth century, it had coincided with postwar economic reconstruction in both Europe and Japan, and the unprecedented prosperity and stable growth of the 1950s and 1960s. The global financial crisis of 2007-2009 and the recession that followed changed all that. Influential voices in both academic economics and amongst policy-makers and commentators began to remind us how useful Keynesian ways of thinking could be, especially in coming to terms with our current economic predicaments. When politicians across the globe were confronted with economic crisis, they introduced pragmatic and workable measures that bore all the hallmarks of Keynesianism. This book is about the fall and rise of Keynesian economics. Eatwell and Milgate range widely across the landscape that defines their subject matter. They consider how powerful Keynesian ideas can be when applied to past and present economic problems. They show how helpful these ideas are in explaining why we came to find ourselves in the disorder we are in. They examine where and how the analytical and methodological foundations of conventional macroeconomic wisdom went wrong. They set out a blueprint for an alternative that provides a clearer, more consistent, and more applicable approach to understanding how markets work. They also highlight the interpretive shortcomings that have come to characterize Keynes scholarship itself. They do all of this within the context of a provocative reconsideration of some of the most pressing economic problems that confront financial markets and the global economy today. They conclude that Keynesian ideas are not just for crises, but for constructive economic policy making at all times.

Crisis and the Failure of Economic Theory

Author : Giancarlo Bertocco
Publisher : Edward Elgar Publishing
Page : 256 pages
File Size : 46,9 Mb
Release : 2017-03-14
Category : Electronic
ISBN : 9781785365355

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Crisis and the Failure of Economic Theory by Giancarlo Bertocco Pdf

Economists have rightly been criticized for not having foreseen the crisis that exploded in 2007–2008. As Giancarlo Bertocco eloquently argues, responsibility does indeed rest heavily on their shoulders. By developing a theory which excluded the possibility that a catastrophic crisis could ever happen, the economics profession has justified decisions and behaviours that caused the Great Recession. This book presents an alternative theoretical approach built on the lessons of Marx, Keynes, Schumpeter, Kalecki, Kaldor and Minsky, which highlights the structural instability of a capitalist economy and the endogenous nature of the current crisis.

Post-Keynesian Views of the Crisis and its Remedies

Author : Óscar Dejuán,Eladio Febrero Paños,Jorge Uxo Gonzalez
Publisher : Routledge
Page : 318 pages
File Size : 51,5 Mb
Release : 2013-08-21
Category : Business & Economics
ISBN : 9781134052158

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Post-Keynesian Views of the Crisis and its Remedies by Óscar Dejuán,Eladio Febrero Paños,Jorge Uxo Gonzalez Pdf

At the end of the 20th century, mainstream economics was based on theories which viewed capitalism as a self-regulating system, whereby crises come about due to external shocks and would be automatically corrected by the price mechanism if it was flexible enough. Post-Keynesian economists, however, consider that the business cycle and the crises are endogenously generated. They recommend active policies as a response, though the remedies may be worse than the illness if they are not applied at the right moment and in the right proportions. The first great recession of the 21st century offers post-Keynesian economists an opportunity to prove the realism of their models. It is also a chance to make theoretical improvements, to abandon some hypotheses and to introduce new ones. This book, from a top group of international economists, analyzes the causes, consequences and evolution of the crisis from a variety of post-Keynesian perspectives. It then presents a case for realistic and essential remedies. The book is both theoretical and applied, with a global reach and a particular focus on the European debt crisis.

What’s Wrong with Keynesian Economic Theory?

Author : Steven Kates
Publisher : Edward Elgar Publishing
Page : 288 pages
File Size : 50,5 Mb
Release : 2016-08-26
Category : Business & Economics
ISBN : 9781785363740

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What’s Wrong with Keynesian Economic Theory? by Steven Kates Pdf

Possibly the strangest phenomenon in all of economics is the absence of a long tradition of criticism focused on Keynesian economic theory. Keynesian demand management has been at the centre of some of the worst economic outcomes in history, from the great stagflation of the 1970s to the lost decade and more in Japan following the expenditure program of the 1990s. And once again, following the Global Financial Crisis, it is incontrovertible that no stimulus program in any part of the world has been a success, each one having been abandoned as conditions deteriorated under the weight of public sector spending. This book brings together some of the most vocal critics of Keynesian economics. Each author attempts to explain what is wrong with Keynesian theory in ways that can be understood by those seeking guidance on where to turn for a more accurate explanation of the business cycle and on what to do when recessions occur.

The Crisis of Vision in Modern Economic Thought

Author : Robert L. Heilbroner,William S. Milberg
Publisher : Cambridge University Press
Page : 148 pages
File Size : 49,6 Mb
Release : 1996-01-26
Category : Political Science
ISBN : 0521497140

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The Crisis of Vision in Modern Economic Thought by Robert L. Heilbroner,William S. Milberg Pdf

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.

The Crisis in Keynesian Economics

Author : Sir John Richard Hicks
Publisher : Unknown
Page : 0 pages
File Size : 41,7 Mb
Release : 1975
Category : Electronic
ISBN : OCLC:1431280883

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The Crisis in Keynesian Economics by Sir John Richard Hicks Pdf

The General Theory of Employment, Interest, and Money

Author : John Maynard Keynes
Publisher : Springer
Page : 404 pages
File Size : 51,5 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.

Crisis in Keynesian Economics

Author : Hicks
Publisher : Wiley-Blackwell
Page : 85 pages
File Size : 41,7 Mb
Release : 1978-08-01
Category : Electronic
ISBN : 0631197303

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Crisis in Keynesian Economics by Hicks Pdf

The Economic Consequences of the Peace

Author : John Maynard Keynes
Publisher : 北戴河出版
Page : 128 pages
File Size : 53,7 Mb
Release : 2016-10-24
Category : Business & Economics
ISBN : 8210379456XXX

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The Economic Consequences of the Peace by John Maynard Keynes Pdf

Finance & Development, September 2014

Author : International Monetary Fund. External Relations Dept.
Publisher : International Monetary Fund
Page : 60 pages
File Size : 47,7 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.

Credit, Money and Crises in Post-Keynesian Economics

Author : Louis-Philippe Rochon,Hassan Bougrine
Publisher : Edward Elgar Publishing
Page : 384 pages
File Size : 47,8 Mb
Release : 2020-07-31
Category : Business & Economics
ISBN : 9781786439550

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Credit, Money and Crises in Post-Keynesian Economics by Louis-Philippe Rochon,Hassan Bougrine Pdf

In this volume, Louis-Philippe Rochon and Hassan Bougrine bring together key post-Keynesian voices in an effort to push the boundaries of our understanding of banks, central banking, monetary policy and endogenous money. Issues such as interest rates, income distribution, stagnation and crises – both theoretical and empirical – are woven together and analysed by the many contributors to shed new light on them. The result is an alternative analysis of contemporary monetary economies, and the policies that are so needed to address the problems of today.