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Four talks on Keynes in relation to the Bloomsbury Group: I. Maynard Keynes of Bloomsbury (Craufurd Goodwin); II. Keynes as Policy Advisor (E. Roy Weintraub); III. Keynes and Economics (Kevin D. Hoover); IV. Keynes and Hayek (Bruce Caldwell). The talks were delivered as part of roundtable...
Persistent link: https://www.econbiz.de/10011603268
In this paper the main developments in post-Keynesian macroeconomics since the mid- 1990s will be reviewed. For this purpose the main differences between heterodox economics in general, including post-Keynesian economics, and orthodox economics will be reiterated and an overview over the strands...
Persistent link: https://www.econbiz.de/10011560674
In this paper the main developments in post-Keynesian macroeconomics since the mid-1990s will be reviewed. For this purpose the main differences between heterodox economics in general, including post-Keynesian economics, and orthodox economics will be reiterated and an overview over the strands...
Persistent link: https://www.econbiz.de/10011918712
After the publication of Keynes' "General Theory," economics was frequently described as schizophrenia: (neo … or reclassified in the neoclassical synthesis. Keynes' General Theory is truly general. It includes the full … recent results in behavioral economics. Keynes' macroeconomics is the result of his microeconomics. Keynes' theory is a …
Persistent link: https://www.econbiz.de/10011929683
The potted histories of macroeconomics textbooks are typically Keynes-centric. Keynes is credited with founding macroeconomics, and the central developments in the field through the early 1970s, including large-scale macroeconometric models are usually termed "Keynesian." The story of...
Persistent link: https://www.econbiz.de/10011708002
This paper revisits Keynes's writings from Indian Currency and Finance (1913) to The General Theory (1936) with a focus … Great Depression may have informed his General Theory. Exploring the connection between the experience of the Great … Depression and the theoretical framework Keynes presents in The General Theory, the assumption of a constant money stock …
Persistent link: https://www.econbiz.de/10012291986
folgende Thesen: (a) Keynes sah sich selbst nicht primär als Wissenschaftler, sondern als Publizist. (b) Seine "General Theory …) Keynes saw himself primarily not as a scientist but as a writer. (b) His "General Theory" is best understood not as a …
Persistent link: https://www.econbiz.de/10011758149
out most of the economic theory that explains this natural tendency for markets to propagate financial fragility: Joseph … mounting moral hazard. The emergence of a behavioral finance literature has provided empirical support to the theory of …
Persistent link: https://www.econbiz.de/10011824161
Persistent link: https://www.econbiz.de/10003963134
macroeconomics. The paper ends with a few remarks about the impact of the present crisis on the development of macroeconomic theory …
Persistent link: https://www.econbiz.de/10011596982