market regularities and (ii) macroeconomic dynamics (long-term rates of growth, GDP uctuations, unemployment rates …

unemployment based on the skepticism toward existing theories based on the observations of a real economy.The study reveals two … and unfeasible.Second, Keynes's unemployment equilibrium is realized owing to market failure in a macro economy. Market … failure in a macro economy shows that involuntary unemployment results from quantitative and not price aspects. In other words …

standard (opposed by Keynes) in 1925 and his unsuccessful attempt to develop a theory of macroeconomic fluctuations in his … stagnation and high unemployment may have had his belief in a monetary explanation for the Great Depression shaken by the failure … of Britain's departure from the gold standard to cause a rapid recovery and reduce unemployment. This disappointment led …

complexity theory as part of an ongoing effort to understand macroeconomics as an evolving, path-dependent process. This book … celebrates and explores Basil Moore's interests in and contributions to monetary and macroeconomic theory … macroeconomics of endogenous money -- pt. 4. The macroeconomics of exogenous interest rates -- pt. 5. Unemployment, inflation and the …

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 …