Keynes's Vision

Keynes's Vision

Author: John Philip Jones

Publisher: Routledge

Published: 2007-09-17

Total Pages: 323

ISBN-13: 1135979103

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John Maynard Keynes was the most influential economist of the 20th Century, whose doctrines had a huge impact on American prosperity in the years following the Second World War. This new book by John Philip Jones describes the main features of Keynes's work, including the fiscal and monetary policies he recommended, together with a detailed trackin


Keynes's Vision

Keynes's Vision

Author: Athol Fitzgibbons

Publisher: Oxford University Press

Published: 1988-08-11

Total Pages:

ISBN-13: 0191521515

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Keynes's Vision is a readable and thought-provoking essay about the ideas of one of the most influential statesmen of the twentieth century. It shows how John Maynard Keynes formulated a new system of political economy, as different and inspiring as the political economies of Adam Smith or Karl Marx. Keynes based politics and economics on traditional Greek concepts, but his unique system was misunderstood. Athol Fitzgibbons goes back to Keynes's early philosophical works, which have remained neglected or unpublished, and reveals the vision behind them. By tracing it through the Collected Writings, he draws out an unsuspected and evocative theme running through all Keynes's major works. This scholarly study will revise previous ideas about Keynes. It explains in clear language how Keynes understood political and economic matters of significance, and gives a fresh insight into his approach to economic policy.


The State of Interpretation of Keynes

The State of Interpretation of Keynes

Author: John B. Davis

Publisher: Springer Science & Business Media

Published: 2012-12-06

Total Pages: 258

ISBN-13: 9401113920

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Interest in John Maynard Keynes's economic, political and philosophical thinking has undergone a tremendous revival in the last decade. The essays and comments collected in this volume were written on a set of themes representative of the current state of interpretation of Keynes's thinking. Some of the topics investigated have received much attention in the past, and some are of more recent interest. In the former category are topics on standard issues in the interpretation of Keynes's economics: the transition in Keynes's thinking from the The Treatise on Money to The General Theory, the nature of the argument in The General Theory, and Keynes's economic policy views. The latter category introduces themes of a wider nature, and includes two papers on Keynes's vision and one on Keynes's philosophical thinking. The strategy adopted in the selection of topics was to review the debates over Keynes's economics from fresh perspectives, and then go on to supply discussions of broader issues concerning the nature of Keynes as a thinker. This collection as a whole adds to our general understanding of Keynes's work, and contributes to the current revival of interest in Keynes.


Keynes's Vision

Keynes's Vision

Author: Athol Fitzgibbons

Publisher: Oxford University Press

Published: 1988

Total Pages: 217

ISBN-13: 0198286414

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This essay explores the ideas of statesman John Maynard Keynes, describing how he formulated a new system of political economy, as different and inspiring as the political economies of Adam Smith or Karl Marx.


Keynes' General Theory

Keynes' General Theory

Author: Thomas Cate

Publisher: Edward Elgar Publishing

Published: 2012-01-01

Total Pages: 361

ISBN-13: 1781001030

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This volume, a collection of essays by internationally known experts in the area of the history of economic thought and of the economics of Keynes and macroeconomics in particular, is designed to celebrate the 75th anniversary of the publication of The General Theory. The essays contained in this volume are divided into four sections. The first section contains three essays that explore the concept of fundamental uncertainty and its unique role in The General Theory. The second section contains five essays that examine the place of The General Theory in the history of macroeconomics since 1936. The third section contains three essays that explore the interrelationships among Keynes, Friedman, Kaldor, Marx and Sraffa and their approaches to macroeconomic theory and policy. The final section contains four essays that provide several new interpretations of The General Theory and its position within macroeconomics. Keynes's General Theory is intended for those students and scholars who are interested in the economics of Keynes and the rich variety of approaches to macroeconomic theory and policy.


Keynes Against Capitalism

Keynes Against Capitalism

Author: James Crotty

Publisher: Routledge

Published: 2019-04-29

Total Pages: 663

ISBN-13: 0429877056

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Keynes is one of the most important and influential economists who ever lived. It is almost universally believed that Keynes wrote his magnum opus, The General Theory of Employment, Interest and Money, to save capitalism from the socialist, communist, and fascist forces that were rising up during the Great Depression era. This book argues that this was not the case with respect to socialism. Tracing the evolution of Keynes’s views on policy from WWI until his death in 1946, Crotty argues that virtually all post-WWII "Keynesian" economists misinterpreted crucial parts of Keynes’s economic theory, misunderstood many of his policy views, and failed to realize that his overarching political objective was not to save British capitalism, but rather to replace it with Liberal Socialism. This book shows how Keynes’s Liberal Socialism began to take shape in his mind in the mid-1920s, evolved into a more concrete institutional form over the next decade or so, and was laid out in detail in his work on postwar economic planning at Britain’s Treasury during WWII. Finally, it explains how The General Theory provided the rigorous economic theoretical foundation needed to support his case against capitalism in support of Liberal Socialism. Offering an original and highly informative exposition of Keynes’s work, this book should be of great interest to teachers and students of economics. It should also appeal to a general audience interested in the role the most important economist of the 20th century played in developing the case against capitalism and in support of Liberal Socialism. Keynes Against Capitalism is especially relevant in the context of today’s global economic and political crises.


The Fall and Rise of Keynesian Economics

The Fall and Rise of Keynesian Economics

Author: John Eatwell

Publisher: Oxford University Press

Published: 2011-04-18

Total Pages: 449

ISBN-13: 0199877688

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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.


A History of Macroeconomics from Keynes to Lucas and Beyond

A History of Macroeconomics from Keynes to Lucas and Beyond

Author: Michel De Vroey

Publisher: Cambridge University Press

Published: 2016-01-08

Total Pages: 451

ISBN-13: 0521898439

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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.


Keynes and the Economic Policies of the 1980's

Keynes and the Economic Policies of the 1980's

Author: Mario Baldassarri

Publisher: Springer

Published: 1992-06-18

Total Pages: 322

ISBN-13: 1349128155

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Contributes to the debate between monetarist, Keynesian and supply-side views of economic theory, and analyzes and compares the empirical experiences of the economic policies of the six major industrialized countries of the 1980s.