1st Edition

Historical Perspectives on Macroeconomics Sixty Years After the 'General Theory'

Edited By Philippe Fontaine, Albert Jolink Copyright 1998
    168 Pages
    by Routledge

    168 Pages
    by Routledge

    Since the publication of Keynes's General Theory of Employment, Interest and Money in 1936, macroeconomic theory has altered considerably. Each author in this volume focuses on an issue which either preceded, accompanied or followed the 'Keynesian Revolution' and helped to shape economics in subsequent years. Contributors reconsider some of the major concepts of the "General Theory": unemployment and the identity of income and output. They also highlight some of the controversies in macroeconomic theory and review the macroeconomic policy implications and consequences.

    Introduction, Philippe Fontaine, Albert Jolink; Part I Keynes Reconsidered; Chapter 1 Keynes, Keynesian Programmes, and Unemployment, Michel De Vroey; Chapter 2 The Keynesian Identity of Income and Output, Claude Gnos; Part II Controversies in Macroeconomics; Chapter 3 Pigou on Unemployment, Hansjörg Klausinger; Chapter 4 Co-Ordination Failure, Brian J. Loasby; Chapter 5 Lindahl on Disequilibrium Growth, Mauro Gallegati, Domenica Tropeano; Part III Macroeconomic Theory and Policy; Chapter 6 Changes in Dutch Economics in the 1930s, Arnold Wilts; Chapter 7 Keynesianism and British Labour Market Policy, William R. Garside;

    Biography

    Phillppe Fontaine Professor of Economics at the École normale supérieure de Cachan.,
    Albert Jolink Assistant Professor of Philosophy of Economics at Erasmus University, Rotterdam, and Director of the Erasmus Institute for Philosophy and Economics.