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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
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Citations: View citations in EconPapers (4) Track citations by RSS feed

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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 Downloads
Victoria Chick
Ch 2 Against twisting The General Theory , pp 16-28 Downloads
Maria Cristina Marcuzzo
Ch 3 The Keynesian unblocking , pp 29-43 Downloads
Robert Skidelsky
Ch 4 The attacks on The General Theory: how Keynes’s theory was lost , pp 44-56 Downloads
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 Downloads
Teodoro Dario Togati
Ch 6 Expectations, equilibrium and time in The General Theory , pp 70-83 Downloads
Anna M. Carabelli and Mario Cedrini
Ch 7 Weight of argument and liquidity preference , pp 84-97 Downloads
Alessandro Vercelli
Ch 8 On some principles to fix the quantity of bank money , pp 98-115 Downloads
Tim Congdon
Ch 9 John Maynard Pangloss: Indian Currency and Finance in imperial context , pp 116-131 Downloads
Radhika Desai
Ch 10 Keynes on domestic and international monetary reform , pp 132-144 Downloads
Sheila Dow
Ch 11 The ‘Gibson Paradox’, The General Theory and beyond , pp 145-159 Downloads
Gerhard Michael Ambrosi
Ch 12 Sraffa’s prices of production understood in terms of Keynes’s state of short-term expectation , pp 160-170 Downloads
Mark Hayes
Ch 13 Keynes and Marx: some points of contact , pp 171-182 Downloads
Andy Denis
Ch 14 No invitation to ‘Alles Walzer!’: Schumpeter on The General Theory , pp 183-198 Downloads
Heinz Kurz

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