Allan A Critique of Keynesian Economics

Erscheinungsjahr 2016
ISBN: 978-1-349-22481-4
Verlag: Palgrave Macmillan UK
Format: PDF
Kopierschutz: 1 - PDF Watermark

E-Book, Englisch, 247 Seiten, Web PDF

Reihe: Economics and Finance (R0)

'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.

Zielgruppe

Research

Autoren/Hrsg.

Allan, Walter

Inhaltsverzeichnis

Notes on the Contributors - Introductory Essay; W.Allan - John Maynard Keynes; D.Patinkin - The Keynesian Heritage in Economics; L.B.Yeager - Keynes's Intellectual Legacy; K.Brunner - Keynes and the Classics; A.Leijonhufvud - Keynes V. the Keynesians; T.W.Hutchison - Expectations and the Economy; P.Minford - The Fallacy of the Mixed Economy; S.Littlechild - Selected Works of John Maynard Keynes - Bibliography - Index