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| the keynesian view of economics assumes that: The General Theory of Employment, Interest, and Money John Maynard Keynes, 2018-07-20 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. |
| the keynesian view of economics assumes that: Finance & Development, September 2014 International Monetary Fund. External Relations Dept., 2014-08-25 This chapter discusses various past and future aspects of the global economy. There has been a huge transformation of the global economy in the last several years. Articles on the future of energy in the global economy by Jeffrey Ball and on measuring inequality by Jonathan Ostry and Andrew Berg are also illustrated. Since the 2008 global crisis, global economists must change the way they look at the world. |
| the keynesian view of economics assumes that: The Assumptions Economists Make Jonathan Schlefer, 2012-03-20 Economists make confident assertions in op-ed columns and on cable news—so why are their explanations at odds with equally confident assertions from other economists? And why are all economic predictions so rarely borne out? Harnessing his frustration with this contradiction, Schlefer set out to investigate how economists arrive at their opinions. |
| the keynesian view of economics assumes that: What’s Wrong with Keynesian Economic Theory? Steven Kates, 2016-08-26 Possibly the strangest phenomenon in all of economics is the absence of a long tradition of criticism focused on Keynesian economic theory. Keynesian demand management has been at the centre of some of the worst economic outcomes in history, from the great stagflation of the 1970s to the lost decade and more in Japan following the expenditure program of the 1990s. And once again, following the Global Financial Crisis, it is incontrovertible that no stimulus program in any part of the world has been a success, each one having been abandoned as conditions deteriorated under the weight of public sector spending. This book brings together some of the most vocal critics of Keynesian economics. Each author attempts to explain what is wrong with Keynesian theory in ways that can be understood by those seeking guidance on where to turn for a more accurate explanation of the business cycle and on what to do when recessions occur. |
| the keynesian view of economics assumes that: The Commanding Heights Daniel Yergin, 1998 |
| the keynesian view of economics assumes that: Contending Economic Theories Richard D. Wolff, Stephen A. Resnick, 2012-09-07 A systematic comparison of the 3 major economic theories—neoclassical, Keynesian, and Marxian—showing how they differ and why these differences matter in shaping economic theory and practice. Contending Economic Theories offers a unique comparative treatment of the three main theories in economics as it is taught today: neoclassical, Keynesian, and Marxian. Each is developed and discussed in its own chapter, yet also differentiated from and compared to the other two theories. The authors identify each theory's starting point, its goals and foci, and its internal logic. They connect their comparative theory analysis to the larger policy issues that divide the rival camps of theorists around such central issues as the role government should play in the economy and the class structure of production, stressing the different analytical, policy, and social decisions that flow from each theory's conceptualization of economics. Building on their earlier book Economics: Marxian versus Neoclassical, the authors offer an expanded treatment of Keynesian economics and a comprehensive introduction to Marxian economics, including its class analysis of society. Beyond providing a systematic explanation of the logic and structure of standard neoclassical theory, they analyze recent extensions and developments of that theory around such topics as market imperfections, information economics, new theories of equilibrium, and behavioral economics, considering whether these advances represent new paradigms or merely adjustments to the standard theory. They also explain why economic reasoning has varied among these three approaches throughout the twentieth century, and why this variation continues today—as neoclassical views give way to new Keynesian approaches in the wake of the economic collapse of 2008. |
| the keynesian view of economics assumes that: Economics, 12e David Begg, Gianluigi Vernasca, 2019-12-11 Economics, 12e |
| the keynesian view of economics assumes that: Perspectives on Keynesian Economics Arie Arnon, Jimmy Weinblatt, Warren Young, 2010-11-29 This book combines historical and policy-oriented perspectives on the relevance of the Keynesian approach for economic theory, policy, and crisis analysis. The first part focuses on historical, theoretical, and methodological issues, and puts them in context with current developments. The second part focuses on the application of the Keynesian approach to modeling the economy, policy-making, and analyzing the ongoing crisis of the early 21st century. Bringing together contributions by leading macroeconomists such as Laidler, Cukierman, Colander and Boyer, and leading historians of economics such as Hollander, Boianovsky, Marcuzzo, Dimand, Witztum, Young, deVroey and Arnon, the book offers a comprehensive overview of Keynesian economics today. One of the book’s most essential features are the commentaries on the papers, which promote a cross-fertilization between macroeconomists and historians of economics, providing, in conjunction with the papers themselves, a balanced outlook on the current relevance of Keynesian economics. |
| the keynesian view of economics assumes that: Macroeconomic Theory - 14Th Edn M C Vaish, 2010 A complete textbook for UG and PG students of economics, commerce and business management, it provides an integrated view of macroeconomics from a global perspective as well as from Indian with special emphasis on Indian monetary policy. Divided into 4 parts--Introductory, Macroeconomic accounting, 3. Macroeconomic theory, 4. Money, interest and prices, 5. Policy, Foreign exchange and banking, 6. Trade cycle theories and economic growth |
| the keynesian view of economics assumes that: John Maynard Keynes Charles Robert McCann, 1998 |
| the keynesian view of economics assumes that: Supply-side Economics United States. Congress. House. Committee on the Budget. Task Force on Tax Policy, 1981 |
| the keynesian view of economics assumes that: A History of Macroeconomics from Keynes to Lucas and Beyond Michel De Vroey, 2016-01-08 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. |
| the keynesian view of economics assumes that: Interest and Prices Knut Wicksell, 2011-03-23 This antiquarian volume contains a fascinating treatise on interest-rates and prices in the late nineteenth century. Containing a wealth of interesting historic information on the state of the economy at this pivotal point in history, this is a text that will be of much value to those with an interest in the history and development of the modern economy, and is not to be missed by collectors of such literature. The chapters of this book include: 'Purchasing Power of Money and Average Prices', 'Relative Prices and Money Prices', 'The So-Called Cost of Production Theory of Money', 'The Quantity Theory and its Opponents', 'The Velocity of Circulation of Money', 'The Rate of Interest as Regulator of Commodity Prices', etcetera. This antiquarian book is being republished now in an affordable, modern edition complete with a new prefatory biography of the author. 'Interest and Prices' was first published in 1898. |
| the keynesian view of economics assumes that: The National Economy , |
| the keynesian view of economics assumes that: , |
| the keynesian view of economics assumes that: UGC NET economics unit-6 Public Economics book with 500 question answer as per updated syllabus DIWAKAR EDUCATION HUB , 2022-08-19 UGC NET economics unit-6 |
| the keynesian view of economics assumes that: Essays on Keynesian and Kaldorian Economics A. Thirlwall, 2015-02-26 This volume of essays contains 16 papers the author has written over the last 40 years on various aspects of the life and work of John Maynard Keynes and Nicholas Kaldor. It covers both theoretical and applied topics and highlight the continued relevance of Keynesian and Kaldorian ideas for understanding the functioning of capitalist economies. |
| the keynesian view of economics assumes that: An Enquiry into the Nature and Effects of the Paper Credit of Great Britain Henry Thornton, 2017-01-27 This book, first edited with an introduction by F. A. v. Hayek in 1939, explores some of the popular errors which related to the suspension of the cash payments of the Bank of England, and to the influence of our paper currency on the price of provisions. The introduction provides an interesting overview of the life, thoughts, and achievements of Henry Thornton. An Enquiry into the Nature and Effects of the Paper Credit of Great Britain will be of interest to students of the history of economic thought. |
| the keynesian view of economics assumes that: Conquering the Bull and the Bear Tim Nguyen, 2013-05 Do you feel that the stock market is too complex to understand? Have you ever wondered why the stock market goes up when you feel it should go down? Do you lack a framework and strategy for making investment decisions? Are you nearing retirement and concerned about the longevity of your hard-earned assets? Conquering the Bull and the Bear gives you the tools you need to become a lifelong successful investor by providing a framework for making decisions and changing the way you think about investing. This book portrays how the stock market works at its roots-the people, entities, and processes involved in shaping the economic and socio-political landscape combined with a detailed look at the idiosyncrasies of market behavior. No other book brings together seemingly disparate topics such as history, psychology, banking, and politics into a cohesive structure to help you identify key turning points in the stock market so you can be ahead of major moves. A skilled investment advisor, Tim Nguyen shares the principles that have served him well in approaching the market. From having a long-term focus to reading the politics and trends that affect the market, the sound suggestions in Conquering the Bull and the Bear offer clear guidelines to investing and having a secure portfolio in times of downturn and growth. By taking an interdisciplinary approach to understanding the world in which we live and how the stock market reacts in that world, Nguyen gives you the power, perspective, and strategies to help you spot key turning points in the stock market. |
| the keynesian view of economics assumes that: The General Theory of Employment, Interest and Money John Maynard Keynes, 1989 |
| the keynesian view of economics assumes that: Introduction to Post-Keynesian Economics M. Lavoie, 2007-06-15 This book shows how the realistic foundations and stylized facts of Post-Keynesian economics give rise to macroeconomic implications that are different from those of received wisdom with regards to employment, output growth, inflation and monetary theory, and offers an alternative to neoclassical economics and its free-market economic policies. |
| the keynesian view of economics assumes that: The Economics of Keynes Mark Hayes, 2008-01-01 In this guide to general theory, Mark Hayes presents Keynes's illustrious work as a sophisticated Marshallian theory fo the competitive equillibrium of the economy as a whole. |
| the keynesian view of economics assumes that: Keynes Scholar Fouad Sabry, 2024-04-20 Who is Keynes Scholar Robert Jacob Alexander, Baron Skidelsky, is a British economic historian. He is the author of a three-volume award-winning biography of British economist John Maynard Keynes (1883-1946). Skidelsky read history at Jesus College, Oxford, and is Emeritus Professor of Political Economy at the University of Warwick, England. How you will benefit (I) Insights about the following: Chapter 1: Robert Skidelsky Chapter 2: John Maynard Keynes Chapter 3: Alfred Marshall Chapter 4: Post-Keynesian economics Chapter 5: Oswald Mosley Chapter 6: Montagu Norman, 1st Baron Norman Chapter 7: Lionel Robbins Chapter 8: Social Market Foundation Chapter 9: J. Bradford DeLong Chapter 10: Eric Roll, Baron Roll of Ipsden Chapter 11: Colin Clark (economist) Chapter 12: Roy Harrod Chapter 13: John Strachey (politician) Chapter 14: Social Democratic Party (UK, 1988-1990) Chapter 15: Richard Hopkins (civil servant) Chapter 16: 2008-2009 Keynesian resurgence Chapter 17: Keynesian Revolution Chapter 18: Heavenly Twins (Sumner and Cunliffe) Chapter 19: Post-war displacement of Keynesianism Chapter 20: Keynes: The Return of the Master Chapter 21: Robert Wade (scholar) Who this book is for Professionals, undergraduate and graduate students, enthusiasts, hobbyists, and those who want to go beyond basic knowledge or information about Keynes Scholar. |
| the keynesian view of economics assumes that: Politics Peter Ferdinand, Robert Garner, Stephanie Lawson, 2018 An unrivalled combination of exceptional clarity and analysis |
| the keynesian view of economics assumes that: Keynes Peter Temin, David Vines, 2014-09-19 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 keynesian view of economics assumes that: Keynes, the Keynesians and Monetarism Tim Congdon, 2007 ''Keynes, the Keynesians and Monetarism is an intriguing miscellaneous of essays by one of Britain''s leading monetarist economists in the 1980s and in the 1990s. The book indeed brings together the main academic papers written by the author revising and up-to-dating the previous collection titled, Reflections on Monetarism, with the new papers published in the first years of 2000. The book by this advocate of monetarism is very often appealing and provocative, covering topics that are fundamental to macroeconomic thinking and policy-making. . . certainly appealing for macroeconomists and researchers. . .'' Lino Sau, History of Economic Ideas ''In the context of the current economic climate, this volume provides an excellent opportunity for reappraising the arguments on both sides of the debate. . . The importance of this volume is that it provides the interested reader with an excellent summary of the monetarist position prior to the current crisis.'' Economic Outlook and Business Review ''Tim Congdon has been Britain''s leading monetarist for about three decades. . . He has a sharp eye for statistics, for history, for the twists and flows of intellectual fads, and for the political arena where debate hardens suddenly into the stone of decision. He is subtle, practical, bellicose and highly articulate. This volume is vintage Congdon in every sense.'' Peter Sinclair, The Business Economist ''Tim Congdon''s book revisits the intellectual battlefields of British monetary theory and policy. A doughty advocate of monetarism, he is stimulating, controversial and entertaining.'' Charles Goodhart, London School of Economics and Political Science, UK ''Whether rescuing Keynes from the Keynesians or finding support in his earlier works for a distinctly British version of Monetarism, Tim Congdon writes with engaging and provocative enthusiasm. This is a timely collection too, coming from a long-standing exponent of ideas that policy makers are once again beginning to take seriously. It deserves the careful attention of anyone interested in British monetary policy.'' David Laidler, University of Western Ontario, Canada ''As with all Tim Congdon''s writing, beautifully written and vigorously argued.'' Robert Sidelsky, author of the biography John Maynard Keynes: Economist, Philosopher, Statesman Keynes, the Keynesians and Monetarism is a major contribution to the continuing debate on macroeconomic policy-making. Tim Congdon has been a strong supporter of monetarist economic principles for over 30 years. His writings in the newspapers and for parliamentary committees, as well as in academic journals played an influential role in the transformation of British macroeconomic policy in the 1980s and 1990s. This book brings together the main papers written by the author since his 1992 collection, Reflections on Monetarism. It challenges several ''conventional wisdoms'' about UK macroeconomic policy (and thinking about policy), arguing for example that the Keynesians'' advocacy of incomes policy and fiscal activism in the immediate post-war decades did not have a clear basis in Keynes''s own writings. The book denies that the UK had a ''Keynesian revolution'', in the sense of a deliberately pursued fiscal activism to promote ''full employment''. Implicit throughout the volume is a distinctive view of how the economy works, with an account of the transmission mechanism (from money to the economy) in which movements in asset prices and aggregate demand are strongly influenced by the quantity of money. Congdon uses this approach to demonstrate that monetary policy has had more powerful effects on macroeconomic activity in the post-war period than fiscal policy. He also suggests that the now fashionable ''New Keynesian'' view of policy-making acknowledges the primacy of monetary policy and would be better termed ''output gap monetarism''. In short, Keynes, the Keynesians and Monetarism contends that monetarism defeated Keynesianism in the battle of ideas in the 1970s and 1980s. The achievement of greater macroeconomic stability in the last 15 years is largely due to the impact of monetarist thinking on policy-making. The book is clearly and attractively written, and covers topics that are fundamental to macroeconomic thinking and policy-making. It will be a provocative and appealing read for scholars at all levels of economics, macroeconomics and monetary theory. It will also find an audience among policymakers in central banks and finance ministries, business economists working in companies, and financial economists in the City of London and other centres. |
| the keynesian view of economics assumes that: Fractured Cities Brian D. Jacobs, 2003-09-02 Anglo-American cities face economic decline, social polarisation and racial conflict. Their fate is increasingly decided by the global actions of transnational corporations and market forces. Community groups find it difficult to gain access to the political system. Ethnic minorities strive for empowerment while indebted city governments battle to maintain basic services. Such is the urban crisis of the 1990s. Fractured Cities describes the political economy of urban change and explores the future of the city. |
| the keynesian view of economics assumes that: Dissent on Keynes Mark Skousen, 1992-03-19 Published under the auspices of the Ludwig von Mises Institute. Includes bibliographical references (p. [225]-243) and index. |
| the keynesian view of economics assumes that: Institutions, Behaviour and Economic Theory Heinrich Bortis, 1997 This book is about the conceptual foundations of an intermediate way between liberalism and socialism. From a standpoint of economic theory, this middle way is conceived of as a synthesis of classical (Ricardian) and Keynesian political economy. While the former deals with proportions between individuals or collectives and society in tackling the problems of distribution and value on the basis of the surplus principle, the latter is concerned with the scale of economic activity as explained by the principle of effective demand. Political economy pictures the economic aspects of the functioning of the institutional system within which the behaviour of individuals is embedded. The economy considered is, primarily, neither a market nor a planned economy, but, rather, a monetary production economy. To establish an alternative to liberalism and socialism requires setting up a system of the social sciences. In this work suggestions are made for linking political economy with other social sciences, i.e. sociology, law and politics in the traditional sense, thus establishing the unity of the social sciences. In a Keynesian vein, the social sciences are conceived of as moral sciences, a view which gives rise to a specific philosophy of history. To complete the picture, issues of method associated with the theory of knowledge in the social sciences and the problem of linking theory with historical reality are also covered. |
| the keynesian view of economics assumes that: Austerity Mark Blyth, 2015 In Austerity: The History of a Dangerous Idea, Mark Blyth, a renowned scholar of political economy, provides a powerful and trenchant account of the shift toward austerity policies by governments throughout the world since 2009. The issue is at the crux about how to emerge from the Great Recession, and will drive the debate for the foreseeable future. |
| the keynesian view of economics assumes that: Economics David A. Dieterle, 2017-03-27 A comprehensive four-volume resource that explains more than 800 topics within the foundations of economics, macroeconomics, microeconomics, and global economics, all presented in an easy-to-read format. As the global economy becomes increasingly complex, interconnected, and therefore relevant to each individual, in every country, it becomes more important to be economically literate—to gain an understanding of how things work beyond the microcosm of the economic needs of a single individual or family unit. This expansive reference set serves to establish basic economic literacy of students and researchers, providing more than 800 objective and factually driven entries on all the major themes and topics in economics. Written by leading scholars and practitioners, the set provides readers with a framework for understanding economics as mentioned and debated in the public forum and media. Each of the volumes includes coverage of important events throughout economic history, biographies of the major economists who have shaped the world of economics, and highlights of the legislative acts that have shaped the U.S. economy throughout history. The extensive explanations of major economic concepts combined with selected key historical primary source documents and a glossary will endow readers with a fuller comprehension of our economic world. |
| the keynesian view of economics assumes that: Monetary Theory and Policy Didier Laussel, William Marois, Antoine Soubeyran, 2012-12-06 Didier LAUSSEL, William MAROIS and Antoine SOUBEYRAN The papers collected in this volume were presented at the 4th International Conference on Monetary Economics and Banking held in Aix-en-Provence on June 1987 and organized by the C.E.F.I. (Center for International Economics and Finance of the University of Aix-Marseille II) and the GRECO Monnaie et Financement of the C.N.R.S. (National Center for Scientific Research). They concern two main topics: monetary theory and monetary policy. In the first one, the contributions provide new insights in some important problems like rational expectations, monetary optimizing models or portfolio choices. In the second one, almost all the texts are devoted to the game-theoretic approach of monetary policy which is a research area mainly developped since about ten years. I. MONETARY THEORY In their well known article on Recent Developments in Monetary Theory, R. BARRO and S. FISCHER (1976) discussed seven main topics among which the theory of money demand, money, inflation and growth, disequilibrium theory, rational expectations and the Phillips Curve. Twelve years after, papers of this volume give some new results in these areas or explore new paths of research like a monetary theory of an innovative process of production or the application of the theory of contracts to financial problems. |
| the keynesian view of economics assumes that: Balanced Budgets and American Politics James Savage, 2019-05-15 A topical issue but hardly a new one, the concern for balancing the federal budget has been a perennial source of conflict in American political life. In Balanced Budgets and American Politics, James Savage explores the causes and development of the nation's preoccupation with this issue. Savage argues that the American fascination with the idea of balancing the federal budget is deeply rooted and reflects more than a contemporary concern about interest rates, inflation, or even the outcome of recent budget battles. His analysis demonstrates the considerable influence that the principle budget balancing has had on politics and public policy from 1690 through Ronald Reagan's first term as president. |
| the keynesian view of economics assumes that: Systems Thinking View on the Situation of Unemployment in the USA Roland Schuster, 2003-08-27 Inhaltsangabe:Abstract: The diploma thesis Systems Thinking View on the Situation of Unemployment in the United States was performed at the University of California San Diego at the Department of Sociology with advise of Prof. John Evans PhD in cooperation with the Institute of Industrial Engineering, Ergonomics and Business Economics with advise of O.Univ.Prof. Dipl.-Ing. Dr.techn. Franz Wojda and Ass.Prof. Dipl.-Ing. Dr.techn. Walter Hackl-Gruber by Roland Schuster. It is in accordance to a specialization in leadership and organization. The diploma thesis has its roots in the general system theory and emphasizes on a holistic view on the situation of unemployment in the United States. The chosen approach is a combination of state of the art scientific knowledge from the fields of sociology, psychology and economy. In the previous work performed for the thesis it was detected that the diversity of the basic approach is necessary in meeting the complexity of the issue. The many different factors influencing the chosen topic of unemployment are widespread. Contributing to the theory of systems thinking the goal of the thesis was to find and describe an existing pattern that makes it possible to see the dynamic of the system. The systemic view takes in account that everything is interconnected and hence interacting. Systems thinking states that there are effects and influences on- and by unemployment that are only visible in applying a holistic view. The reason why the present paper is groundbreaking is not so much because of the used scientific knowledge, which is state of the art, but because of the combination of this knowledge. This combination is meant to regard to one of the tasks given by cybernetics in increasing differentiation instead of increasing growth. The basic standpoint is that the quantity of existing knowledge is already enough to create possible approaches for ways to optimize the current situation. Only lacking is the understanding of how all the fragments are connected. Systems thinking, an application of system theory, in this context, is seen as a tool that makes it possible to develop a model to generate this understanding. The thesis provides a brief overview of the United States Unemployment Insurance System and a systems thinking approach used for an interpretation of the current situation in the United States. The diploma thesis is seen as basic work for further research on the situation of unemployment in the [...] |
| the keynesian view of economics assumes that: The Age of Fragmentation Alessandro Roncaglia, 2019-12-05 A wide-ranging historical account and critical analysis of the global development of economics from 1940 to the present day. |
| the keynesian view of economics assumes that: Reconstructing Political Economy William K. Tabb, 2002-01-22 This volume offers an original perspective on the questions the great economists have asked and looks at their significance for todays world. Written in a provocative and accessible style, it examines how the diverse traditions of political economy have conceptualised economic issues, events and theory. Going beyond the orthodoxies of mainstream economics it shows the relevance of political economy to the debates on the economic meaning of our times. Reconstructing Political Economy is a timely and thought-provoking contribution to a political economy for our time. In this light it offers fresh insights into such issues as modern theories of growth, the historic relations between state and market and the significance of globalisation for modern societies. |
| the keynesian view of economics assumes that: Theories of Development Richard Peet, Elaine Hartwick, 2015-04-24 This widely adopted text starts with the fundamentals--what is economic growth, what is development, and what is the relationship between these two concepts? The authors examine orthodox theories of growth grounded in different schools of economics (classical, neoclassical, Keynesian, neoliberal) before considering critical alternatives (Marxist, socialist, poststructuralist, and feminist). The book elucidates the basic ideas that underpin contemporary controversies and debates surrounding economic growth, environmental crisis, and global inequality. It highlights points of contention among the various theories and links them to historical and current world events. New to This Edition *Reflects the latest data and global development trends, such as the effects on economies of extreme weather events and climate change. *New discussions throughout the chapters, including the work of Thomas Piketty, Richard Florida, William Easterly, Niall Ferguson, and Arturo Escobar. *Responds to current crises, including the global financial meltdown and its consequences and the rise of finance capitalism. |
| the keynesian view of economics assumes that: Proceedings of the ... Annual Conference on Taxation Held Under the Auspices of the National Tax Association-Tax Institute of America National Tax Association-Tax Institute of America, National Tax Association, 1978 Each volume beginning with volume 2, includes list of papers published in preceding volumes. |
| the keynesian view of economics assumes that: Stephen J. Gould: The Scientific Legacy Gian Antonio Danieli, Alessandro Minelli, Telmo Pievani, 2013-07-23 Stephen J. Gould’s greatest contribution to science is a revised version of the theory of evolution which offers today a useful framework for understanding progress in many evolutionary fields. His intuitions about the conjunction of evolution and development, the role of ecological factors in speciation, the multi-level interpretation of the units of selection, and the interplay between functional pressures and constraints all represent fruitful lines of experimental research. His opposition to the progressive representations of evolution, the gene-centered view of natural history, or the adaptationist “just-so stories” has also left its mark on current biology. In May 2012, at the Istituto Veneto di Scienze, Lettere ed Arti in Venice, an international panel of scientists and philosophers discussed Stephen J. Gould’s legacy, ten years after his death. This book presents a selection of those contributions, chosen for their interest and importance. A broad range of themes are covered: Gould’s contribution to evolutionary theory, including the concept of punctuated equilibria and the importance of his pluralism; the Gouldian view of genome and development; Gould’s legacy in anthropology; and, finally, the significance of his thought for the human sciences. This book provides a fascinating appraisal of the cultural legacy of one of the world’s greatest popular writers in the life sciences. This is the first time that scientists including some of Gould’s personal friends and co-authors of papers of momentous importance such as Niles Eldredge have come together to strike a balanced view of Gould's intellectual heritage. |
| the keynesian view of economics assumes that: Philosophy For Dummies Martin Cohen, 2012-01-24 Confused by metaphysics? In a muddle with aesthetics? Intimidated by Kant? Then look no further! Philosophy For Dummies, UK Edition is a complete crash-course in philosophical thought, covering key philosophers, philosophical history and theory and the big questions that affect us today. Tying in with standard UK curricula and including core topics such as logic, ethics and political philosophy, this impartial, expert guide cuts through the jargon to give you the facts. Whether you're a philosophy student or a complete beginner, Philosophy For Dummies, UK Edition will get you thinking and talking about philosophy in no time, and with maximum confidence. |
Keynesian economics - Wikipedia
Keynesian economics (/ ˈ k eɪ n z i ə n / KAYN-zee-ən; sometimes Keynesianism, named after British economist John Maynard Keynes) are the various macroeconomic theories and models …
Keynesian Economics: Theory and How It’s Used - Investopedia
May 10, 2025 · Keynesian economics is a macroeconomic theory of total spending in the economy and how it affects output, employment, and inflation. It was developed by British …
Keynesian economics | Definition, Theory, Examples, & Facts ...
Keynesian economics, body of ideas set forth by John Maynard Keynes in his General Theory of Employment, Interest and Money (1935–36) and other works, intended to provide a theoretical …
What Is Keynesian Economics? - Back to Basics - IMF
Keynesian economics gets its name, theories, and principles from British economist John Maynard Keynes (1883–1946), who is regarded as the founder of modern macroeconomics. …
Keynesian Economics Theory: Definition and Examples - The Balance
Sep 6, 2024 · Keynesian economics is a theory that says the government should increase demand to boost growth. Keynesians believe that consumer demand is the primary driving …
What Is Keynesian Economics? Definition, History, and Real …
Oct 12, 2022 · Keynesian economics argues that the driving force of an economy is aggregate demand—the total spending for goods and services by the private sector and government. In …
Keynesian Economics - Econlib
A Keynesian believes that aggregate demand is influenced by a host of economic decisions—both public and private—and sometimes behaves erratically. The public decisions include, most …
What is keynesian economics in simple terms? - California …
Dec 27, 2024 · Keynesian economics is a school of economic thought that was developed by British economist John Maynard Keynes in the early 20th century. It is based on the idea that …
Keynesian Economics: Concepts, Impact, and Critiques
Jan 9, 2025 · Keynesian economics provided an alternative approach that emphasized active government involvement. The significance of Keynesian economics lies in its impact on …
Keynesian Economics - Definition, Theory, Example, Vs Classical
Jun 21, 2022 · Keynesian economics refers to the economic school of thought advocating the impact of aggregate demand in shaping an economy. It establishes a cyclical connection …
Keynesian economics - Wikipedia
Keynesian economics (/ ˈ k eɪ n z i ə n / KAYN-zee-ən; sometimes Keynesianism, named after British economist John Maynard Keynes) are the various macroeconomic theories and models …
Keynesian Economics: Theory and How It’s Used - Investopedia
May 10, 2025 · Keynesian economics is a macroeconomic theory of total spending in the economy and how it affects output, employment, and inflation. It was developed by British …
Keynesian economics | Definition, Theory, Examples, & Facts ...
Keynesian economics, body of ideas set forth by John Maynard Keynes in his General Theory of Employment, Interest and Money (1935–36) and other works, intended to provide a theoretical …
What Is Keynesian Economics? - Back to Basics - IMF
Keynesian economics gets its name, theories, and principles from British economist John Maynard Keynes (1883–1946), who is regarded as the founder of modern macroeconomics. …
Keynesian Economics Theory: Definition and Examples - The …
Sep 6, 2024 · Keynesian economics is a theory that says the government should increase demand to boost growth. Keynesians believe that consumer demand is the primary driving …
What Is Keynesian Economics? Definition, History, and Real …
Oct 12, 2022 · Keynesian economics argues that the driving force of an economy is aggregate demand—the total spending for goods and services by the private sector and government. In …
Keynesian Economics - Econlib
A Keynesian believes that aggregate demand is influenced by a host of economic decisions—both public and private—and sometimes behaves erratically. The public decisions include, most …
What is keynesian economics in simple terms? - California …
Dec 27, 2024 · Keynesian economics is a school of economic thought that was developed by British economist John Maynard Keynes in the early 20th century. It is based on the idea that …
Keynesian Economics: Concepts, Impact, and Critiques
Jan 9, 2025 · Keynesian economics provided an alternative approach that emphasized active government involvement. The significance of Keynesian economics lies in its impact on …
Keynesian Economics - Definition, Theory, Example, Vs Classical
Jun 21, 2022 · Keynesian economics refers to the economic school of thought advocating the impact of aggregate demand in shaping an economy. It establishes a cyclical connection …
