On Interpreting Keynes: A Study in Reconciliation

ISBN-13: 9780415044752 / Angielski / Twarda / 1991 / 352 str.

Bruce Littleboy; B. Littleboy;Littleboy Bruce

Opis

The publication of Keynes' General Theory in 1935 caused a revolution in economics but, as with most revolutions, its meaning has been contested ever since. In particular, two major schools criticizing the common textbook interpretations of Keynes have emerged, the fundamentalist and the reductionist (or Clower-Leijonhufved) factions.

Spis treści

Part 1 Introduction; Part 2; Part 3 Leijonhufvud on unemployment and effective demand; Part 4 Involuntary unemployment in the history of economic thought; Part 5 Effective demand: a theoretical and historical perspective; Part 6; Part 7 IS-LM and the interest-rate dynamics; Part 8 On bootstraps and traps; Part 9 Expenditure and the interest rate; Part 10 Recovery in the long run?; Part 11; Part 12 Conventions;

O autorze

Bruce Littleboy