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The Economics Of Keynes In Historical Context
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Book Synopsis The Economics of Keynes in Historical Context by : M. Lawlor
Download or read book The Economics of Keynes in Historical Context written by M. Lawlor and published by Springer. This book was released on 2016-01-22 with total page 357 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume offers a comprehensive treatment of the development of Keynes's economic ideas in the General Theory of Employment, Interest and Money , using archival material, the historical record of the economics of Keynes's time and place and the scholarship available on Keynes's biography and philosophy.
Book Synopsis The General Theory of Employment, Interest, and Money by : John Maynard Keynes
Download or read book The General Theory of Employment, Interest, and Money written by John Maynard Keynes and published by Springer. This book was released on 2018-07-20 with total page 404 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Book Synopsis Economic Thought Since Keynes by : Michel Beaud
Download or read book Economic Thought Since Keynes written by Michel Beaud and published by Routledge. This book was released on 2005-09-27 with total page 795 pages. Available in PDF, EPUB and Kindle. Book excerpt: Economic Thought Since Keynes provides a concise overview of changing economic thought in the latter part of the twentieth century. Part 1 gives an analysis of topics including: * Keynes and the General Theory, * the triumph of interventionism, * the neoclassical synthesis, * the resurgence of liberalism. Part 11 gives a concise biography of the 150 most influential economists since Keynes. This invaluable book will be a useful reference tool for anyone teaching or studying economics.
Book Synopsis Revisiting Keynes by : Lorenzo Pecchi
Download or read book Revisiting Keynes written by Lorenzo Pecchi and published by MIT Press. This book was released on 2010-08-13 with total page 229 pages. Available in PDF, EPUB and Kindle. Book excerpt: Leading economists revisit a provocative essay by John Maynard Keynes, debating Keynes's vision of growth, inequality, work, leisure, entrepreneurship, consumerism, and the search for happiness in the twenty-first century. In 1931 distinguished economist John Maynard Keynes published a short essay, “Economic Possibilities for Our Grandchildren,” in his collection Essays in Persuasion. In the essay, he expressed optimism for the economic future despite the doldrums of the post-World War I years and the onset of the Great Depression. Keynes imagined that by 2030 the standard of living would be dramatically higher; people, liberated from want (and without the desire to consume for the sake of consumption), would work no more than fifteen hours a week, devoting the rest of their time to leisure and culture. In Revisiting Keynes, leading contemporary economists consider what Keynes got right in his essay—the rise in the standard of living, for example—and what he got wrong—such as a shortened work week and consumer satiation. In so doing, they raise challenging questions about the world economy and contemporary lifestyles in the twenty-first century. The contributors—among them, four Nobel laureates in economics—point out that although Keynes correctly predicted economic growth, he neglected the problems of distribution and inequality. Keynes overestimated the desire of people to stop working and underestimated the pleasures and rewards of work—perhaps basing his idea of “economic bliss” on the life of the English gentleman or the ideals of his Bloomsbury group friends. In Revisiting Keynes, Keynes's short essay—usually seen as a minor divertissement compared to his other more influential works—becomes the catalyst for a lively debate among some of today's top economists about economic growth, inequality, wealth, work, leisure, culture, and consumerism. Contributors William J. Baumol, Leonardo Becchetti, Gary S. Becker, Michele Boldrin, Jean-Paul Fitoussi, Robert H. Frank, Richard B. Freeman, Benjamin M. Friedman, Axel Leijonhufvud, David K. Levine, Lee E. Ohanian, Edmund S. Phelps, Luis Rayo, Robert Solow, Joseph E. Stiglitz, Fabrizio Zilibotti
Author :Charles Henry Hession Publisher :New York : Macmillan ; London : Collier Macmillan ISBN 13 :9780025513105 Total Pages :428 pages Book Rating :4.5/5 (131 download)
Book Synopsis John Maynard Keynes by : Charles Henry Hession
Download or read book John Maynard Keynes written by Charles Henry Hession and published by New York : Macmillan ; London : Collier Macmillan. This book was released on 1984 with total page 428 pages. Available in PDF, EPUB and Kindle. Book excerpt: This is the first full portrait of the great economist's emotional and intellectual life and his career in the arts, political affairs, letters and philosophy. Hession shows how Keynes' deviation and unorthodoxy, attributed by Hession to Keynes' androgynous character, provide the key to the originality of his breakthrough economic theory. He evokes the intellectual life of Great Britain in the late Victorian and Edwardian years in order to set Keynes in historical context. Describes Keynes' childhood and intense parental relationships and their influence on his creativity; his lifelong friendship with Lytton Strachey; and his amorous relationship with the artist Duncan Grant. Also examines his ties with the Bloomsbury group with anecdotes about the group's members, including Virginia Woolf, Vanessa Bell, and Leonard Woolf and exposes the distortion of Keynes' views by so-called neo-Keynesians. ISBN 0-02-551310-9 : $22.95.
Book Synopsis The Elgar Companion to John Maynard Keynes by : Robert W. Dimand
Download or read book The Elgar Companion to John Maynard Keynes written by Robert W. Dimand and published by Edward Elgar Publishing. This book was released on 2019 with total page 672 pages. Available in PDF, EPUB and Kindle. Book excerpt: The most influential and controversial economist of the twentieth century, John Maynard Keynes was the leading founder of modern macroeconomics, and was also an important historical figure as a critic of the Versailles Peace Treaty after World War I and an architect of the Bretton Woods international monetary system after World War II. This comprehensive Companion elucidates his contributions, his significance, his historical context and his continuing legacy.
Book Synopsis Keynes's General Theory, the Rate of Interest and Keynesian' Economics by : G. Tily
Download or read book Keynes's General Theory, the Rate of Interest and Keynesian' Economics written by G. Tily and published by Springer. This book was released on 2016-01-12 with total page 346 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book argues that Keynesian economists have betrayed Keynes' theory and policy conclusions, and that the world has been misled about those policies. Keynesians have focused attention on policies for dealing with effects of economic failure as they arise, whereas Keynes was concerned with the cause and then the prevention of economic failure.
Book Synopsis Economics in Perspective by : John Kenneth Galbraith
Download or read book Economics in Perspective written by John Kenneth Galbraith and published by Princeton University Press. This book was released on 2017-08-29 with total page 384 pages. Available in PDF, EPUB and Kindle. Book excerpt: In Economics in Perspective, renowned economist John Kenneth Galbraith presents a compelling and accessible history of economic ideas, from Aristotle through the twentieth century. Examining theories of the past that have a continuing modern resonance, he shows that economics is not a timeless, objective science, but is continually evolving as it is shaped by specific times and places. From Adam Smith's theories during the Industrial Revolution to those of John Maynard Keynes after the Great Depression, Galbraith demonstrates that if economic ideas are to remain relevant, they must continually adapt to the world they inhabit. A lively examination of economic thought in historical context, Economics in Perspective shows how the field has evolved across the centuries.
Book Synopsis Raising Keynes by : Stephen A. Marglin
Download or read book Raising Keynes written by Stephen A. Marglin and published by Harvard University Press. This book was released on 2020-07-14 with total page 921 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Book Synopsis Perspectives on Keynesian Economics by : Arie Arnon
Download or read book Perspectives on Keynesian Economics written by Arie Arnon and published by Springer Science & Business Media. This book was released on 2010-11-29 with total page 310 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Book Synopsis A History of Macroeconomics from Keynes to Lucas and Beyond by : Michel De Vroey
Download or read book A History of Macroeconomics from Keynes to Lucas and Beyond written by Michel De Vroey and published by Cambridge University Press. This book was released on 2016-01-08 with total page 451 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book retraces the history of macroeconomics from Keynes's General Theory to the present. Central to it is the contrast between a Keynesian era and a Lucasian - or dynamic stochastic general equilibrium (DSGE) - era, each ruled by distinct methodological standards. In the Keynesian era, the book studies the following theories: Keynesian macroeconomics, monetarism, disequilibrium macro (Patinkin, Leijongufvud, and Clower) non-Walrasian equilibrium models, and first-generation new Keynesian models. Three stages are identified in the DSGE era: new classical macro (Lucas), RBC modelling, and second-generation new Keynesian modeling. The book also examines a few selected works aimed at presenting alternatives to Lucasian macro. While not eschewing analytical content, Michel De Vroey focuses on substantive assessments, and the models studied are presented in a pedagogical and vivid yet critical way.
Book Synopsis The Economics of John Maynard Keynes by : Fabio Terra
Download or read book The Economics of John Maynard Keynes written by Fabio Terra and published by Taylor & Francis. This book was released on 2023-04-03 with total page 160 pages. Available in PDF, EPUB and Kindle. Book excerpt: Widely recognized as one of the greatest economists in history, there has been a surge of interest in the work of John Maynard Keynes since the financial crisis of 2008 with people looking for solutions to rebalance the economy. Presciently, Keynes argued that free markets are unable to fully organize economic activity and that the steadying and reforming hand of the State is needed for capitalism to function properly. In the aftermath of the financial crisis of 2008, exacerbated by a global pandemic, these ideas are more timely than ever. This book provides an introduction to Keynes’ thoughts on capitalism, the State, and macroeconomics. It starts with Keynes’ epistemological theory of his A Treatise on Probability (1921), from which aspects such as uncertainty and the decision-making process, both later important in his economic work, can be drawn. The book then pursues Keynes’ economic writings. From A Tract on the Monetary Reform (1923) and A Treatise on Money (1930), it shows Keynes’ pursuit of a full understanding of the role of money in the economy. Keynes masterfully demonstrated the knowledge he gained through his 1936 masterpiece The General Theory of Employment, Interest and Money. Going beyond Keynes’ classic, this book also explores his later work on economic policy prescriptions and finally his concept of State and economic development. This accessible introduction to the economic thought of Keynes will be essential reading for those interested in the history and development of economics, as well as political scientists, sociologists, historians, and others seeking an overview of these foundational economic ideas.
Book Synopsis The Economics of John Maynard Keynes by : Dudley Dillard
Download or read book The Economics of John Maynard Keynes written by Dudley Dillard and published by Pickle Partners Publishing. This book was released on 2018-09-03 with total page 260 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Economics of John Maynard Keynes: The Theory of Monetary Economy by Dudley Dillard seeks to make The General Theory of Employment, Interest and Money by John Maynard Keynes understandable to both the economist and to the non-economist. First published in 1948 and since translated into over 10 languages, Dr. Dillard’s book has been widely regarded as the seminal scholarship on the monetary aspects of Keynesian economics. In addition to explaining the economic theories of Keynes, Dillard also includes a chapter on Keynes’s philosophical development and the “social philosophy toward which it leads.” Throughout the book, Dillard provides summaries and examines Keynes’ concepts on employment, income, saving, marginal propensity to consume, the investment multiplier, fiscal policy, post-war inflation, interest, and wages.
Book Synopsis The Economic Consequences of the Peace by : John Maynard Keynes
Download or read book The Economic Consequences of the Peace written by John Maynard Keynes and published by Simon Publications LLC. This book was released on 1920 with total page 312 pages. Available in PDF, EPUB and Kindle. Book excerpt: John Maynard Keynes, then a rising young economist, participated in the Paris Peace Conference in 1919 as chief representative of the British Treasury and advisor to Prime Minister David Lloyd George. He resigned after desperately trying and failing to reduce the huge demands for reparations being made on Germany. The Economic Consequences of the Peace is Keynes' brilliant and prophetic analysis of the effects that the peace treaty would have both on Germany and, even more fatefully, the world.
Book Synopsis A History of Post Keynesian Economics Since 1936 by : J. E. King
Download or read book A History of Post Keynesian Economics Since 1936 written by J. E. King and published by Edward Elgar Publishing. This book was released on 2002-04-26 with total page 332 pages. Available in PDF, EPUB and Kindle. Book excerpt: This text provides a history of the post Keynesian approach to economics since 1936. The author locates the origins of these economics in the conflicting interpretations of Keynes' General Theory and in the complementary work of Michael Kalecki.
Book Synopsis Post-Keynesian Essays from Down Under Volume IV: Essays on Theory by : G. Harcourt
Download or read book Post-Keynesian Essays from Down Under Volume IV: Essays on Theory written by G. Harcourt and published by Springer. This book was released on 2019-03-15 with total page 525 pages. Available in PDF, EPUB and Kindle. Book excerpt: Joseph Halevi, G. C. Harcourt, Peter Kriesler and J. W. Nevile bring together a collection of their most influential papers on post-Keynesian thought. Their work stresses the importance of the underlying institutional framework, of the economy as a historical process and, therefore, of path determinacy. In addition, their essays suggest the ultimate goal of economics is as a tool to inform policy and make the world a better place, with better being defined by an overriding concern with social justice. Volume IV explores theory.
Book Synopsis Keynes and Friedman on Laissez-Faire and Planning by : Sylvie Rivot
Download or read book Keynes and Friedman on Laissez-Faire and Planning written by Sylvie Rivot and published by Routledge. This book was released on 2013-08-21 with total page 209 pages. Available in PDF, EPUB and Kindle. Book excerpt: The 2008 crisis has revived debates on the relevance of laissez-faire, and thus on the role of the State in a modern economy. This volume offers a new exploration of the writings of Keynes and Friedman on this topic, highlighting not only the clear points of opposition between them, but also the places in which their concerns where shared. This volume argues that the parallel currently made with the 1929 financial crisis and the way the latter turned into the Great Depression sheds new light on the proper economic policy to be conducted in both the short- and the long-run in a monetary economy. In light of the recent revival in appreciation for Keynes’ ideas, Rivot investigates what both Keynes and Friedman had to say on key issues, including their respective interpretations of both the 1929 crisis and the Great Depression, their advocacy of the proper employment policy, and the theoretical underpinnings of the latter. The book asks which lessons should be learnt from the Thirties? And what is the relevance of Keynes’ and Friedman’s respective pleas for today?
