1st Edition

On Interpreting Keynes A Study in Reconciliation

By Bruce Littleboy Copyright 1990
    354 Pages
    by Routledge

    352 Pages
    by Routledge

    There is discontent with how the textbooks have come to reinterpret Keynes but there is little communication between the most prominent schools of criticism. This book argues that this lack of dialogue is mistaken and damaging. A synthesis is possible as many of the arguments between them can be traced to simple misunderstadings and differences of emphasis.

    Part 1 Introduction; Part 2; Part 3 Leijonhufvud on unemployment and effective demand; Part 4 Involuntary unemployment in the history of economic thought; Part 5 Effective demand: a theoretical and historical perspective; Part 6; Part 7 IS-LM and the interest-rate dynamics; Part 8 On bootstraps and traps; Part 9 Expenditure and the interest rate; Part 10 Recovery in the long run?; Part 11; Part 12 Conventions;

    Biography

    Bruce Littleboy