This book reconstructs Keynesian macroeconomics so that it is compatible with the neoclassical dynamic microeconomic theory. This theory adopts three postulates: rational expectations, perfect price flexibility, and exclusion of the money in utility function (MIU). Based on the new theoretical...

Part I Reconsideration of The General Theory -- 1 Analyzing the Structure of The General Theory -- 2 Analyzing Book I of The General Theory -- 3 Analyzing Book II of The General Theory -- 4 Analyzing Book III of The General Theory -- 5 Analyzing Book IV of The General Theory -- 6 Analyzing Book...