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

Historical Perspectives on Macroeconomics: Sixty Years After the 'General Theory'
ISBN-10
1134716419
ISBN-13
9781134716418
Category
Business & Economics
Pages
168
Language
English
Published
2005-08-12
Publisher
Routledge
Authors
Philippe Fontaine, Albert Jolink

Description

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.

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