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Keynes in Action: Truth and Expediency in Public Policy

Autor Peter Clarke
en Limba Engleză Hardback – 23 noi 2022
John Maynard Keynes died in 1946 but his ideas and his example remain relevant today. In this distinctive new account, Peter Clarke shows how Keynes's own career was not simply that of an academic economist, nor that of a modern policy advisor. Though rightly credited for reshaping economic theory, Keynes's influence was more broadly based and is assessed here in a rounded historical, political and cultural context. Peter Clarke re-examines the full trajectory of Keynes's public career from his role in Paris over the Versailles Treaty to Bretton Woods. He reveals how Keynes's insights as an economic theorist were rooted in his wider intellectual and cultural milieu including Bloomsbury and his friendship with Virginia Woolf as well as his involvement in government business. Keynes in Action uncovers a much more pragmatic Keynes whose concept of 'truth' needs to be interpreted in tension with an acknowledgement of 'expediency' in implementing public policy.
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Specificații

ISBN-13: 9781009255011
ISBN-10: 1009255010
Pagini: 274
Dimensiuni: 147 x 223 x 20 mm
Greutate: 0.45 kg
Editura: Cambridge University Press
Colecția Cambridge University Press
Locul publicării:Cambridge, United Kingdom

Cuprins

Introduction; 1. What really happened at Paris? Keynes and Dulles; 2. What really happened at Paris? The war guilt clause; 3. 'You are very famous, Maynard': Keynes and the Manchester Guardian; 4. The truth about Lloyd George: four perspectives; 5. Yielding to Ramsey: probability revisited; 6. Yielding to realities: golden rules?; 7. Truths between friends: Cambridge and economics; 8. Truths between friends: Bloomsbury and politics; 9. The road to Bretton Woods: expediency revisited; Conclusion: pragmatic and dogmatic Keynesianism.

Recenzii

'This readable and lively book by the eminent modern historian and Keynes scholar Peter Clarke provides an important insight into 'the historical Keynes,' both academic theorist and public intellectual, by examining the complex relation between truth and expediency in policy advising from Versailles to Bretton Woods and in probability theory.' Robert Dimand, Brock University
'A sparkling and learned exploration of Keynes's beliefs about probability, truth, and expediency.' Richard Toye, University of Exeter

Notă biografică


Descriere

Uses an accessible narrative frame to explore key issues – like truth, probability, expediency, pragmatism – in Keynes's unique career.