James C W Ahiakpor

Macroeconomic Analysis in the Classical Tradition (eBook, ePUB)

The Impediments Of Keynes's Influence

• Format: ePub

Produktbeschreibung

Macroeconomic Analysis in the Classical Tradition explains how the influence of Keynes's macroeconomics, including his changed definitions of some key macroeconomic concepts, has impeded many analysts' ability to readily resolve disputes in modern macroeconomics.

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Produktdetails

• Verlag: Taylor & Francis
• Seitenzahl: 252
• Erscheinungstermin: 23. März 2021
• Englisch
• ISBN-13: 9781000360417
• Artikelnr.: 61093222

Autorenporträt

James C. W. Ahiakpor is Emeritus Professor of Economics at California State University East Bay, Hayward, USA.

Inhaltsangabe

(1) Introduction: The Pervasive Impediment of Keynes's Influence in Modern
Macroeconomic Analysis (2) Interpreting Say's Law of Markets or Outlets
Correctly: The Impediments of Keynes's Influence (3) Could Keynes have made
a Legitimate Case against John Stuart Mill's Statement of the Law of
Markets? An Illustration of Keynes's Abiding Influence (4) Saving and the
Relevant Ricardian Equivalence Theorem (5) Milton Friedman's Permanent
Income Hypothesis: A Distraction from Keynes's Misrepresentation of Saving
as Non-spending (6) The Classical Heritage of Monetary Theory and Policy at
Chicago and Harvard before the Keynesian Conquest (7) 100% Money: A Harmful
Proposal Appropriately Ignored (8) Keynes's Liquidity Trap is Impossible:
Classical Monetary Analysis Helps to Explain (9) The Classical Roots of the
Phillips Curve Analysis (10) The Future of Keynesian Economics: Struggling
to Sustain a Dimming Light (11) Conclusion: Some Policy Implications of
Ridding Macroeconomics of Keynes's Influence