This is a review article of A 'Second Edition' of the General Theory Vols 1 and 2 edited by G.C. Harcourt and P …

subdiscipline has evolved. It considers some implications for today's awkward economic facts of aspects of Keynes' General Theory … on Keynes's place in its history, suggesting that these stem from a particular and debatable understanding of how the … that the questions about co-ordination that Keynes addressed, not to mention some of his answers, are well worth revisiting. …

This paper provides an analysis of Keynes's original Bancor proposal as well as more recent proposals for fixed …

analysis. Keynes's economics, far from being an aberration in the otherwise orderly evolution of modern macroeconomics from … Adam Smith's ideas about the invisible hand, was a major contribution to an ongoing tradition in monetary theory in whose … trading at false prices, a phenomenon ruled out by assumption in dynamic general equilibrium models. Not only Keynes …

career as an academic, focusing on growth theory and Belgian and European growth patterns in the post-war period. His work is … eclectic approach towards economics, blending economic theory and empirical data beautifully to elucidate crucial policy …

development of today's mainstream, stochastic, but essentially Walrasian, macroeconomic theory, rooted in his explicit deployment … of econometric theory in the analysis of forward-looking maximising behaviour in 1957, and in his later work on the … Phillips curve, is also assessed in the light of his own preference, which he shared with Keynes, for a pragmatic Marshallian …

contrasts with John Maynard Keynes's long-run policy propositions. More important, it is doomed to be ineffective if the degree … of tolerance of fiscal deficits is too low for full employment. Keynes's view that outside the gold standard fiscal …

background of a distinction between Keynesianism as a ‘moderately conservative’ (Keynes’s words) vision about the working of the … macroeconomics. The paper ends with a few remarks about the impact of the present crisis on the development of macroeconomic theory …

In his letter to US President Franklin D. Roosevelt Keynes (1933) wrote about "the technique of recovery itself". An … increase in output is brought about by an increase in purchasing power, Keynes argues, which can come from three sectors …: increases in debt of the respective sectors as defined by Keynes. A fourth technique, an increase in spending by the rest of the …