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Hayek's theory of cultural evolution has always generated controversy. Interest in Hayek's theory, and others' analysis and criticism of it, has been rising of late. This volume urges a reconsideration of Hayeks' theory of evolution and aims to explore the relevance of Hayek's theory for its own...
Persistent link: https://www.econbiz.de/10011851164
This groundbreaking title brings together a critical selection of key papers by the Nobel Memorial Laureates in Economics that have helped shape the development and present state of economics. The editors have organised this comprehensive series by theme and focuses on those Laureates working in...
Persistent link: https://www.econbiz.de/10011852326
Introduction -- Ethics : the sources of Keynes's vision -- Knowledge : uncertainty, probabilities and the moral … service of humanity -- Art : theoretician, consumer and patron of the arts -- Conclusion : from Keynes to Keynesianism. … thinkers of the last century, John Maynard Keynes, whose theses are still hotly debated. It combines, in an accessible, unique …
Persistent link: https://www.econbiz.de/10012420028
In this collection, esteemed post-Keynesian scholars reassess the relevance of Keynes's 'The General Theory' to a broad …Heterodox macroeconomics: what, exactly, are we against? / John E. King -- Keynes the Keynesian: a Lakatosian insight … into Keynes's 'probable' theoretical contributions to macroeconomics after 1937 /Jesús Muñoz and Joel Bonales -- Minsky and …
Persistent link: https://www.econbiz.de/10011850562
"Keynes' macroeconomic revolution is based on his microfoundations of economic behaviour derived from 'casual … that the allegation of the missing microfoundations in Keynes' theory is false. Instead, both Keynes' theory and … neoclassical model. Showing that Keynes' micro has much in common with behavioural economics, the book starts with the fundamentals …
Persistent link: https://www.econbiz.de/10013537822
Despite their common emphasis upon uncertainty as a key economic variable, Frank Knight and John Maynard Keynes viewed … atmosphere into which Keynes was born led him to consider individual and collective action positively, enabling policymakers to … policy recommendations. The volume illustrates that the important lesson to learn from both Knight and Keynes is that ethics …
Persistent link: https://www.econbiz.de/10014474106