Macroeconomics Without The Errors Of Keynes PDF Download
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Author | : James C. W. Ahiakpor |
Publisher | : Routledge |
Total Pages | : 402 |
Release | : 2019-06-04 |
Genre | : Business & Economics |
ISBN | : 1317217837 |
Download Macroeconomics without the Errors of Keynes Book in PDF, ePub and Kindle
Modern macroeconomics is in a stalemate, with seven schools of thought attempting to explain the workings of a monetary economy and to derive policies that promote economic growth with price-level stability. This book pinpoints as the source of this confusion errors made by Keynes in his reading of classical macroeconomics, in particular the classical Quantity Theory and the meaning of saving. It argues that if these misunderstandings are resolved, it will lead to economic policies consistent with promoting the employment and economic growth that Keynes was seeking. The book will be crucial reading for all scholars with an interest in the foundations of Keynes’s theories, and anyone seeking to understand current debates regarding macroeconomic policy-making.
Author | : Alessandro Vercelli |
Publisher | : Cambridge University Press |
Total Pages | : 292 |
Release | : 1991-09-26 |
Genre | : Biography & Autobiography |
ISBN | : 9780521392945 |
Download Methodological Foundations of Macroeconomics Book in PDF, ePub and Kindle
This book is an investigation of the methodological and epistemological foundations of macroeconomic theory, based on an examination of the theories of Keynes and Lucas. It is divided into two parts. In the first Professor Vercelli discusses the methodological issues which lie behind the conflict among different schools of thought in macroeconomics (equilibrium and disequilibrium, risk and uncertainty, rationality and causality). These issues are central to the current debate not only in many branches of economics, but also in other scientific disciplines. The traditional point of view of science based on equilibrium, stability and determinism has been increasingly challenged by a new point of view in which disequilibrium, instability and uncertainty play a crucial role. This, the author argues, is bound to put macroeconomics in a new, more promising position. In the second part of the book the author compares the two main alternative research programmes in macroeconomics: that outlined by Keynes in his 'General Theory', and that suggested by Lucas, the leader of the new classical economists.
Author | : Michel De Vroey |
Publisher | : Cambridge University Press |
Total Pages | : 451 |
Release | : 2016-01-08 |
Genre | : Business & Economics |
ISBN | : 0521898439 |
Download A History of Macroeconomics from Keynes to Lucas and Beyond Book in PDF, ePub and Kindle
This book retraces the history of macroeconomics from Keynes's General Theory to the present. Central to it is the contrast between a Keynesian era and a Lucasian - or dynamic stochastic general equilibrium (DSGE) - era, each ruled by distinct methodological standards. In the Keynesian era, the book studies the following theories: Keynesian macroeconomics, monetarism, disequilibrium macro (Patinkin, Leijongufvud, and Clower) non-Walrasian equilibrium models, and first-generation new Keynesian models. Three stages are identified in the DSGE era: new classical macro (Lucas), RBC modelling, and second-generation new Keynesian modeling. The book also examines a few selected works aimed at presenting alternatives to Lucasian macro. While not eschewing analytical content, Michel De Vroey focuses on substantive assessments, and the models studied are presented in a pedagogical and vivid yet critical way.
Author | : James C. W. Ahiakpor |
Publisher | : Routledge |
Total Pages | : 230 |
Release | : 2019-06-04 |
Genre | : Business & Economics |
ISBN | : 1317217845 |
Download Macroeconomics without the Errors of Keynes Book in PDF, ePub and Kindle
Modern macroeconomics is in a stalemate, with seven schools of thought attempting to explain the workings of a monetary economy and to derive policies that promote economic growth with price-level stability. This book pinpoints as the source of this confusion errors made by Keynes in his reading of classical macroeconomics, in particular the classical Quantity Theory and the meaning of saving. It argues that if these misunderstandings are resolved, it will lead to economic policies consistent with promoting the employment and economic growth that Keynes was seeking. The book will be crucial reading for all scholars with an interest in the foundations of Keynes’s theories, and anyone seeking to understand current debates regarding macroeconomic policy-making.
Author | : John Maynard Keynes |
Publisher | : Springer |
Total Pages | : 404 |
Release | : 2018-07-20 |
Genre | : Business & Economics |
ISBN | : 3319703447 |
Download The General Theory of Employment, Interest, and Money Book in PDF, ePub and Kindle
This book was originally published by Macmillan in 1936. It was voted the top Academic Book that Shaped Modern Britain by Academic Book Week (UK) in 2017, and in 2011 was placed on Time Magazine's top 100 non-fiction books written in English since 1923. Reissued with a fresh Introduction by the Nobel-prize winner Paul Krugman and a new Afterword by Keynes’ biographer Robert Skidelsky, this important work is made available to a new generation. The General Theory of Employment, Interest and Money transformed economics and changed the face of modern macroeconomics. Keynes’ argument is based on the idea that the level of employment is not determined by the price of labour, but by the spending of money. It gave way to an entirely new approach where employment, inflation and the market economy are concerned. Highly provocative at its time of publication, this book and Keynes’ theories continue to remain the subject of much support and praise, criticism and debate. Economists at any stage in their career will enjoy revisiting this treatise and observing the relevance of Keynes’ work in today’s contemporary climate.
Author | : Steven Kates |
Publisher | : Edward Elgar Publishing |
Total Pages | : 272 |
Release | : 1998 |
Genre | : Business & Economics |
ISBN | : |
Download Say's Law and the Keynesian Revolution Book in PDF, ePub and Kindle
This is an examination of the concept of the Law of Markets, controversial since Keynes' General Theory, and also debated even longer, since James Mill propounded it 200 years ago. Kates suggests that Keynes' General Theory originated in Keynes' discovery of Malthus's writings about Say's Law.
Author | : P. Davidson |
Publisher | : Springer |
Total Pages | : 222 |
Release | : 2017-05-17 |
Genre | : Business & Economics |
ISBN | : 0230235476 |
Download John Maynard Keynes Book in PDF, ePub and Kindle
This book looks at the life of Keynes leading up to the writing of his seminal General Theory , examines the General Theory in detail, and explores how it differs from classical theory. The impact of Keynes's work on the economy postwar and up to the present day is also assessed.
Author | : Dario Togati |
Publisher | : Routledge |
Total Pages | : 408 |
Release | : 1998-08-20 |
Genre | : Business & Economics |
ISBN | : 113467029X |
Download Keynes and the Neoclassical Synthesis Book in PDF, ePub and Kindle
This book is a critical assessment of the Neoclassical Synthesis, long regarded as the standard interpretation of Keynes. It offers a fresh interpretation of Keynes and makes an important contribution to post-Keynesian economics
Author | : James C.W. Ahiakpor |
Publisher | : Springer Science & Business Media |
Total Pages | : 234 |
Release | : 1998-03-31 |
Genre | : Business & Economics |
ISBN | : 9780792381495 |
Download Keynes and the Classics Reconsidered Book in PDF, ePub and Kindle
Keynes and the Classics Reconsidered is a collection of scholarly work re-evaluating Keynes's revolution in economic thought, both in the method of macroeconomic reasoning and in policy-making. This book brings together mostly a younger generation of economists to revisit Keynes's interpretation of the classics and its impact on macroeconomic theory and policy. There has been a considerable advance in the literature re-interpreting the classics and the early neoclassical economists. Most of the contributing authors have themselves been active participants in this reinterpretation. The participation of Robert Clower, an active participant in the Keynes versus the classics debate since the 1960s, brings a particularly significant retrospective to this fresh look at the record. Keynes and the Classics Reconsidered will be of interest to policy-makers and economists, especially those working in the areas of macro and monetary economics.
Author | : James C W Ahiakpor |
Publisher | : Routledge |
Total Pages | : 180 |
Release | : 2021-03-22 |
Genre | : Business & Economics |
ISBN | : 1000360415 |
Download Macroeconomic Analysis in the Classical Tradition Book in PDF, ePub and Kindle
Macroeconomic Analysis in the Classical Tradition explains how the influence of Keynes’s macroeconomics, including his changed definitions of some key macroeconomic concepts, has impeded many analysts’ ability to readily resolve disputes in modern macroeconomics. Expanding on his earlier work—Macroeconomics without the Errors of Keynes (2019)—the author delves into more aspects of macroeconomic theory and argues for a revision of Keynes’s contribution to the field. Attention is given to theories and concepts such as Say’s Law, the quantity theory of money, the liquidity trap, the permanent income hypothesis, 100% money, and the Phillips curve analysis. The chapters work to build a careful critique of Keynes’s economics and make the case that the classical macroeconomics of Smith, Say, Ricardo, Mill, and others could help resolve present-day policy disagreements and redefine macroeconomic priorities. This book provides essential reading for advanced students and scholars with an interest in the foundations of Keynes’s theories and current debates within macroeconomic policy.