John Maynard Keynes

by Davidson, Paul

• ISBN13: 9780230229204
• ISBN10: 0230229204
• Format: Paperback
• Copyright: 2009-06-15
• Publisher: Palgrave Macmillan

Summary

This book examines the life of John Maynard Keynes, explores his influential writings and theories, and assesses his legacy. Davidson looks at the life of Keynes leading up to the writing of his seminal General Theory, and traces the roots of this work in Keynes's early influences, as well as examining the General Theoryin detail, and exploring 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 Biography

PAUL DAVIDSON is Editor and co-founder of the Journal of Post Keynesian Economics. He is the author, co-author or editor of 18 books and more than 220 published professional articles. He has taught at the University of Pennsylvania, Rutgers University, University of Bristol (UK), and the University of Tennessee. He has also held Visiting Professorships at University of Nice, Institute For Advanced Studies (Vienna), and University of Strasbourg, He has been the Associate Director of the Economics Division of Continental Oil company, a member of the Brookings Economics Panel, and consultant to numerous organizations including Resources For the Future, Energy Policy Project (Ford Foundation), central Bank of Ecuador, Central Bank of Venezuela, Central Bank of Uruguay, and the Interamerican Institute of Capital Markets, Federal trade Commission, Western Union Telegraph Company, Chase Econometrics Associates, State of Alabama, New York State Consumer Protection Agency, Federal Trade Commission, and the U.S. International Communications Agency (USIA and USIS).

Table of Contents

An Introduction to Keynes and his Revolutionary Views * How the Great War and its Aftermath Affected Keynes's Thinking * Keynes's Middle Way Liberalism is Truly a New Way * The Before and After of Keynes's General Theory * The Conceptual Difference between Keynes's General Theory and Classical Theory - Savings and Liquidity * Further Differentiating Keynes's Aggregate Demand Function * The Importance of Money, Contracts and Liquid Financial Markets * World War II and the Post War Open Economies System * Classical Trade Theory vs. Keynes's General Theory of International Trade and International Payments * Reforming the World's Money * Inflation * Keynes's Revolution: The Evidence Showing Who Killed Cock Robin

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