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Keynes's General Theory and Accumulation
This book makes Keynes's writing on his General Theory accessible to students by presenting this theory in a careful, consistent manner that is faithful to the original. Keynes's theory continues to be important, because the issues it raised, such as the problems of involuntary unemployment, the volatility of investment, and the complexity of monetary arrangements in modern capitalist economies, are still with us. Keynes's method of analysis, which tries to allow for the complications of dealing with historical time, deserves the careful attention given in this book. Keynes's formal analysis dealt only with a short period of time during which changes in productive capacity as a result of net...
Theories of Income Distribution
This book brings together the work of scholars who have written for it independent essays in their areas of particular expertise in the general field of income distribution. The first eight chapters provide a review of the major theories of income distribution, while the final two are con cerned with problems of empirical estimates and inferences. One of these chapters presents estimates of factor shares in national income in the United States, the United Kingdom and Canada, while the other ex amines how relationships between the size distribution of income and economic development are being investigated. A convenient way of conveying an understanding of how economic theorists have dealt with the distribution of income is to examine separ ately each major approach to this subject. Each contributor was thus assigned a particular approach, or a major theorist. No attempt was made to avoid the apparent duplication that occurs when the same references are examined by different contributors. The reader gains by seeing how the same material can be treated by those looking at it from different perspectives. A chapter each has been devoted to Marx and Marshall.
Economic Theory, Welfare, and the State
Economic Theory, Welfare, and the State looks at how economic theory can be used to investigate and analyse the operations of market economies and to provide the basis for improvements in government policy-making. The collection begins with two chapters on the history of economic thought, followed by an exploration of possible areas of conflict between the interests of groups and individuals, and an insightful blend of economic history and economic theory that sheds light on the Canadian government's policy of settling the Prairies by providing land grants. Also included are a critical analysis of rational expectations models and their use in econometrics, an examination of why money should ...
Keynesian Economics
What is Keynesian Economics Keynesian economics are the various macroeconomic theories and models of how aggregate demand strongly influences economic output and inflation. In the Keynesian view, aggregate demand does not necessarily equal the productive capacity of the economy. It is influenced by a host of factors that sometimes behave erratically and impact production, employment, and inflation. How you will benefit (I) Insights, and validations about the following topics: Chapter 1: Keynesian economics Chapter 2: Macroeconomics Chapter 3: IS-LM model Chapter 4: Full employment Chapter 5: New Keynesian economics Chapter 6: Index of economics articles Chapter 7: Fiscal policy Chapter 8: Th...
Keynes and Macroeconomics After 70 Years
The book is strongly recommended for those interested in the continuing reception of Keynes s thinking. John B. Davis, EH.NET In this substantial new collection, esteemed Post-Keynesian scholars reassess the relevance of Keynes s The General Theory to a broad array of topic areas, ranging from the environment, investment finance, exchange rates, and socialism, as well as inquiries into general Post-Keynesian theory. In response to the current economic crisis, many people looking for new solutions are excitedly re-discovering the Post-Keynesian tradition of money modeling and theory. This book offers a broad array of recent Post-Keynesian scholarship, providing a good contextual understanding...
Post Keynesian Price Theory
This book sets out the foundations of post-Keynesian price theory. Blending theory and analysis it is the first comprehensive assessment of post-Keynesian price theory and its foundations. Scholars and students will particularly welcome the emphasis on the non-neoclassical and non-equilibrium nature of post-Keynesian price theory.
Post-Keynesian Essays in Biography
This volume is a collection of intellectual biographies of economists, which the author has written over the last 16 years. There are four categories: accounts of Cambridge greats - Joan Robinson, Piero Sraffa, Nicholas Kaldor, Richard Kahn; oral histories of Lorie Tarshis, George Shackle, Kenneth Boulding and Richard Goodwin; memoirs of close friends of the author who have died; and shorter essays which include John Hicks, James Meade, Brian Reddaway, Arthur Smithies, Heinz Arndt and J.M.Keynes.
Joan Robinson
Who is Joan Robinson Born in the United Kingdom, Joan Violet Robinson was a prominent economist who made significant contributions to the field of economic theory. In the 20th century, Joan Robinson, who is widely considered to be one of the most influential economists of the century, was the person who embodied the "Cambridge School" in the majority of its guises. In the beginning, she was a Marshallian; in 1936, she became one of the early and most fervent Keynesians; and in the end, she became a leader of the Neo-Ricardian and Post-Keynesian schools of thought. How you will benefit (I) Insights about the following: Chapter 1: Joan Robinson Chapter 2: Neoclassical economics Chapter 3: Post...
Classical Political Economy and Modern Theory
Heinz Kurz is recognised internationally as a leading economic theorist and a foremost historian of economic thought. This book pays tribute to his outstanding contributions by bringing together a unique collection of new essays by distinguished economists from around the world. Classical Political Economy and Modern Theory comprises twenty essays, grouped thematically into five sections. Part I examines political economy and its critique, Part II looks at entrepreneurship, evolution and income distribution, Part III discusses Cambridge, Keynes and macroeconomics, Part IV explores crisis and cycles, whilst Part V is dedicated to personal reminiscences. The essays in this book will be an invaluable source of inspiration for economists interested in economic theory and in the evolution of economic thought. They will also be of interest to postgraduate and research students specialising in economic theory and in the history of economic thought.
