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Keynes, Uncertainty and the Global Economy

Keynes, Uncertainty and the Global Economy
Author: Sheila C. Dow
Publisher: Edward Elgar Publishing
Total Pages: 344
Release: 2002-01-01
Genre: Business & Economics
ISBN: 9781781950067

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This book should be welcomed by post Keynesian economists, microeconomists and those interested in international economics.


Beyond Keynes: Keynes, uncertainty and the global economy

Beyond Keynes: Keynes, uncertainty and the global economy
Author: Sheila C. Dow
Publisher:
Total Pages: 342
Release: 2002
Genre: Competition
ISBN:

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This book should be welcomed by post Keynesian economists, microeconomists and those interested in international economics.


The Economics of Keynes and Uncertainty in Theory

The Economics of Keynes and Uncertainty in Theory
Author: Keun H. Lee
Publisher: Cambridge Scholars Publishing
Total Pages: 499
Release: 2023-12-19
Genre: Business & Economics
ISBN: 1527518612

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Modern academic and political establishments generally accept Keynesian economics as the primary theoretical work regarding The General Theory of Employment, Interest, and Money by John Maynard Keynes. However, the discipline of economics has been unable to fully understand Keynes’s ideas, even after almost a century of intense scrutiny since its publication in 1936. This book argues that this is due to the field’s failure to recognize the central theme of Keynes’s ideas, uncertainty. When people do not have all the relevant information on which to base their decisions, they can only act in ways which they believe are in their best interest, or fall back on conventions. Keynes’s work elucidates the conventions which people fall back on to cope with uncertainty in economic life. With this in mind, this book builds upon Keynes’s ideas on uncertainty and conventions, and offers an alternative view of Keynes’s work, which constitutes the foundation of modern economics.


The Philosophy of Keynes's Economics

The Philosophy of Keynes's Economics
Author: Jochen Runde
Publisher: Psychology Press
Total Pages: 292
Release: 2003
Genre: Keynesian economics
ISBN: 9780415312448

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John Maynard Keynes is undoubtedly the most influential Western economist of the twentieth century. His emphasis on the nature and role of uncertainty in economic thought is a dominant theme in his writings. This book brings together a wide array of experts on Keynes' thought such as Gay Tulip Meeks, Sheila Dow and John Davis who discuss, analyse and criticise such themes as Keynesian probability and uncertainty, the foundations of Keynes' economics and the relationship between Keynes' earlier and later thought. The Philosophy of Keynes' Economics is a readable and comprehensive book that will interest students and academics interested in the man and his thought.


Keynes on Monetary Policy, Finance and Uncertainty

Keynes on Monetary Policy, Finance and Uncertainty
Author: Jorg Bibow
Publisher: Routledge
Total Pages: 340
Release: 2013-03-01
Genre: Business & Economics
ISBN: 1134262043

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This book provides a reassessment of Keynes’ theory of liquidity preference. It argues that the failure of the Keynesian revolution to be made in either theory or practice owes importantly to the fact that the role of liquidity preference theory as a pivotal element in Keynes’ General Theory has remained underexplored and indeed widely misunderstood even among Keynes’ followers and until today. The book elaborates on and extends Keynes’ conceptual framework, moving it from the closed economy to the global economy context, and applies liquidity preference theory to current events and prominent hypotheses in global finance. Jörg Bibow presents Keynes’ liquidity preference theory as a distinctive and highly relevant approach to monetary theory offering a conceptual framework of general applicability for explaining the role and functioning of the financial system. He argues that, in a dynamic context, liquidity preference theory may best be understood as a theory of financial intermediation. Through applications to current events and prominent hypotheses in global finance, this book underlines the richness, continued relevance, and superiority of Keynes’ theory of liquidity preference; with Hyman Minsky standing out for developing Keynes’ vision of financial capitalism.


Keynes

Keynes
Author: Peter Temin
Publisher: MIT Press
Total Pages: 132
Release: 2014-09-19
Genre: Business & Economics
ISBN: 0262321955

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Why Keynes is relevant to today's global economic crisis, and how Keynesian ideas can point the way to renewed economic growth. As the global economic crisis continues to cause damage, some policy makers have called for a more Keynesian approach to current economic problems. In this book, the economists Peter Temin and David Vines provide an accessible introduction to Keynesian ideas that connects Keynes's insights to today's global economy and offers readers a way to understand current policy debates. They survey economic thinking before Keynes and explain how difficult it was for Keynes to escape from conventional wisdom. They also set out the Keynesian analysis of a closed economy and expand the analysis to the international economy, using a few simple graphs to present Keynes's formal analyses in an accessible way. Finally, they discuss problems of today's world economy, showcasing the usefulness of a simple Keynesian approach to current economic policy choices. Keynesian ideas, they argue, can lay the basis for a return to economic growth.


The Keynes Solution

The Keynes Solution
Author: Paul Davidson
Publisher: St. Martin's Press
Total Pages: 212
Release: 2009-09-01
Genre: Business & Economics
ISBN: 0230101011

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Today's financial crisis has led to a widespread lack of confidence in the laissez faire style of economic policy. In The Keynes Solution author Paul Davidson provides insights into how we got into the crisis—but more importantly how to use Keynes economic philosophy to get out of this mess. John Maynard Keynes was committed to making the market economy work—but our current system has been a dismal failure. Keynes advocated for an interventionalist government role, in cooperation with private initiative, to mitigate the adverse effects of recessions, depressions and booms. His economic policy helped the world out of the great depression and was an important influencer in the thinking behind FDR's new deal policies. In this book Keynesian expert Davidson makes recommendations and details plans for spending, monetary policy, financial market rules and regulation, and wages—all to reverse the effects of our past policies. Keynes renewed influence can be seen everywhere: in Barack Obama's planned stimulus package, for example—and this book explains the basic tenant of Keynesian economics as well as applied solutions to today's critical situation.


Ethics and Uncertainty

Ethics and Uncertainty
Author: William B. Greer
Publisher: Edward Elgar Publishing
Total Pages: 168
Release: 2000-01-01
Genre: Business & Economics
ISBN: 9781781959312

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This study explores how two economists, who both placed "uncertainty" at the heart of their economic theories, came to drastically different and opposing policy recommendations. The volume illustrates the important lesson to be learned from Keynes and Knight.


Beyond Keynes

Beyond Keynes
Author: Sheila C. Dow
Publisher:
Total Pages:
Release: 2002
Genre: Corporations
ISBN:

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A New Guide to Post Keynesian Economics

A New Guide to Post Keynesian Economics
Author: Richard P. F. Holt
Publisher: Psychology Press
Total Pages: 156
Release: 2001
Genre: Keynesian economics
ISBN: 9780415229821

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Providing a comprehensive introduction to the post-Keynesian position on key issues confronting economists and public policy makers, this text reflects the changes that have occurred in post-Keynesian thought in recent years.