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Reinterpreting Mr. Keynes

The IS-LM Enigma Revisited

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Springer


Paru le : 2022-01-19



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Description

This book examines the origins of the IS-LM model, one of the most significant innovations in the history of economic thought. It shows that the complete IS-LM model, including the equations and diagram, was produced by a group of economists who contributed their respective mathematical models of Keynes’s General Theory, including Champernowne, Reddaway, Harrod, and Meade, not to mention Hicks. Furthermore, the book discusses the implications of newly discovered archival material, including a previously overlooked document showing that John Maynard Keynes himself was the first to present the IS-LM model equations in a lecture he gave on December 4, 1933. It focuses on the implications of this material in terms of understanding the evolution of Keynes’s approach from 1933 to 1937, later interpreters of his General Theory, and the ongoing debate between Keynesians and Post-Keynesians on the nature of his system. Given the revelations it presents, this book will transform the profession’s understanding of the origins of the IS-LM model and modern macroeconomics.

Pages
161 pages
Collection
n.c
Parution
2022-01-19
Marque
Springer
EAN papier
9783030913410
EAN PDF
9783030913427
Informations sur l'ebook
Nombre pages copiables
1
Nombre pages imprimables
16
Taille du fichier
7260 Ko
Ce livre est accessible aux handicaps Voir les informations sur l'accessibilité
Prix
89,66 €
EAN EPUB
9783030913427
Informations sur l'ebook
Nombre pages copiables
1
Nombre pages imprimables
16
Taille du fichier
15206 Ko
Ce livre est accessible aux handicaps Voir les informations sur l'accessibilité
Prix
89,66 €

Warren Young is a Professor Emeritus, Economics, Bar Ilan University, Israel. He is the author and editor of 14 books and over 70 academic papers.  He is the author of "Interpreting Mr Keynes: the IS-LM Enigma" (Polity and Westview, 1987). He was a visiting scholar at Carnegie-Mellon University and former adviser, Archives Project, Federal Reserve Bank of Minneapolis.

Edward W. Fuller is an independent researcher in economics. He is editor of "A Source Book on Early Monetary Thought", "Mises A to Z", and "Rothbard A to Z". He has published articles in a wide variety of journals, including Cambridge Journal of Economics, Quarterly Journal of Austrian Economics, and Review of Austrian Economics.  

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