Crisis In Keynesian Economics
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The Crisis Of Keynesian Economics Routledge Revivals
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Author : Geoffrey Pilling
language : en
Publisher: Routledge
Release Date : 2014-05-01
The Crisis Of Keynesian Economics Routledge Revivals written by Geoffrey Pilling and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2014-05-01 with Business & Economics categories.
Geoffrey Pilling’s treatment of this complex issue in political economy, first published in 1986, concentrates on a review of Keynes’ writings rather than the vast literature that has developed surrounding his work since the Second World War. It does, however, consider the work of the ‘Left Keynesians’, in particular that of Joan Robinson. The Crisis of Keynesian Economics has the potential to throw fresh light on some of the issues facing political leaders today, particularly so given that much of the Neo-Capitalist economic orthodoxy established during the 1980s has come under fresh criticism in recent years.
The Crisis In Keynesian Economics
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Author : John Hicks
language : en
Publisher:
Release Date : 1974
The Crisis In Keynesian Economics written by John Hicks and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1974 with Keynesian economics categories.
Crisis In Keynesian Economic
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Author : John Hicks
language : en
Publisher:
Release Date : 1975-02-10
Crisis In Keynesian Economic written by John Hicks and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1975-02-10 with Business & Economics categories.
Post Keynesian Views Of The Crisis And Its Remedies
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Author : Óscar Dejuán
language : en
Publisher: Routledge
Release Date : 2013-08-21
Post Keynesian Views Of The Crisis And Its Remedies written by Óscar Dejuán and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2013-08-21 with Business & Economics categories.
At the end of the 20th century, mainstream economics was based on theories which viewed capitalism as a self-regulating system, whereby crises come about due to external shocks and would be automatically corrected by the price mechanism if it was flexible enough. Post-Keynesian economists, however, consider that the business cycle and the crises are endogenously generated. They recommend active policies as a response, though the remedies may be worse than the illness if they are not applied at the right moment and in the right proportions. The first great recession of the 21st century offers post-Keynesian economists an opportunity to prove the realism of their models. It is also a chance to make theoretical improvements, to abandon some hypotheses and to introduce new ones. This book, from a top group of international economists, analyzes the causes, consequences and evolution of the crisis from a variety of post-Keynesian perspectives. It then presents a case for realistic and essential remedies. The book is both theoretical and applied, with a global reach and a particular focus on the European debt crisis.
The Crisis Of Vision In Modern Economic Thought
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Author : Robert L. Heilbroner
language : en
Publisher: Cambridge University Press
Release Date : 1996-01-26
The Crisis Of Vision In Modern Economic Thought written by Robert L. Heilbroner and has been published by Cambridge University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 1996-01-26 with Political Science categories.
A deep and widespread crisis affects modern economic theory, a crisis that derives from the absence of a "vision"--a set of widely shared political and social preconceptions--on which all economics ultimately depends. This absence, in turn, reflects the collapse of the Keynesian view that provided such a foundation from 1940 through the early 1970s, comparable to earlier visions provided by Smith, Ricardo, Mill, and Marshall. The "unraveling" of Keynesianism has been followed by a division into discordant and ineffective camps whose common denominator seems to be their shared analytical refinement and lack of practical applicability. This provocative analysis attempts both to describe this state of affairs, and to suggest the direction in which economic thinking must move if it is to regain the relevance and remedial power it now pointedly lacks.
Crisis And The Failure Of Economic Theory
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Author : Giancarlo Bertocco
language : en
Publisher: Edward Elgar Publishing
Release Date : 2017-03-31
Crisis And The Failure Of Economic Theory written by Giancarlo Bertocco 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 2017-03-31 with Business & Economics categories.
Economists have rightly been criticized for not having foreseen the crisis that exploded in 2007–2008. As Giancarlo Bertocco eloquently argues, responsibility does indeed rest heavily on their shoulders. By developing a theory which excluded the possibility that a catastrophic crisis could ever happen, the economics profession has justified decisions and behaviours that caused the Great Recession. This book presents an alternative theoretical approach built on the lessons of Marx, Keynes, Schumpeter, Kalecki, Kaldor and Minsky, which highlights the structural instability of a capitalist economy and the endogenous nature of the current crisis.
Credit Money And Crises In Post Keynesian Economics
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Author : Louis-Philippe Rochon
language : en
Publisher: Edward Elgar Publishing
Release Date : 2020-07-31
Credit Money And Crises In Post Keynesian Economics written by Louis-Philippe Rochon 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 2020-07-31 with Business & Economics categories.
In this volume, Louis-Philippe Rochon and Hassan Bougrine bring together key post-Keynesian voices in an effort to push the boundaries of our understanding of banks, central banking, monetary policy and endogenous money. Issues such as interest rates, income distribution, stagnation and crises – both theoretical and empirical – are woven together and analysed by the many contributors to shed new light on them. The result is an alternative analysis of contemporary monetary economies, and the policies that are so needed to address the problems of today.
The Crisis In Keynesian Economics
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Author : Sir John Richard Hicks
language : en
Publisher:
Release Date : 1975
The Crisis In Keynesian Economics written by Sir John Richard Hicks and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1975 with categories.
The Fall And Rise Of Keynesian Economics
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Author : John Eatwell
language : en
Publisher: Oxford University Press
Release Date : 2011-04-18
The Fall And Rise Of Keynesian Economics written by John Eatwell and has been published by Oxford University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2011-04-18 with Business & Economics categories.
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.
The Crisis Of Keynesian Economics
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Author : Geoffrey Pilling
language : en
Publisher:
Release Date : 1987
The Crisis Of Keynesian Economics written by Geoffrey Pilling and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1987 with Economic history categories.