The Keynesian Revolution And Our Empty Economy

Author : Victor V. Claar,Greg Forster
Publisher : Springer
Page : 345 pages
File Size : 45,6 Mb
Release : 2019-04-06
Category : Business & Economics
ISBN : 9783030158088

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The Keynesian Revolution and Our Empty Economy by Victor V. Claar,Greg Forster Pdf

This book considers the cultural legacy of the Keynesian Revolution in economics. It assesses the impact of Keynes and Keynesian thinking upon economics and policy, as well as the response of the Chicago and Austrian schools, and the legacy of all three in shaping economic life. The book is a call to restore economics to its roots in moral and cultural knowledge, reminding us that human beings are more than consumers. The Keynesian Revolution taught us that we should be happy if we are prosperous, but instead we feel hollow and morally anxious – our economy feels empty. Drawing on paradigms from earlier historical periods while affirming modern market systems, this book encourages a return to a view of human beings as persons with the right and responsibility to discover, and do, the things in life that are intrinsically good and enduring. Because in the long run, the legacy of our choices will continue long after “we’re all dead.”

Author : Gordon A. Fletcher
Publisher : Springer
Page : 366 pages
File Size : 44,6 Mb
Release : 1987-06-18
Category : Business & Economics
ISBN : 9781349087365

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The Keynesian Revolution and its Critics by Gordon A. Fletcher Pdf

Author : Gordon A. Fletcher
Publisher : Springer
Page : 367 pages
File Size : 46,7 Mb
Release : 1989-08-01
Category : Business & Economics
ISBN : 9781349201082

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Keynesian Revolution and Its Critics by Gordon A. Fletcher Pdf

This study examines the pioneering economic work by John Maynard Keynes, "The General Theory of Employment, Interest and Money", and attempts to explain, with constant reference to the original sources, the complexity of Keynes' theories and the critical response they evoked.

Author : Lawrence R. Klein
Publisher : Springer
Page : 298 pages
File Size : 46,8 Mb
Release : 2016-01-03
Category : Business & Economics
ISBN : 9781349163199

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The Keynesian Revolution by Lawrence R. Klein Pdf

Author : Robert Cord
Publisher : Routledge
Page : 166 pages
File Size : 43,9 Mb
Release : 2013-05-02
Category : Business & Economics
ISBN : 9781135132170

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Reinterpreting The Keynesian Revolution by Robert Cord Pdf

Various explanations have been put forward as to why the Keynesian Revolution in economics in the 1930s and 1940s took place. Some of these point to the temporal relevance of John Maynard Keynes's The General Theory of Employment, Interest, and Money (1936), appearing, as it did, just a handful of years after the onset of the Great Depression, whilst others highlight the importance of more anecdotal evidence, such as Keynes’s close relations with the Cambridge ‘Circus’, a group of able, young Cambridge economists who dissected and assisted Keynes in developing crucial ideas in the years leading up to the General Theory. However, no systematic effort has been made to bring together these and other factors to examine them from a sociology of science perspective. This book fills this gap by taking its cue from a well-established tradition of work from history of science studies devoted to identifying the intellectual, technical, institutional, psychological and financial factors which help to explain why certain research schools are successful and why others fail. This approach, it turns out, provides a coherent account of why the revolution in macroeconomics was ‘Keynesian’ and why, on a related note, Keynes was able to see off contemporary competitor theorists, notably Friedrich von Hayek and Michal Kalecki.

Author : Peter Clarke
Publisher : Unknown
Page : 372 pages
File Size : 53,8 Mb
Release : 1990
Category : Biography & Autobiography
ISBN : PSU:000017657433

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The Keynesian Revolution in the Making, 1924-1936 by Peter Clarke Pdf

The name of John Maynard Keynes is still the focus of political and economic controversy, and in the course of it, "what Keynes really meant" has suffered much distortion. This book represents a quest for the historical Keynes. It follows the story of an argument which arose out of the performance of the British economy in the period of depression between the wars and provides an account of Keynes's thinking in the years that led up to the General Theory, making it comprehensible to specialists and non-specialists alike.

Author : Tyler Beck Goodspeed
Publisher : Oxford University Press
Page : 216 pages
File Size : 46,8 Mb
Release : 2012-06-04
Category : Business & Economics
ISBN : 9780199942794

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Rethinking the Keynesian Revolution by Tyler Beck Goodspeed Pdf

While standard accounts of the 1930s debates surrounding economic thought pit John Maynard Keynes against Friedrich von Hayek in a clash of ideology, this reflexive dichotomy is in many respects superficial. It is the argument of this book that both Keynes and Hayek developed their respective theories of the business cycle within the tradition of Swedish economist Knut Wicksell, and that this shared genealogy manifested itself in significant theoretical affinities between the two supposed antagonists. The salient features of Wicksell's work, namely the importance of money, the role of uncertainty, coordination failures, and the element of time in capital accumulation, all motivated the Keynesian and Hayekian theories of economic fluctuations. They also contributed to a fundamental convergence between the two economists during the 1930s. This shared, "Wicksellian" vision of economic problems points to a very different research agenda from that of the Walrasian-style, general equilibrium analysis that has dominated postwar macroeconomics. This book will appeal to economists interested in historical perspective of their discipline, as well as historians of economic thought. The author not only deconstructs some of the historical misconceptions of the Keynes versus Hayek debate, but also suggests how the insights uncovered can inform and instruct modern theory. While much of the analysis is technical, it does not assume previous knowledge of 1930s economic theory, and should be accessible to academics and graduate students with general economics training.

Author : Will Hutton
Publisher : Random House
Page : 347 pages
File Size : 48,8 Mb
Release : 2012-06-30
Category : Political Science
ISBN : 9781448155170

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The Revolution That Never Was by Will Hutton Pdf

Will Hutton argues that Keynesian revolution has yet to take place. Economists, he finds, have not yet come to terms with the heart of Keynes' argument: that there are limits to what prices can do in a market economy. But referring closely to Keynes' writings, Hutton demonstrates that Keynes was concerned to show how the financial sector of the economy originated and how it reinforced the incapacities of the market economy.Post-war Keynesianism, Will Hutton concludes, has overstressed the role of fiscal policy in programmes of Keynesian economic management: it is but one element in a larger policy of financial and momentary leverage aimed at leaning against these market incapacities. By insisting that government intervention is a prerequisite to the proper functioning of the market, Keynesianism in effect becomes a political philosophy challenging the entire panoply of economic and political liberalism. As such it may require important changes in the structure of government if it is to be implemented successfully.

Author : Lorie Tarshis
Publisher : Cheltenham, UK : E. Elgar Pub.
Page : 264 pages
File Size : 51,8 Mb
Release : 1998
Category : Business & Economics
ISBN : UOM:39015045649541

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Keynesianism and the Keynesian Revolution in America by Lorie Tarshis Pdf

Concerned with the emergence of Keynesianism in America, in which Tarshis played a fundamental role, this memorial volume includes reflection on the impact of Keynesianism on many of the eminent early American post-war economists.

Author : Roger E. Backhouse,Bradley W. Bateman
Publisher : Harvard University Press
Page : 208 pages
File Size : 45,5 Mb
Release : 2011-11-15
Category : Biography & Autobiography
ISBN : 9780674062849

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Capitalist Revolutionary by Roger E. Backhouse,Bradley W. Bateman Pdf

The Great Recession of 2008 restored John Maynard Keynes to prominence. After decades when the Keynesian revolution seemed to have been forgotten, the great British theorist was suddenly everywhere. The New York Times asked, “What would Keynes have done?” The Financial Times wrote of “the undeniable shift to Keynes.” Le Monde pronounced the economic collapse Keynes’s “revenge.” Two years later, following bank bailouts and Tea Party fundamentalism, Keynesian principles once again seemed misguided or irrelevant to a public focused on ballooning budget deficits. In this readable account, Backhouse and Bateman elaborate the misinformation and caricature that have led to Keynes’s repeated resurrection and interment since his death in 1946. Keynes’s engagement with social and moral philosophy and his membership in the Bloomsbury Group of artists and writers helped to shape his manner of theorizing. Though trained as a mathematician, he designed models based on how specific kinds of people (such as investors and consumers) actually behave—an approach that runs counter to the idealized agents favored by economists at the end of the century. Keynes wanted to create a revolution in the way the world thought about economic problems, but he was more open-minded about capitalism than is commonly believed. He saw capitalism as essential to a society’s well-being but also morally flawed, and he sought a corrective for its main defect: the failure to stabilize investment. Keynes’s nuanced views, the authors suggest, offer an alternative to the polarized rhetoric often evoked by the word “capitalism” in today’s political debates.

Author : Robert William Dimand
Publisher : Hants, England : Elgar
Page : 232 pages
File Size : 41,7 Mb
Release : 1988
Category : Biography & Autobiography
ISBN : UCAL:B4149597

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The Origins of the Keynesian Revolution by Robert William Dimand Pdf

The book is well researched and clearly written, and is a valuable account of the evolution of Keynes s ideas in the period under review. I recommend The Origins of the Keynesian Revolution as a scholarly study of the evolution of an important aspect of macroeconomics. Athol Fitzgibbons, Australian Economic History Review This is a very good treatment, adding to a growing literature on the development of John Maynard Keynes s monetary theory as it progressed from the Tract through the Treatise to the General Theory. Professor Dimand has given us a very good account of all this. His book should be used not only in history of thought courses but also in macro and money courses as an antidote, if nothing else, to the extremely limited view of Keynesian economics which most textbooks provide. Thomas K. Rymes, Journal of the History of Economic Thought Robert Dimand has written a superb book. . . . It is appropriate for use in classes on the history of economic thought and will serve as a nice supplement in a macroeconomics course. It would be perfect in a seminar on the development of Keynes s thought. Indeed, it would not be surprising if more of such courses were taught as a result of the publication of this excellent little book. Bruce J. Caldwell, Review of Political Economy This book traces an important and exciting chapter in the history of economic thought, with painstaking documentation from old sources and from previously unexploited, unpublished material. It does this with a sure and mature understanding of the intellectual and theoretical issues. Dimand is an excellent theorist himself. The book is beautifully and clearly written. James Tobin, Yale University, US Dimand s book will stimulate much discussion. I highly recommend it to anyone interested in the development of monetary and macroeconomic theory during the 1920s and 1960s. Robert Stanley Herren, Journal of Economic History Robert Dimand has written an excellent study of the evolution of J.M. Keynes s economic thought from its origins in orthodox Cambridge monetary theory through its early 1930s development leading to the General Theory. John B. Davis, Review of Social Economy

Author : Lawrence Robert Klein
Publisher : Unknown
Page : 0 pages
File Size : 42,6 Mb
Release : 1961
Category : Economics
ISBN : OCLC:883394287

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The Keynesian Revolution by Lawrence Robert Klein Pdf

Author : David Laidler
Publisher : Cambridge University Press
Page : 404 pages
File Size : 42,7 Mb
Release : 1999-03-28
Category : Business & Economics
ISBN : 0521645964

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Fabricating the Keynesian Revolution by David Laidler Pdf

Examining the emergence, in the inter-war years, of what came to be called 'Keynesian macroeconomics'.

Author : John Hillard
Publisher : Unknown
Page : 248 pages
File Size : 51,7 Mb
Release : 1988
Category : Biography & Autobiography
ISBN : UCAL:B4373175

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J.M. Keynes in Retrospect by John Hillard Pdf

Author : P. F. Clarke
Publisher : Edward Elgar Publishing
Page : 246 pages
File Size : 49,8 Mb
Release : 1998
Category : Economists
ISBN : STANFORD:36105023201630

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The Keynesian Revolution and Its Economic Consequences by P. F. Clarke Pdf

These essays place the historical Keynes in the context of his own times to study the economic doctrines associated with his name. The author explores Keynes' major works and ideas: his thoughts on uncertainty and confidence; and his commitment to the politics of persuasion.