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The Keynesian Revolution in the Making, 1924-1936 by P. F. Clarke Pdf
This book tells the story of the arguments over the performance of the British economy in the period of depression between the two World Wars. Keynes played a central role in each of these disputes and the book sets out to understand his ideas.
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.
The ideas of John Maynard Keynes inspired the New Deal and helped rebuild world economies after World War II -and were later dismissed as "depression economics." Then came the great meltdown of 2008. Market forces that the world relied on suddenly failed to self-correct-and Keynes's doctrine of corrective action in an imperfect world became more relevant than ever. Keynes was not a traditional economist: He was a polemicist, iconoclastic public intellectual, peer of the realm, and political operative, as well as an openly homosexual Bohemian who befriended Virginia Woolf and E. M. Forster. In Keynes, noted historian Peter Clarke provides a timely and masterful accounting of Keynes's life and work, bringing his genius and skepticism alive for an era fraught with economic difficulties that he surely would have relished solving.
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.
In the midst of our current economic crisis, we peer anxiously into an uncertain future and try to put things in perspective by looking to the past. One name above all keeps on cropping up: John Maynard Keynes, who first came to public attention on both sides of the Atlantic in the early 1920s, when the depression in Britain engaged his attention, with the argument that unemployment needed a radical remedy. And then came the great meltdown of 2008, which caused the ideas of the economist to be rediscovered and rehabilitated.
A Times Literary Supplement Book of the Year for 2017 'War, comrades,' declared Trotsky, 'is a great locomotive of history.' He was thought to be acknowledging the opportunity the First World War had offered the Bolsheviks to seize power in Russia in 1917. Twentieth-century warfare, based on new technologies and mass armies, certainly saw the locomotive power of war geared up to an unprecedented level. Peter Clarke explores the crucial ways in which war can be seen as a prime mover of history in the twentieth century through the eyes of five major figures. In Britain two wartime prime ministers – first David Lloyd George, later Winston Churchill – found their careers made and unmade by the unprecedented challenges they faced. In the United States, two presidents elected in peacetime – Woodrow Wilson and Franklin Roosevelt – likewise found that war drastically changed their agenda. And it was through the experience of war that the economic ideas of John Maynard Keynes were shaped and came to exert wide influence. When the United States entered the First World War in 1917, President Wilson famously declared: 'The world must be made safe for democracy.' This liberal prospectus was to be tested in the subsequent peace treaty, one that was to be bitterly remembered by Germans for its 'war guilt clause'. But both in the making of the war and the making of the peace the issue of guilt did not suddenly materialise out of thin air. As Clarke's narrative shows, it was an integral component of the Anglo-American liberal tradition. The Locomotive of War is a forensic and punctilious examination of both the interplay between key figures in the context of the unprecedented all-out wars of 1914–18 and 1939–45 and the broader dynamics of history in this extraordinary period. Deeply revealing and insightful, it is history of the highest calibre.
Reinterpreting the Keynesian Revolution by Robert Cord Pdf
Taking its cue from a well-established tradition of work from history of science studies this book provides a coherent account of why the revolution in macroeconomics was 'Keynesian.'
Neo-liberalism has been one of the most influential ideologies since the Second World War. This book provides an original account of its intellectual foundations, development and conceptual configuration as an ideology.Newly available in paperback, this book presents a comparative study of the development and the nature of neo-liberal ideas in the national contexts of Germany, Britain and the United States since the twentieth century, addressing the following questions: * What are neo-liberalism's intellectual origins? * What influence did neo-liberalism have on public policy debates? * What are neo-liberalism's core concepts and how have they been interpreted in different national contexts that make it a distinctive ideology? In answering these questions, the book provides a deeper insight into the historical and intellectual origins and conceptual configuration of an ideology that reshaped politics and societies across the world.
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 dichotomy is in many respects superficial. This book argues that both Keynes and Hayek developed their theories of the business cycle within the tradition of Knut Wicksell.
Keynes's Theoretical Development by Toshiaki Hirai Pdf
Comprehensive and authoritative, this book, written by a recognized authority on the subject explores the contributions to modern economics by John Maynard Keynes and addresses neglected, yet crucial aspects of the genesis of Keynesian economics. In this book, the author elucidates Keynes’ development as an economic theoretician through an examination of his books, articles, various manuscripts, lecture notes and controversial correspondence. Departing from a narrative account and analyzing processes of theory-building and re-building which constitute Keynes’s intellectual journey from the Tract to the General Theory, this volume shows Keynes’ theoretical development as a theoretical hypothesis. An excellent exposition of Keynes’ contribution, this is a valuable addition to the bookshelves of all to students and researchers interested in Keynes and more widely the history of economic thought and macroeconomics.
Author : G. C. Peden Publisher : Records of Social and Economic Page : 404 pages File Size : 50,7 Mb Release : 2004-12-16 Category : Biography & Autobiography ISBN : 0197263224
These documents, published here for the first time, present the Treasury's counter-arguments during the period when Keynes was developing the ideas that led to the Keynesian revolution in economic policy. Keynes spent much effort trying to persuade the Treasury to adopt policies designed to raise employment and stabilise prices, and to create an international monetary system that would favour these objectives. His arguments are set out fully in the Royal Economic Society's 30-volume set of The Collected Writings of John Maynard Keynes. In contrast, the views of his Treasury critics have hitherto been much less accessible. Economists and historians have tended to assume that Keynes was right and the Treasury was wrong; this volume shows that the Treasury anticipated the political problems that would be encountered in putting Keynes's ideas into practice. Much of what Keynes published was deliberately polemical: he believed that words should be 'a little wild', for they were 'the assault of thought on the unthinking'. Treasury officials were by no means as unthinking as Keynes tended to portray them, and they had a coherent and intellectually respectable understanding of public finance. Ministers in the inter-war period and early in the Second World War were sensitive to the use that political opponents might make of Keynes's arguments; officials had to provide counter-arguments, and in doing so they revealed much about their views on economics and public finance. Once Keynes became an adviser to the Chancellor of the Exchequer in 1940, the debate became internal to the Treasury, but officials continued to subject Keynes's ideas to critical analysis. The documents in this volume show Treasury responses to Keynes on a range of issues crucial to understanding the period and the context of the Keynesian revolution in public policy. The topics covered include: the return to the gold standard; the use of public expenditure to cure unemployment in the inter-war period; how to avoid inflation in the war; planning for the post-war international economy; and the 1944 white paper on employment policy. This edition is an essential tool for the study of a formative period of British history and a great intellectual debate.