Name: Keynesian Revolution and Its Critics By Gordon A. Fletcher
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Keynesian Revolution and Its Critics Summary

Keynesian Revolution and Its Critics: Issues of Theory and Policy for the Monetary Production Economy by Gordon A. Fletcher

This study examines the pioneering economic work by John Maynard Keynes, The General Theory of Employment, Interest and Money, and attempts to explain, with constant reference to the original sources, the complexity of Keynes' theories and the critical response they evoked.

Part 1 Money in the economy: the institution of money - an introduction; the monetary economy; money, investment and saving - Keynes' crucial distinction, Say's Law in a monetary economy. Part 2 The Keynesian revolution and its critics - Robertsonian economics: Keynes' revolution; the Robertsonian critique; the principle of effective demand; Keynes' theory of investment and saving; Robertson and Keynes or investment and saving; the finance of investment; the rate of interest; a monetary theory of the rate of interest; the conditions for money as the standard; the market rate of interest and its economic significance; the Keynesian economic problem and its solution. Part 3 The Keynesian revolution and its critics - monetarists and Austrians: the consequences of Mr Keynes?; monetarism - the counter-revolution; - Keynes and the Keynesians; - rational expectations; the Austrians - tenets of the faith; - Hayek and the trade cycle; - two routes to serfdom; employment policy; the Keynesian revolution in context.

Additional information

Sku

NLS9780333492222

ISBN 13

9780333492222

ISBN 10

0333492226

Title

Keynesian Revolution and Its Critics: Issues of Theory and Policy for the Monetary Production Economy by Gordon A. Fletcher

Author

Gordon A. Fletcher

Series

Keynesian Studies

Condition

New

Binding type

Paperback

Publisher

Palgrave Macmillan

Year published

1989-08-01

Number of pages

348

Prizes

N/A

Cover note

Book picture is for illustrative purposes only, actual binding, cover or edition may vary.

Note

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Keynesian Revolution and Its Critics Gordon A. Fletcher

Keynesian Revolution and Its Critics by Gordon A. Fletcher

Summary

Keynesian Revolution and Its Critics Summary

Keynesian Revolution and Its Critics: Issues of Theory and Policy for the Monetary Production Economy by Gordon A. Fletcher

Table of Contents

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