Introduction

Robert Dimand, Robert Mundell and Alessandro Vercelli
Additional contact information
Alessandro Vercelli: University of Siena

A chapter in Keynes’s General Theory After Seventy Years, 2010, pp 1-7 from Palgrave Macmillan

Abstract: Abstract John Maynard Keynes never ceases to fascinate macroeconomists, whether they see themselves as his disciples, as his opponents, or as eclectics drawing insight both from him and from earlier competing or complementary traditions. The questions that Keynes raised — about the stability of the economy, the economic role of government, the proper institutional framework of the world economy, and the relation of economic decisions to an uncertain future — remain as vital as when he posed them. The economics of Keynes thus meets Joseph Schumpeter’s criterion for great ideas: most ideas disappear in a period varying from an after-dinner hour to a generation, but the great ones keep coming back, not as unidentifiable strands of a cultural heritage but in recognizable form.

Keywords: Real Wage; Business Cycle Theory; Economic Liberalism; Money Wage; Monetary Theory (search for similar items in EconPapers)
Date: 2010
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:pal:intecp:978-0-230-27614-7_1

Ordering information: This item can be ordered from
http://www.palgrave.com/9780230276147

DOI: 10.1057/9780230276147_1

Access Statistics for this chapter

More chapters in International Economic Association Series from Palgrave Macmillan
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().