Coddington Keynesian Economics

Erscheinungsjahr 2013
ISBN: 978-1-136-51625-2
Verlag: Taylor & Francis
Format: EPUB
Kopierschutz: Adobe DRM (»Systemvoraussetzungen)

E-Book, Englisch, 152 Seiten

Keynesian Economics provides a wide-ranging critical examination of the presuppositions and procedures of Keynesian analysis. The result is both a clear guide to modern macro-economic theory and policy and a revealing exercise in the recent history of ideas - ideas which are highly contentious and still deeply influential.
"(Alan) Coddington made several substantive contributions to the understanding of Keynesian economics which established his fame not merely in the UK but in major centres of economics around the world." The Times

Autoren/Hrsg.

Coddington, Alan

Fachgebiete

• Wirtschaftswissenschaften Volkswirtschaftslehre Volkswirtschaftslehre Allgemein Wirtschaftstheorie, Wirtschaftsphilosophie

Inhaltsverzeichnis

1. Introduction

i. The Keynesian Connection

ii. Outline of the Argument

2. The Keynesian Dichotomy

i. Introduction

ii. The Keynesian Dichotomy

iii. Dichotomies as analytical procedures

iv. Concluding remarks

3. Demand Deficiency

i. Introduction

ii. Involuntary unemployment

iii. The pragmatics of 'demand deficiency'

iv. Demand deficiency in its cyclical context

v. Concluding remarks

4. Deficient Foresight

i. Introduction

ii. Keynes and uncertainty

iii. The sources of variation in expenditure aggregates

iv. Certainty and fallibility

v. Two schools

vi. Concluding remarks

5. Hick's Contribution

i. Introduction

ii. Keynes's 'Classics' and Hick's 'Classics'

iii. Liquidity preference and loanable funds

iv. Expectations and the multiplier process

v. Concluding remarks

6. The Search for First Principles

i. Introduction

ii. Fundamentalism

iii. Hydraulicism

iv. Reconstructed reductionism

v. Concluding remarks

7. Conclusion