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Keynesian Revolution and Its Critics: Issues of Theory and Policy for the Monetary Production Economy de Gordon A. Fletcher

Keynesian Revolution and Its Critics: Issues of Theory and Policy for the Monetary Production Economy: Keynesian Studies

Autor Gordon A. Fletcher
en Limba Engleză Paperback – aug 1989
This study examines the pioneering economic work by John Maynard Keynes, "The General Theory of Employment, Interest and Money", and attempts to explain, with constant reference to the original sources, the complexity of Keynes' theories and the critical response they evoked.
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Specificații

ISBN-13: 9780333492222
ISBN-10: 0333492226
Pagini: 348
Ilustrații: XXV, 348 p.
Dimensiuni: 140 x 216 x 21 mm
Greutate: 0.48 kg
Ediția:2nd ed. 1989
Editura: Palgrave Macmillan UK
Colecția Palgrave Macmillan
Seria Keynesian Studies

Locul publicării:London, United Kingdom

Cuprins

Part 1 Money in the economy: the institution of money - an introduction; the monetary economy; money, investment and saving - Keynes' crucial distinction, Say's Law in a monetary economy. Part 2 The Keynesian revolution and its critics - Robertsonian economics: Keynes' revolution; the Robertsonian critique; the principle of effective demand; Keynes' theory of investment and saving; Robertson and Keynes or investment and saving; the finance of investment; the rate of interest; a monetary theory of the rate of interest; the conditions for money as the standard; the market rate of interest and its economic significance; the Keynesian economic problem and its solution. Part 3 The Keynesian revolution and its critics - monetarists and Austrians: the consequences of Mr Keynes?; monetarism - the counter-revolution; - Keynes and the "Keynesians"; - rational expectations; the Austrians - tenets of the faith; - Hayek and the trade cycle; - two routes to serfdom; employment policy; the Keynesian revolution in context.