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Agent-Based Keynesian Economics
1997In this paper Agent-based methods are adopted as a way of combining macroeconomics and microeconomics without founding one on the other. This leaves an opening for reconsideration of Keynesian macroeconomics, a reconsideration which results in a simulation model where money and finance plays a vital role.
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A Critique of Keynesian Economics
1993Notes on the Contributors - Introductory Essay W.Allan - John Maynard Keynes D.Patinkin - The Keynesian Heritage in Economics L.B.Yeager - Keynes's Intellectual Legacy K.Brunner - Keynes and the Classics A.Leijonhufvud - Keynes V. the Keynesians T.W.Hutchison - Expectations and the Economy P.Minford - The Fallacy of the Mixed Economy S.Littlechild ...
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Economic Inquiry, 1975
The General Theory maintains that capitalist economies under then orthodox regimes of economic policy would tend to experience stagnation and large-scale unemployment. Laisser faire economies could not sustain high enough rates of steady growth to absorb growing working populations at rising real incomes.
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The General Theory maintains that capitalist economies under then orthodox regimes of economic policy would tend to experience stagnation and large-scale unemployment. Laisser faire economies could not sustain high enough rates of steady growth to absorb growing working populations at rising real incomes.
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The Origins of ‘Keynesian’ Economics
2007As seen in the previous chapter, Keynes’s primary aim and policy goal was monetary reform. In the 1930s, it was mainly other economists as well as policymakers who gave more emphasis to fiscal policy and other ad hoc — generally, non-market — measures, and called these measures ‘Keynesian’.
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The dangers of Keynesian economics
2016In sharp contrast to the private sector, where firms will go out of business if revenues do not cover costs, most government spending is not value-adding. That is not of itself an argument against public spending,but it is an argument against thinking that when governments spend they are necessarily helping the economy grow.
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The fall and rise of Keynesian economics
Economic Record, 1988Keynesian economics came under much criticism in the 1970s This paper argues that the decline in Keynesian economics and the rise in, notably, new classical economics in this period related to their respective theoretical appeal rather than their ability to explain developments in the macroeconomy.
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The Keynesian Heritage in Economics
1986What difference has the General Theory made? How do economics and economic policy differ from what they would have been if Keynes had never lived?
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Perspectives on Keynesian Economics
2011Introduction.- Part I: History, Methodology, and their Current Relevance.- Making the Most of Anomaly in the History of Economic Thought: Smith, Marx-Engels, and Keynes.- Reason and Reasonableness: Lessons from "The Economic Consequences of the Peace" Ninety Years Later.- The Marshallian Roots of Keynes.- Was Patinkin a Keynesian Economist?.- Keynes ...
J. Weinblatt, Arie Arnon, Warren Young
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2013
Part 1: Monetary Theory and Policy1. The Theory of a Monetary EconomyDudley Dillard2. Some Neglected Implications of Secular InflationMartin Bronfenbrenner3. Monetary Stabilization Policies and Keynesian TheoryMabel F. Timlin4. Stability Through InflationWilliam S. Vickery5.
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Part 1: Monetary Theory and Policy1. The Theory of a Monetary EconomyDudley Dillard2. Some Neglected Implications of Secular InflationMartin Bronfenbrenner3. Monetary Stabilization Policies and Keynesian TheoryMabel F. Timlin4. Stability Through InflationWilliam S. Vickery5.
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2017
Post-Keynesian Economics (PKE) has developed a distinct growth theory and distinguishes between wage-led and profit-led demand regimes. It argues that: financial markets are prone to instability and will, if left on their own, lead to boom-bust cycles; money is created by banks as a side effect of their lending decisions; involuntary unemployment is a ...
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Post-Keynesian Economics (PKE) has developed a distinct growth theory and distinguishes between wage-led and profit-led demand regimes. It argues that: financial markets are prone to instability and will, if left on their own, lead to boom-bust cycles; money is created by banks as a side effect of their lending decisions; involuntary unemployment is a ...
openaire +2 more sources