The General Theory and Keynes for the 21st Century

Edited by Sheila Dow, Jesper Jespersen and Geoff Tily

in Books from Edward Elgar Publishing

Abstract: This book is devoted to the lasting impact of The General Theory (and Keynes’s thought) on macroeconomic theory, methodology and its relevance for understanding the post-crisis challenges of the 21st Century. A number of contributions take their departure from Keynes's presentation during the 1930's of his new macroeconomic understanding and its policy implications. Other chapters take a more pluralistic view of Keynes's ideas and their importance for contemporary debates. Further, it is demonstrated that many textbooks often misrepresent The General Theory and therefore cannot be a reliable guide to 21st Century economic policy.

Keywords: Economics and Finance (search for similar items in EconPapers)
Date: 2018
ISBN: 9781786439871
References: Add references at CitEc
Citations: View citations in EconPapers (4)

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Chapters in this book:

Ch 1 On the relevance of The General Theory at 80: economic change and economic theory , pp 1-15

Victoria Chick

Ch 2 Against twisting The General Theory , pp 16-28

Maria Cristina Marcuzzo

Ch 3 The Keynesian unblocking , pp 29-43

Robert Skidelsky

Ch 4 The attacks on The General Theory: how Keynes’s theory was lost , pp 44-56

Geoffrey Harcourt, Peter Kriesler and J.W. Nevile

Ch 5 What future for ‘Macroeconomics after Keynes’? A road map to restore the generality of The General Theory , pp 57-69

Teodoro Dario Togati

Ch 6 Expectations, equilibrium and time in The General Theory , pp 70-83

Anna M. Carabelli and Mario Cedrini

Ch 7 Weight of argument and liquidity preference , pp 84-97

Alessandro Vercelli

Ch 8 On some principles to fix the quantity of bank money , pp 98-115

Tim Congdon

Ch 9 John Maynard Pangloss: Indian Currency and Finance in imperial context , pp 116-131

Radhika Desai

Ch 10 Keynes on domestic and international monetary reform , pp 132-144

Sheila Dow

Ch 11 The ‘Gibson Paradox’, The General Theory and beyond , pp 145-159

Gerhard Michael Ambrosi

Ch 12 Sraffa’s prices of production understood in terms of Keynes’s state of short-term expectation , pp 160-170

Mark Hayes

Ch 13 Keynes and Marx: some points of contact , pp 171-182

Andy Denis

Ch 14 No invitation to ‘Alles Walzer!’: Schumpeter on The General Theory , pp 183-198

Heinz Kurz

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