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Chapter 1. Market Mechanism: Stabilizing or Destabilizing?- Chapter 2. Artificial Wicksell–Keynes Model 3 Agent’s Behaviors -- Chapter 4. Steady State Equilibrium -- Chapter 5. Parameter Tuning for Baseline -- Chapter 6. Simulation Results and Discussions -- Chapter 7. The Mechanism of...
Persistent link: https://www.econbiz.de/10013040825
This book assesses major schools of thought in macroeconomic theory between the Great Depression and the Long Recession, focusing on their analysis of cycles, crises and macro-policy. It explores the road from the dominance of Keynesian ideas to those of New Classical Macroeconomics (NCM) toward...
Persistent link: https://www.econbiz.de/10013192341
Chapter 1. Keynes’s Lakatosian Scientific Research Programme (SRP) as Outlined in The General Theory of Employment, Interest and Money (1936) -- Part I Keynes: The Meaning of Background: 1883-1910 -- Chapter 2. Keynes’s intellectual debts and the ‘Locke Connection’ -- chapter 3....
Persistent link: https://www.econbiz.de/10012813748
Introduction, Keynes’s Own IS-LM Approach -- Prologue to Keynes’s IS-LM, 1930 to 1932 -- The Advent of Keynes’s IS-LM, 1933 -- “The Missing Link”: Keynes’s Own Lecture Notes, December 4, 1933, Impact and Implications -- Reconstructing Keynes’s IS-LM Approach, 1931 to 1937 --...
Persistent link: https://www.econbiz.de/10012814766
This book was originally published by Macmillan in 1936. It was voted the top Academic Book that Shaped Modern Britain by Academic Book Week (UK) in 2017, and in 2011 was placed on Time Magazine's top 100 non-fiction books written in English since 1923. Reissued with a fresh Introduction by the...
Persistent link: https://www.econbiz.de/10012396817
1. Introduction -- 2. Rationality as reasonableness: probability -- 3. Complexity and incommensurability: multidimensional, heterogeneous and interdependent magnitudes -- 4. The methodology of critique: probability and classical economic theory -- 5. Uncertainty as Greek tragedy’s legacy -- 6....
Persistent link: https://www.econbiz.de/10012596889
The economy of the 21st century in the OECD countries and in China, is characterized by a new phenomenon: the … plus China area. The authors argue that a free economic and social order can only be stabilized if the wealth aspirations …
Persistent link: https://www.econbiz.de/10012585248
Introduction -- Why Are Standard Micro-foundations Wrong? -- Statistical Physics and Macroeconomics -- Stochastic Macro-Equilibrium: A Micro-foundation of Keynesian Economics -- The Business Cycle: The Role of Aggregate Demand -- Demand Saturation and Economic Growth ―― Where Keynes and...
Persistent link: https://www.econbiz.de/10013418869
1. Introduction -- Part I: The Epistemological Dimension of Historicity -- 2. Preliminary Considerations about the Historicity of Capital -- 3. Economic Epistemology -- 4. Ricardo, Keynes and Stiglitz: The Epistemological Convergences -- Part II: Historicity and Economic Sciences -- 5. Theory of...
Persistent link: https://www.econbiz.de/10012398467
Part 1: History and Decision -- Chapter 1: How My Life and Work have been Influenced by J.M. Keynes and F.H. Knight: Introduction and Summary -- Chapter 2: On the Economics of Risk and Uncertainty:A Historical Perspective -- Chapter 3: J.M. Keynes on Probability versus F.H. Knight on...
Persistent link: https://www.econbiz.de/10012398658