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The Impact of Keynes on Economics in the 20th Century
The Impact of Keynes on Economics in the 20th Century reconsiders the nature and significance of Keynes’s theories and economic policies. It provides important contrasting interpretations of Keynesian thought, and illustrates the diversity of Keynesianism in different European countries throughout the century.
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Critical Acclaim
Contributors
Contents
More Information
The Impact of Keynes on Economics in the 20th Century reconsiders the nature and significance of Keynes’s theories and economic policies. It provides important contrasting interpretations of Keynesian thought, and illustrates the diversity of Keynesianism in different European countries throughout the century.
The book provides a blend of theoretical and historical discussions to evaluate the contents and implications of Keynesianism. It includes reappraisals of modern interpretations of Keynes’s thought, the extent to which Keynesian ideas were anticipated in different European countries and the reactions to the Keynesian revolution. In addition the authors consider the impact of Keynesian thought on institutions which embraced, rejected or developed alternatives to this school of thought. The book is divided into three main parts. The first addresses Keynesian theory. The second part presents an overall picture of Keynesian-type policies and theories throughout Europe; many of these were not necessarily stimulated by Keynes but were the outcome of national traditions and on-going debates. The third part is devoted to how Keynesian policy has been used by government and non-governmental organizations in an attempt to deal with unemployment and deflation during the twentieth century.
The Impact of Keynes on Economics in the 20th Century will be welcomed by historians of economic thought, economic historians and those interested in Keynesian and post-Keynesian developments in Europe during this century.
The book provides a blend of theoretical and historical discussions to evaluate the contents and implications of Keynesianism. It includes reappraisals of modern interpretations of Keynes’s thought, the extent to which Keynesian ideas were anticipated in different European countries and the reactions to the Keynesian revolution. In addition the authors consider the impact of Keynesian thought on institutions which embraced, rejected or developed alternatives to this school of thought. The book is divided into three main parts. The first addresses Keynesian theory. The second part presents an overall picture of Keynesian-type policies and theories throughout Europe; many of these were not necessarily stimulated by Keynes but were the outcome of national traditions and on-going debates. The third part is devoted to how Keynesian policy has been used by government and non-governmental organizations in an attempt to deal with unemployment and deflation during the twentieth century.
The Impact of Keynes on Economics in the 20th Century will be welcomed by historians of economic thought, economic historians and those interested in Keynesian and post-Keynesian developments in Europe during this century.
Critical Acclaim
‘. . . an interesting collection that will be particularly useful to those who wish to be acquainted with the intellectual history of Keynesianism in the various and still largely unexplored cultural environments.’
– Maria Cristina Marcuzzo, Journal of the History of Economic Thought
‘. . . is valuable in providing surveys of reaction to Keynes, his ideas and policies, at various stages of his career and from a range of diverse traditions, some of them hitherto underrepresented.’
– Gordon Fletcher, European Society for the History of Economic Thought
– Maria Cristina Marcuzzo, Journal of the History of Economic Thought
‘. . . is valuable in providing surveys of reaction to Keynes, his ideas and policies, at various stages of his career and from a range of diverse traditions, some of them hitherto underrepresented.’
– Gordon Fletcher, European Society for the History of Economic Thought
Contributors
Contributors: A. Alcouffe, S. Almenar, R. Arena, P. Bini, R.W. Dimand, G. Duménil, A.M. Endres, G.A. Fleming, H. Hagemann, A. Leijonhufvud, D. Lévy, A. Magliulo, D. Parisi, L.L. Pasinetti, D. Rivaud-Danset, C. Rotondi, B. Schefold, C. Schmidt, R. Skidelsky
Contents
Contents: Preface Introduction Part I: Theory 1. J.M. Keynes’s ‘Revolution – the Major Event of Twentieth-Century Economics? 2. Mr Keynes and the Moderns 3. The Conditions for the Reinstatement of Keynesian Policy Part II: Keynesianism in European Countries (Before and After the General Theory) 4. Keynes and the French Guardians of Say’s Law 5. Keynes Before and After the General Theory 6. Keynes’s Economic Ideas in Spain before the General Theory 7. The Analysis of Wages and Unemployment Revisited 8. Keynesianism in Italy 9. Keynesian Elements in a Long-term Analysis Part III: Institutional Discussions of Keynesian Policies 10. The Rationalization of Industry as a Controversial Remedy for Unemployment 11. Pre-Keynesian Themes at Brookings 12. The ILO and the League of Nations 13. The Beveridge Retort Index