Keynesian Economics

by Coddington,Alan

• ISBN13: 9780415313681
• ISBN10: 0415313686
• Edition: 1st
• Format: Hardcover
• Copyright: 2003-09-24
• Publisher: Routledge

Summary

First published in 1983

Table of Contents

Preface	vii
1 Introduction
1. The Keynesian connection	1	(4)
2. Outline of the argument	5	(4)
2 The Keynesian Dichotomy
1. Introduction	9	(2)
2. The Keynesian dichotomy	11	(7)
3. Dichotomies as analytical procedures	18	(4)
4. Concluding remarks	22	(2)
3 Demand Deficiency
1. Introduction	24	(2)
2. Involuntary unemployment	26	(12)
3. The pragmatics of 'demand deficiency'	38	(3)
4. Demand deficiency in its cyclical context	41	(4)
5. Concluding remarks	45	(5)
4 Deficient Foresight
1. Introduction	50	(1)
2. Keynes and uncertainty	50	(2)
3. The sources of variation in expenditure aggregates	52	(3)
4. Certainty and fallibility	55	(4)
5. Two schools	59	(3)
6. Concluding remarks	62	(2)
5 Hicks's Contribution
1. Introduction	64	(4)
2. Keynes's 'Classics' and Hicks's 'Classics'	68	(5)
3. Liquidity preference and loanable funds	73	(9)
4. Expectations and the multiplier process	82	(7)
5. Concluding remarks	89	(3)
6 The Search for First Principles
1. Introduction page	92	(1)
2. Fundamentalism	93	(7)
3. Hydraulicism	100	(5)
4. Reconstituted reductionism	105	(6)
5. Concluding remarks	111	(4)
7 Conclusion	115	(7)
Bibliography	122	(5)
Index	127