Abandoning Keynes
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Abandoning Keynes
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Author : Tim Battin
language : en
Publisher: Springer
Release Date : 1997-05-29
Abandoning Keynes written by Tim Battin and has been published by Springer this book supported file pdf, txt, epub, kindle and other format this book has been release on 1997-05-29 with Business & Economics categories.
This analysis proposes a political explanation for the breakdown of Keynesian full employment in Australia. It taps into the current literature that examines the role of economic interests, ideas, and institutions, and, by taking issue with the arguments of anti-Keynesian economists, the book carries the argument that there was and is nothing inherently contradictory about Keynesian theory or much of its practice. Keynesianism, its imperfections notwithstanding, was overturned because of a powerful alliance of interests and ideas.
The Political And Economic Thought Of The Young Keynes
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Author : Carlo Cristiano
language : en
Publisher: Routledge
Release Date : 2014-06-13
The Political And Economic Thought Of The Young Keynes written by Carlo Cristiano and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2014-06-13 with Business & Economics categories.
A century ago, John Maynard Keynes entered the Treasury to serve his country during the First World War, but as is well known, appalled by the terms of the end-of-war Treaty of Versailles, he abandoned the British delegation, outlining the predictable adverse results in the Economic Consequences of the Peace, published in 1919. Far less well known is his personal and political development that led him to be called to service even before Great Britain entered the conflict. Starting from Keynes’s early political activity, Carlo Cristiano charts the stages through which Alfred Marshall’s young pupil rapidly rose to be one of his country’s major experts on monetary issues. The very young Liberal Imperialist was soon to become a staunch supporter of the liberal government, strongly committed to Lloyd George’s 1909 ‘people’s budget’. Moreover, the good relations he had established during his two years at the India Office of London and his growing expertise in money and finance, made him one of the few who genuinely grasped the functioning of the pre-war gold standard, and an ally of the Treasury and the Bank of England in the struggle within the City for control and management of London’s gold reserves. Abandoning the stereotyped image of Keynes in his early years, so often described as a young connoisseur interested in philosophy and with little inclination for politics, this book sees his perfect fusion of political vision and economic competence in the era of ‘New Liberalism’ as the true wellspring of Keynesianism.
The Political And Economic Thought Of The Young Keynes
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Author : Carlo Cristiano
language : en
Publisher:
Release Date : 2014
The Political And Economic Thought Of The Young Keynes written by Carlo Cristiano and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2014 with Biography & Autobiography categories.
A century ago, John Maynard Keynes entered the Treasury to serve his country during the First World War, but as is well known, appalled by the terms of the end-of-war Treaty of Versailles, he abandoned the British delegation, outlining the predictable adverse results in the Economic Consequences of the Peace, published in 1919. Far less well known is his personal and political development that led him to be called to service even before Great Britain entered the conflict. Starting from Keynes's early political activity, Carlo Cristiano charts the stages through which Alfred Marshall's young pupil rapidly rose to be one of his country's major experts on monetary issues. The very young Liberal Imperialist was soon to become a staunch supporter of the liberal government, strongly committed to Lloyd George's 1909 'people's budget'. Moreover, the good relations he had established during his two years at the India Office of London and his growing expertise in money and finance, made him one of the few who genuinely grasped the functioning of the pre-war gold standard, and an ally of the Treasury and the Bank of England in the struggle within the City for control and management of London's gold reserves. Abandoning the stereotyped image of Keynes in his early years, so often described as a young connoisseur interested in philosophy and with little inclination for politics, this book sees his perfect fusion of political vision and economic competence in the era of 'New Liberalism' as the true wellspring of Keynesianism.
Keynes S General Theory For Today
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Author : Jesper Jespersen
language : en
Publisher: Edward Elgar Publishing
Release Date : 2012-01-01
Keynes S General Theory For Today written by Jesper Jespersen and has been published by Edward Elgar Publishing this book supported file pdf, txt, epub, kindle and other format this book has been release on 2012-01-01 with Biography & Autobiography categories.
ÔAt a time of renewed interest in Keynes, this volume provides an illuminating and forward-looking collection of papers. They explain the meaning of KeynesÕs great contribution and also show how that contribution can be developed further for application to modern economic policy issues. Most important, the papers explain the ways in which KeynesÕs methodological approach is so different from that which continues to dominate mainstream economics and how productive it would be if that approach were applied to our modern experience.Õ Ð Sheila Dow, University of Stirling, UK ÔThis book celebrates the 75th anniversary of KeynesÕs General Theory, which has proved yet again to be an endless source of inspiration. These authors take The General Theory as a point of departure from which to address the problems of today from fresh perspectives. This volume is indeed Keynes for today Ð and tomorrow.Õ Ð Victoria Chick, University College London, UK ÔKeynesÕs General Theory for Today is a fine set of thoughtful and highly relevant essays. They relate several ideas of Keynes to todayÕs happenings, putting forward modifications and extensions to take into account both short-term and long-term happenings in advanced capitalist economies. Especially useful are the investigations of KeynesÕs revolutionary methods of reasoning in economics, long abandoned by orthodox economists, to the great detriment of our understanding of what is happening and what may be done about it. These essays should be required reading for students, teachers and policy makers alike.Õ Ð G.C. Harcourt, University of New South Wales, Australia The themes of this important new volume were chosen to mark the 75th anniversary of the publication of The General Theory of Employment, Interest and Money. The distinguished authors concentrate on the relevance of this seminal publication for macroeconomic theory, method and the politics of today. This is particularly pertinent as similarities with the 1930s are striking in terms of unemployment, low growth, financial fragility and the European monetary union resembling the gold standard. Illustrating new ways of understanding the importance of uncertainty in macroeconomics, particularly in view of the importance of finance and balance of payments imbalances within a monetary union, this book will prove a stimulating and challenging read for academics, researchers and students of macroeconomics, heterodox economics, and the methodology and history of economic thought.
General Theory Of Employment Interest And Money
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Author : John Maynard Keynes
language : en
Publisher: Atlantic Publishers & Dist
Release Date : 2016-04
General Theory Of Employment Interest And Money written by John Maynard Keynes and has been published by Atlantic Publishers & Dist this book supported file pdf, txt, epub, kindle and other format this book has been release on 2016-04 with Business & Economics categories.
John Maynard Keynes is the great British economist of the twentieth century whose hugely influential work The General Theory of Employment, Interest and * is undoubtedly the century's most important book on economics--strongly influencing economic theory and practice, particularly with regard to the role of government in stimulating and regulating a nation's economic life. Keynes's work has undergone significant revaluation in recent years, and "Keynesian" views which have been widely defended for so long are now perceived as at odds with Keynes's own thinking. Recent scholarship and research has demonstrated considerable rivalry and controversy concerning the proper interpretation of Keynes's works, such that recourse to the original text is all the more important. Although considered by a few critics that the sentence structures of the book are quite incomprehensible and almost unbearable to read, the book is an essential reading for all those who desire a basic education in economics. The key to understanding Keynes is the notion that at particular times in the business cycle, an economy can become over-productive (or under-consumptive) and thus, a vicious spiral is begun that results in massive layoffs and cuts in production as businesses attempt to equilibrate aggregate supply and demand. Thus, full employment is only one of many or multiple macro equilibria. If an economy reaches an underemployment equilibrium, something is necessary to boost or stimulate demand to produce full employment. This something could be business investment but because of the logic and individualist nature of investment decisions, it is unlikely to rapidly restore full employment. Keynes logically seizes upon the public budget and government expenditures as the quickest way to restore full employment. Borrowing the * to finance the deficit from private households and businesses is a quick, direct way to restore full employment while at the same time, redirecting or siphoning
A Wider View Of John Maynard Keynes
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Author : Joseph R. Cammarosano
language : en
Publisher: Lexington Books
Release Date : 2016-05-12
A Wider View Of John Maynard Keynes written by Joseph R. Cammarosano and has been published by Lexington Books this book supported file pdf, txt, epub, kindle and other format this book has been release on 2016-05-12 with Business & Economics categories.
Most works on John Maynard Keynes deal with his General Theory of Employment, Interest and Money and his theory of unemployment. Much less well-known are his publications on money, finance, and international trade. This book fills that void by providing an analysis of Keynes’ works from “Indian Currency and Finance” to “The Proposal for a Currency Union.” It seeks to show that his concerns extended beyond his magnum opus to include the monetary and financial concerns of Great Britain and the world at large.
Keynes And The Modern World
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Author : George David Norman Worswick
language : en
Publisher: CUP Archive
Release Date : 1983-12-22
Keynes And The Modern World written by George David Norman Worswick and has been published by CUP Archive this book supported file pdf, txt, epub, kindle and other format this book has been release on 1983-12-22 with Biography & Autobiography categories.
This volume presents the proceedings of the major conference held to celebrate the centenary of the birth of John Maynard Keynes at King's College, Cambridge. It brings together major international figures in economics and looks at Keynesian economics and the relevance of Keyne's ideas today. In addition to the main speakers and discussants, summaries of the discussions on each paper and memoirs of Maynard Keynes from Sir Austin Robinson, Richard Braithwaite and James Meade are also included.
What S Wrong With Keynesian Economic Theory
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Author : Steven Kates
language : en
Publisher: Edward Elgar Publishing
Release Date : 2016-08-26
What S Wrong With Keynesian Economic Theory written by Steven Kates and has been published by Edward Elgar Publishing this book supported file pdf, txt, epub, kindle and other format this book has been release on 2016-08-26 with Business & Economics categories.
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.
Keynes Cambridge And The General Theory
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Author : J. Clark Leith
language : en
Publisher: Springer
Release Date : 1977-12-15
Keynes Cambridge And The General Theory written by J. Clark Leith and has been published by Springer this book supported file pdf, txt, epub, kindle and other format this book has been release on 1977-12-15 with Business & Economics categories.
The Consequences Of Mr Keynes
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Author : James M. Buchanan
language : en
Publisher:
Release Date : 1978
The Consequences Of Mr Keynes written by James M. Buchanan and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1978 with Biography & Autobiography categories.