The Crisis Of Keynesian Economics

Author : Geoffrey Pilling
Publisher : Routledge
Page : 232 pages
File Size : 51,7 Mb
Release : 2014-05-01
Category : Business & Economics
ISBN : 9781317675587

Get Book

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.

Author : John Hicks
Publisher : Unknown
Page : 104 pages
File Size : 52,8 Mb
Release : 1975-02-10
Category : Business & Economics
ISBN : UOM:49015000892670

Get Book

Crisis In Keynesian Economic by John Hicks Pdf

Author : John Hicks
Publisher : Unknown
Page : 85 pages
File Size : 49,7 Mb
Release : 1974
Category : Keynesian economics
ISBN : LCCN:10071503

Get Book

The Crisis in Keynesian Economics by John Hicks Pdf

Author : Robert L. Heilbroner,William S. Milberg
Publisher : Cambridge University Press
Page : 148 pages
File Size : 41,6 Mb
Release : 1996-01-26
Category : Political Science
ISBN : 0521497140

Get Book

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.

Author : John Eatwell,Murray Milgate
Publisher : Oxford University Press
Page : 449 pages
File Size : 49,8 Mb
Release : 2011-06-16
Category : Business & Economics
ISBN : 9780199777693

Get Book

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.

Author : Giancarlo Bertocco
Publisher : Edward Elgar Publishing
Page : 256 pages
File Size : 51,6 Mb
Release : 2017-03-14
Category : Electronic
ISBN : 9781785365355

Get Book

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.

Author : Geoffrey Pilling
Publisher : Unknown
Page : 171 pages
File Size : 48,5 Mb
Release : 1987
Category : Economic history
ISBN : 0709940416

Get Book

The Crisis of Keynesian Economics by Geoffrey Pilling Pdf

Author : Steven Kates
Publisher : Edward Elgar Publishing
Page : 288 pages
File Size : 44,5 Mb
Release : 2016-08-26
Category : Business & Economics
ISBN : 9781785363740

Get Book

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.

Author : Óscar Dejuán,Eladio Febrero Paños,Jorge Uxo Gonzalez
Publisher : Routledge
Page : 318 pages
File Size : 55,8 Mb
Release : 2013-08-21
Category : Business & Economics
ISBN : 9781134052158

Get Book

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.

Author : Arie Arnon,Jimmy Weinblatt,Warren Young
Publisher : Springer Science & Business Media
Page : 310 pages
File Size : 53,8 Mb
Release : 2010-11-29
Category : Business & Economics
ISBN : 9783642144097

Get Book

Perspectives on Keynesian Economics by Arie Arnon,Jimmy Weinblatt,Warren Young Pdf

This book combines historical and policy-oriented perspectives on the relevance of the Keynesian approach for economic theory, policy, and crisis analysis. The first part focuses on historical, theoretical, and methodological issues, and puts them in context with current developments. The second part focuses on the application of the Keynesian approach to modeling the economy, policy-making, and analyzing the ongoing crisis of the early 21st century. Bringing together contributions by leading macroeconomists such as Laidler, Cukierman, Colander and Boyer, and leading historians of economics such as Hollander, Boianovsky, Marcuzzo, Dimand, Witztum, Young, deVroey and Arnon, the book offers a comprehensive overview of Keynesian economics today. One of the book’s most essential features are the commentaries on the papers, which promote a cross-fertilization between macroeconomists and historians of economics, providing, in conjunction with the papers themselves, a balanced outlook on the current relevance of Keynesian economics.

Author : Sir John Richard Hicks
Publisher : Unknown
Page : 0 pages
File Size : 47,8 Mb
Release : 1975
Category : Electronic
ISBN : OCLC:1431280883

Get Book

The Crisis in Keynesian Economics by Sir John Richard Hicks Pdf

Author : John Eatwell,Murray Milgate
Publisher : Oxford University Press
Page : 448 pages
File Size : 43,7 Mb
Release : 2011-04-18
Category : Business & Economics
ISBN : 9780199877683

Get Book

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.

Author : John Maynard Keynes
Publisher : 北戴河出版
Page : 128 pages
File Size : 40,5 Mb
Release : 2016-10-24
Category : Business & Economics
ISBN : 8210379456XXX

Get Book

The Economic Consequences of the Peace by John Maynard Keynes Pdf

Author : International Monetary Fund. External Relations Dept.
Publisher : International Monetary Fund
Page : 60 pages
File Size : 43,9 Mb
Release : 2014-08-25
Category : Business & Economics
ISBN : 9781475566987

Get Book

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.

Author : John L. Campbell,Ove K. Pedersen
Publisher : Princeton University Press
Page : 308 pages
File Size : 49,6 Mb
Release : 2001-08-12
Category : Business & Economics
ISBN : 0691070873

Get Book

The Rise of Neoliberalism and Institutional Analysis by John L. Campbell,Ove K. Pedersen Pdf

This volume brings four of the various schools of institutional analysis together: rational choice, organisational, historical, and discursive institutionalism, to examine the rise of neoliberalism.