Money, investment and consumption Keynes's macroeconomics rethought
Contrary to the commonly perpetuated belief that Keynes’s theory is appropriate only to economic depressions, the author of this provocative book maintains that Keynes provided a complete set of macroeconomic relations and the ingredients of a new theoretical model, much more reflective of and analy...
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Format: | eBook |
Language: | English |
Published: |
Cheltenham, U.K
Edward Elgar
2009
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Collection: | Edward Elgar eBook Archive - Collection details see MPG.ReNa |
Summary: | Contrary to the commonly perpetuated belief that Keynes’s theory is appropriate only to economic depressions, the author of this provocative book maintains that Keynes provided a complete set of macroeconomic relations and the ingredients of a new theoretical model, much more reflective of and analytically appropriate to the 21st century than those on which current macroeconomics is based 1. The financial crisis of 2008 and the UnKeynesian Keynes -- 2. Money, price, and interest -- 3. Keynes's semantic shifts : the shock of a treatise on money -- 4. Keynes's theoretical shift : casualty of the criticism of the treatise -- 5. Keynes's causal relations : the general theory derailed -- 6. Inflation/deflation and the policy of the general general theory |
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Physical Description: | xi, 248 p ill |
ISBN: | 9781845429799 9781849800549 1845429796 9781849803335 |