Reinterpreting Mr. Keynes

Released on by Warren Young
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  • Reinterpreting Mr. Keynes Book Detail

  • Author : Warren Young
  • Release Date : 2022-01-19
  • Publisher : Springer Nature
  • Genre : Business & Economics
  • Pages : 168
  • ISBN 13 : 3030913422
  • File Size : 82,82 MB
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Reinterpreting Mr. Keynes by Warren Young PDF Summary

Book Description: This book examines the origins of the IS-LM model, one of the most significant innovations in the history of economic thought. It shows that the complete IS-LM model, including the equations and diagram, was produced by a group of economists who contributed their respective mathematical models of Keynes’s General Theory, including Champernowne, Reddaway, Harrod, and Meade, not to mention Hicks. Furthermore, the book discusses the implications of newly discovered archival material, including a previously overlooked document showing that John Maynard Keynes himself was the first to present the IS-LM model equations in a lecture he gave on December 4, 1933. It focuses on the implications of this material in terms of understanding the evolution of Keynes’s approach from 1933 to 1937, later interpreters of his General Theory, and the ongoing debate between Keynesians and Post-Keynesians on the nature of his system. Given the revelations it presents, this book will transform the profession’s understanding of the origins of the IS-LM model and modern macroeconomics.

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Reinterpreting Mr. Keynes

Reinterpreting Mr. Keynes

File Size : 37,37 MB
Total View : 6540 Views
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This book examines the origins of the IS-LM model, one of the most significant innovations in the history of economic thought. It shows that the complete IS-LM

Reinterpreting The Keynesian Revolution

Reinterpreting The Keynesian Revolution

File Size : 83,83 MB
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Various explanations have been put forward as to why the Keynesian Revolution in economics in the 1930s and 1940s took place. Some of these point to the tempora