A Study of Keynes's Economics
E-Book, Englisch, 232 Seiten
ISBN: 978-1-4832-6745-6
Verlag: Elsevier Reference Monographs
Format: PDF
Kopierschutz: Adobe DRM (»Systemvoraussetzungen)
Autoren/Hrsg.
Weitere Infos & Material
1;Front Cover;1
2;Capital and Employment: A Study of Keynes's Economics;4
3;Copyright Page;5
4;Table of Contents;12
5;Series Editor's Preface;6
6;Preface;10
7;CHAPTER I. INTRODUCTION;16
7.1;A. THE CONTEMPORARY POSITION OF 'KEYNESIAN' ECONOMICS;17
7.2;B. THE PROBLEM OF INTERPRETATION;20
7.3;C. OUTLINE OF THE ARGUMENT;22
8;CHAPTER II. PRELIMINARY DEFINITIONS AND CONCEPTS;24
8.1;A. A CAPITALIST ECONOMY;25
8.2;B. THE 'OBJECT' AND 'METHOD' OF ECONOMIC ANALYSIS;26
8.3;C. THEORY VERSUS METHOD: THE EXPLANATION OF THE OBJECT;26
8.4;D. LONG-PERIOD AND SHORT-PERIOD POSITIONS;27
8.5;E. THE TRADITIONAL LONG-PERIOD METHOD OF ECONOMIC ANALYSIS;27
8.6;F. THE METHOD OF 'INTERTEMPORAL EQUILIBRIUM';27
8.7;G. SOME TERMINOLOGICAL CONVENTIONS;28
9;PART ONE: THE PRE-1936 ORTHODOXY AND THE GENERAL THEORY;32
9.1;CHAPTER III. THE TRADITIONAL LONG-PERIOD METHOD OF ECONOMIC ANALYSIS;34
9.1.1;A. NATURAL PRICES AND THE LONG-PERIOD METHOD;34
9.1.2;B. THE REPRESENTATION OF THE PERSISTENT FORCES OF FREE COMPETITION UNDER THE LONG-PERIOD METHOD;38
9.1.3;C. MONETARY FORCES: PERSISTENT OR TRANSITORY?;41
9.1.4;D. THE STATIONARY-STATE AND THE LONG-PERIOD METHOD;43
9.1.5;E. REASONS FOR THE SUPREMACY OF THE LONG-PERIOD METHOD;48
9.1.6;F. PRINCIPAL CONCLUSIONS AND REMAINING QUESTIONS;49
9.2;CHAPTER IV. THEORETICAL SYSTEMS AND THE LONG-PERIOD METHOD;50
9.2.1;A. THE STRUCTURE OF CLASSICAL ECONOMIC THEORY;51
9.2.2;B. THE STRUCTURE OF MARGINALIST ECONOMIC THEORY;56
9.2.3;C. 'SAY'S LAW' AND CLASSICAL ECONOMICS;61
9.2.4;D. 'SAY'S LAW' IN MARGINALIST ECONOMIC THEORY;72
9.3;CHAPTER V. THE ANALYSIS OF DEVIATIONS FROM LONG-PERIOD POSITIONS;74
9.3.1;A. SHORT-PERIOD THEORY AND LONG-PERIOD THEORY;75
9.3.2;B. MOVEMENT AWAY FROM THE QUANTITY THEORY IN THE ANALYSIS OF DEVIATIONS;78
9.3.3;C. WICKSELL'S CUMULATIVE PROCESS;83
9.3.4;D. DEVELOPMENTS IN ENGLAND: HAWTREY, LAVINGTON AND ROBERTSON;86
9.3.5;E. THE ARGUMENT SO FAR;90
9.4;CHAPTER VI. THE PRINCIPLE OF EFFECTIVE DEMAND: THE POSITIVE PART OF THE GENERAL THEORY;92
9.4.1;A. THE PRINCIPLE OF EFFECTIVE DEMAND;92
9.4.2;B. THE LONG-PERIOD THEORY OF OUTPUT AND EMPLOYMENT;99
9.4.3;C. REMNANTS OF ORTHODOXY;106
9.4.4;D. KEYNES AND MARGINALIST ECONOMIC THEORY;111
9.4.5;E. KEYNES AND CLASSICAL ECONOMIC THEORY;113
9.5;CHAPTER VII. THE THEORY OF CAPITAL AND THE THEORY OF EMPLOYMENT: THE NEGATIVE PART OF THE GENERAL THEORY;117
9.5.1;A. THE INFLEXIBILITY OF MONEY-WAGES;119
9.5.2;B. KEYNES ON THE 'CLASSICAL' THEORY OF INTEREST: I;126
9.5.3;C. KEYNES ON THE 'CLASSICAL' THEORY OF INTEREST: II;128
9.5.4;D. RECONSTRUCTING A CRITIQUE;137
9.5.5;E. CAPITAL AND EMPLOYMENT;138
9.6;CHAPTER VIII. THE METHOD OF 'INTERTEMPORAL EQUILIBRIUM';140
9.6.1;A. THE TREND IN MODERN 'KEYNESIAN' ECONOMICS;140
9.6.2;B. THE METHOD OF 'INTERTEMPORAL EQUILIBRIUM';142
9.6.3;C. THE ORIGIN OF THE NOTION OF 'INTERTEMPORAL EQUILIBRIUM';144
9.6.4;D. REASONS FOR THE EMERGENCE OF THE NOTION OF 'INTERTEMPORAL EQUILIBRIUM';151
9.6.5;E. HISTORICAL RECONSTRUCTION;155
9.6.6;F. THE STATIONARY-STATE HYPOTHESIS REVISITED;156
9.7;CHAPTER IX. UNCERTAINTY AND EXPECTATIONS;158
9.7.1;A. THE 'METHOD OF EXPECTATIONS';159
9.7.2;B. STATICS AND DYNAMICS;164
9.7.3;C. THE SIGNIFICANCE OF THE GENERAL THEORY;166
10;PART TWO: THE TREATISE ON MONEY AND THE GENERAL THEORY;168
10.1;CHAPTER X. THE METHOD OF ANALYSIS IN THE TREATISE AND THE GENERAL THEORY;170
10.1.1;A. SAVING AND INVESTMENT: DIFFERENT DECISIONS OR NEW THEORY OF EMPLOYMENT?;171
10.1.2;B. THE CONCEPTUAL FRAMEWORK OF THE TREATISE ON MONEY;178
10.1.3;C. THE 'LENGTH' OF THE SHORT-PERIOD;182
10.1.4;D. THE CONCEPTUAL FRAMEWORK OF THE GENERAL THEORY;186
10.1.5;E. 'CAUSAL SEQUENCES' AND 'DISEQUILIBRIUM';189
10.1.6;APPENDIX: KEYNES'S FUNDAMENTAL EQUATIONS: DEFINITIONS AND DERIVATION;191
10.2;CHAPTER XI. THE THEORETICAL SYSTEM OF THE TREATISE VERSUS THE GENERAL THEORY;194
10.2.1;A. THE NATURAL RATE OF INTEREST AND THE LEVEL OF EMPLOYMENT: MARGINALIST THEORY;194
10.2.2;B. THE THEORETICAL STRUCTURE OF THE TREATISE ON MONEY;195
10.2.3;C. THE PRINCIPLE OF EFFECTIVE DEMAND;199
10.2.4;D. FROM THE TREATISE TO THE GENERAL THEORY;202
11;Appendix 1: NATURAL PRICES, PERSISTENT FORCES AND THE CONCEPT OF SELF-ADJUSTMENT;204
11.1;A. NATURAL PRICES: ANALYTICAL AND ETHICAL ASPECTS;204
11.2;B. THE CONCEPT OF SELF-ADJUSTMENT;206
12;Appendix 2: NOTES ON 'STOCKS AND FLOWS', 'SUPPLY-PRICE' AND 'QUASI-RENT';208
12.1;A. 'STOCKS' AND 'FLOWS';208
12.2;B. SUPPLY-PRICE;210
12.3;C. QUASI-RENT;211
13;REFERENCES;213
14;INDEX;224