Macroeconomics Without The Errors Of Keynes
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Macroeconomics Without The Errors Of Keynes
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Author : James C. W. Ahiakpor
language : en
Publisher: Routledge
Release Date : 2019-06-04
Macroeconomics Without The Errors Of Keynes written by James C. W. Ahiakpor and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2019-06-04 with Business & Economics categories.
Modern macroeconomics is in a stalemate, with seven schools of thought attempting to explain the workings of a monetary economy and to derive policies that promote economic growth with price-level stability. This book pinpoints as the source of this confusion errors made by Keynes in his reading of classical macroeconomics, in particular the classical Quantity Theory and the meaning of saving. It argues that if these misunderstandings are resolved, it will lead to economic policies consistent with promoting the employment and economic growth that Keynes was seeking. The book will be crucial reading for all scholars with an interest in the foundations of Keynes’s theories, and anyone seeking to understand current debates regarding macroeconomic policy-making.
Macroeconomic Analysis In The Classical Tradition
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Author : James C W Ahiakpor
language : en
Publisher: Routledge
Release Date : 2021-03-22
Macroeconomic Analysis In The Classical Tradition written by James C W Ahiakpor and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2021-03-22 with Business & Economics categories.
Macroeconomic Analysis in the Classical Tradition explains how the influence of Keynes’s macroeconomics, including his changed definitions of some key macroeconomic concepts, has impeded many analysts’ ability to readily resolve disputes in modern macroeconomics. Expanding on his earlier work—Macroeconomics without the Errors of Keynes (2019)—the author delves into more aspects of macroeconomic theory and argues for a revision of Keynes’s contribution to the field. Attention is given to theories and concepts such as Say’s Law, the quantity theory of money, the liquidity trap, the permanent income hypothesis, 100% money, and the Phillips curve analysis. The chapters work to build a careful critique of Keynes’s economics and make the case that the classical macroeconomics of Smith, Say, Ricardo, Mill, and others could help resolve present-day policy disagreements and redefine macroeconomic priorities. This book provides essential reading for advanced students and scholars with an interest in the foundations of Keynes’s theories and current debates within macroeconomic policy.
Macroeconomic Analysis In The Classical Tradition
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Author : James C W Ahiakpor
language : en
Publisher: Taylor & Francis
Release Date : 2021-03-23
Macroeconomic Analysis In The Classical Tradition written by James C W Ahiakpor and has been published by Taylor & Francis this book supported file pdf, txt, epub, kindle and other format this book has been release on 2021-03-23 with Business & Economics categories.
Macroeconomic Analysis in the Classical Tradition explains how the influence of Keynes’s macroeconomics, including his changed definitions of some key macroeconomic concepts, has impeded many analysts’ ability to readily resolve disputes in modern macroeconomics. Expanding on his earlier work—Macroeconomics without the Errors of Keynes (2019)—the author delves into more aspects of macroeconomic theory and argues for a revision of Keynes’s contribution to the field. Attention is given to theories and concepts such as Say’s Law, the quantity theory of money, the liquidity trap, the permanent income hypothesis, 100% money, and the Phillips curve analysis. The chapters work to build a careful critique of Keynes’s economics and make the case that the classical macroeconomics of Smith, Say, Ricardo, Mill, and others could help resolve present-day policy disagreements and redefine macroeconomic priorities. This book provides essential reading for advanced students and scholars with an interest in the foundations of Keynes’s theories and current debates within macroeconomic policy.
Methodological Foundations Of Macroeconomics
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Author : Alessandro Vercelli
language : en
Publisher: Cambridge University Press
Release Date : 1991-09-26
Methodological Foundations Of Macroeconomics written by Alessandro Vercelli 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 1991-09-26 with Biography & Autobiography categories.
This book is an investigation of the methodological and epistemological foundations of macroeconomic theory, based on an examination of the theories of Keynes and Lucas. It is divided into two parts. In the first Professor Vercelli discusses the methodological issues which lie behind the conflict among different schools of thought in macroeconomics (equilibrium and disequilibrium, risk and uncertainty, rationality and causality). These issues are central to the current debate not only in many branches of economics, but also in other scientific disciplines. The traditional point of view of science based on equilibrium, stability and determinism has been increasingly challenged by a new point of view in which disequilibrium, instability and uncertainty play a crucial role. This, the author argues, is bound to put macroeconomics in a new, more promising position. In the second part of the book the author compares the two main alternative research programmes in macroeconomics: that outlined by Keynes in his 'General Theory', and that suggested by Lucas, the leader of the new classical economists.
A Critique Of Keynesian Economics
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Author : Walter Allan
language : en
Publisher: Springer
Release Date : 2016-07-27
A Critique Of Keynesian Economics written by Walter Allan and has been published by Springer this book supported file pdf, txt, epub, kindle and other format this book has been release on 2016-07-27 with Business & Economics categories.
'All of us need help in understanding Keynes's brilliant, but often opaque, contributions to theory and policy. These essays provide a scholarly, balanced yet provocative assessment and critique.' Sir Alan Walters This book represents, for the first time a collection of classic appraisals of Keynesian economics' impact on economic theory and policy that will be of use to all students of macroeconomics and the history of economic thought. Don Patinkin's assesses Keynes early life and focuses attention on Keynes's contribution to monetary economics. Axel Leijonhufvud takes the view that the Keynesian revolution began and stayed on the wrong track. Leland Yeager refutes the idea that Keynesian economics was responsible for the general prosperity in the industrialised world immediately after the Second World War. Karl Brunner is critical of Keynes's reliance on fiscal rather than monetary policy. Terence Hutchison defends Keynes, both against his critics and against Keynesians! Patrick Minford traces the roots of neoclassical economics, back to The General Theory. Stephen Littlechild offers an alternative to Keynesian economics by focusing attention on the Austrian school.
Keynes And The Classics Reconsidered
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Author : James C.W. Ahiakpor
language : en
Publisher: Springer Science & Business Media
Release Date : 1998-03-31
Keynes And The Classics Reconsidered written by James C.W. Ahiakpor and has been published by Springer Science & Business Media this book supported file pdf, txt, epub, kindle and other format this book has been release on 1998-03-31 with Business & Economics categories.
Keynes and the Classics Reconsidered is a collection of scholarly work re-evaluating Keynes's revolution in economic thought, both in the method of macroeconomic reasoning and in policy-making. This book brings together mostly a younger generation of economists to revisit Keynes's interpretation of the classics and its impact on macroeconomic theory and policy. There has been a considerable advance in the literature re-interpreting the classics and the early neoclassical economists. Most of the contributing authors have themselves been active participants in this reinterpretation. The participation of Robert Clower, an active participant in the Keynes versus the classics debate since the 1960s, brings a particularly significant retrospective to this fresh look at the record. Keynes and the Classics Reconsidered will be of interest to policy-makers and economists, especially those working in the areas of macro and monetary economics.
Post Keynesian Macroeconomic Theory Second Edition
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Author : Paul Davidson
language : en
Publisher: Edward Elgar Publishing
Release Date : 2011-01-01
Post Keynesian Macroeconomic Theory Second Edition written by Paul Davidson 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 2011-01-01 with Business & Economics categories.
This important text develops Keynes's analytical framework for both closed and open economies and provides policy guidance for the global economy of the 21st century. In particular, it deals with problems such as inflation,financial contagion, global unemployment, outsourcing, trade patterns, and developing an international financial system that encourages expansionary growth among all trading partners while avoiding sovereign debt problems. Using this textbook in macroeconomics courses will provide students with apragmatic insight that will be both useful and productive.
Post Keynesian Economics
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Author : T. Palley
language : en
Publisher: Palgrave Macmillan
Release Date : 1996-06-19
Post Keynesian Economics written by T. Palley and has been published by Palgrave Macmillan this book supported file pdf, txt, epub, kindle and other format this book has been release on 1996-06-19 with Business & Economics categories.
Fluctuations in the level of debt service burdens give rise to fluctuations in aggregate demand which can then cause business cycles.
Post Keynesian Macroeconomics
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Author : Mathew Forstater
language : en
Publisher: Routledge
Release Date : 2007-02
Post Keynesian Macroeconomics written by Mathew Forstater and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2007-02 with Business & Economics categories.
Edited by three well known academics and contributed to by J. Smithin, L. Moss and G.C. Harcourt, this text reflects the breath of the honouree‘s interests, covering political economy, labour economics, history of economic thought and macroeconomics.
A Primer On Austrian Macroeconomics
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Author : Antony P. Mueller
language : en
Publisher: Springer Nature
Release Date : 2025-01-17
A Primer On Austrian Macroeconomics written by Antony P. Mueller and has been published by Springer Nature this book supported file pdf, txt, epub, kindle and other format this book has been release on 2025-01-17 with Political Science categories.
This book offers an accessible framework for macroeconomic modelling rooted in the capital theory of Austrian Economics. By distinguishing between the goods and monetary sides of the economy and exploring their interaction, the book provides a comprehensive macroeconomic model that integrates time preference and interest rates. It examines how monetary and fiscal policies can produce business cycles and how these cycles are influenced by central bank liquidity and financial market behaviour. Additionally, the book discusses the ways in which monetary and fiscal policies can prolong and intensify economic stagnation. Through its clear exposition, this book deepens the understanding of the conditions that determine the unsustainability of credit-driven economic expansions. It is essential reading for students and researchers in political economy, macroeconomics, monetary economics, and those interested in advancing Austrian Economics.