There is discontent with how the textbooks have come to reinterpret Keynes but there is little communication between the most prominent schools of criticism. This book argues that this lack of dialogue is mistaken and damaging. A synthesis is possible as many of the arguments between them can be traced to simple misunderstadings and differences of emphasis.
There is discontent with how the textbooks have come to reinterpret Keynes but there is little communication between the most prominent schools of criticism. This book argues that this lack of dialogue is mistaken and damaging. A synthesis is possible as many of the arguments between them can be traced to simple misunderstadings and differences of emphasis.
Part 1 Introduction Part 2 Part 3 Leijonhufvud on unemployment and effective demand Part 4 Involuntary unemployment in the history of economic thought Part 5 Effective demand: a theoretical and historical perspective Part 6 Part 7 IS-LM and the interest-rate dynamics Part 8 On bootstraps and traps Part 9 Expenditure and the interest rate Part 10 Recovery in the long run? Part 11 Part 12 Conventions
Part 1 Introduction Part 2 Part 3 Leijonhufvud on unemployment and effective demand Part 4 Involuntary unemployment in the history of economic thought Part 5 Effective demand: a theoretical and historical perspective Part 6 Part 7 IS-LM and the interest-rate dynamics Part 8 On bootstraps and traps Part 9 Expenditure and the interest rate Part 10 Recovery in the long run? Part 11 Part 12 Conventions
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