Introduction To Keynesian Dynamics
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Author | : Kenneth K. Kurihara |
Publisher | : |
Total Pages | : 236 |
Release | : 1956 |
Genre | : Business & Economics |
ISBN | : |
Provides a coherent and compact study of macro-dynamic analysis in general and particularly two 'post-Keynesian' developments in the field: dynamic theories of cyclical fluctuations and secular growth analysis.
Author | : Kenneth K. Kurihara |
Publisher | : |
Total Pages | : 222 |
Release | : 1956 |
Genre | : |
ISBN | : |
Author | : Carl Chiarella |
Publisher | : Cambridge University Press |
Total Pages | : 318 |
Release | : 2000-08-03 |
Genre | : Business & Economics |
ISBN | : 9780521643511 |
This text shows for the first time that macrodynamics can be developed and investigated systematically.
Author | : Ronald Shone |
Publisher | : |
Total Pages | : 224 |
Release | : 2001 |
Genre | : Macroeconomics |
ISBN | : 9780511013379 |
Author | : John Maynard Keynes |
Publisher | : Atlantic Publishers & Dist |
Total Pages | : 410 |
Release | : 2016-04 |
Genre | : Business & Economics |
ISBN | : 9788126905911 |
John Maynard Keynes is the great British economist of the twentieth century whose hugely influential work The General Theory of Employment, Interest and * is undoubtedly the century's most important book on economics--strongly influencing economic theory and practice, particularly with regard to the role of government in stimulating and regulating a nation's economic life. Keynes's work has undergone significant revaluation in recent years, and "Keynesian" views which have been widely defended for so long are now perceived as at odds with Keynes's own thinking. Recent scholarship and research has demonstrated considerable rivalry and controversy concerning the proper interpretation of Keynes's works, such that recourse to the original text is all the more important. Although considered by a few critics that the sentence structures of the book are quite incomprehensible and almost unbearable to read, the book is an essential reading for all those who desire a basic education in economics. The key to understanding Keynes is the notion that at particular times in the business cycle, an economy can become over-productive (or under-consumptive) and thus, a vicious spiral is begun that results in massive layoffs and cuts in production as businesses attempt to equilibrate aggregate supply and demand. Thus, full employment is only one of many or multiple macro equilibria. If an economy reaches an underemployment equilibrium, something is necessary to boost or stimulate demand to produce full employment. This something could be business investment but because of the logic and individualist nature of investment decisions, it is unlikely to rapidly restore full employment. Keynes logically seizes upon the public budget and government expenditures as the quickest way to restore full employment. Borrowing the * to finance the deficit from private households and businesses is a quick, direct way to restore full employment while at the same time, redirecting or siphoning
Author | : Richard P. F. Holt |
Publisher | : Psychology Press |
Total Pages | : 156 |
Release | : 2001 |
Genre | : Keynesian economics |
ISBN | : 9780415229821 |
Providing a comprehensive introduction to the post-Keynesian position on key issues confronting economists and public policy makers, this text reflects the changes that have occurred in post-Keynesian thought in recent years.
Author | : Richard Hollis Day |
Publisher | : MIT Press |
Total Pages | : 436 |
Release | : 1994 |
Genre | : Business & Economics |
ISBN | : 9780262041720 |
"The two volumes of Complex Economic Dynamics show that, far from being a passing trend in economic research, complex dynamics belongs at the heart of the subject. Although they can be read independently, the volumes follow a logical sequence. Volume 1 contained nontechnical introductions to the basics of economic change and to the mathematical and theoretical tools used to describe them. Volume 2, which is concerned with macroeconomic dynamics, looks at the economy as a whole. Topics include business cycles, economic growth, economic development, and dynamical economic science and policy. The book concludes with the author's reflections on the implications of complex dynamics for economic theory, quantitative research, and government policy."--Pub. desc.
Author | : M. Lavoie |
Publisher | : Springer |
Total Pages | : 165 |
Release | : 2007-06-15 |
Genre | : Business & Economics |
ISBN | : 0230626300 |
This book shows how the realistic foundations and stylized facts of Post-Keynesian economics give rise to macroeconomic implications that are different from those of received wisdom with regards to employment, output growth, inflation and monetary theory, and offers an alternative to neoclassical economics and its free-market economic policies.
Author | : Thomas Frederick Dernburg |
Publisher | : Addison-Wesley |
Total Pages | : 312 |
Release | : 1969 |
Genre | : Economics |
ISBN | : |
Author | : International Monetary Fund. External Relations Dept. |
Publisher | : International Monetary Fund |
Total Pages | : 60 |
Release | : 2014-08-25 |
Genre | : Business & Economics |
ISBN | : 1475566980 |
This chapter discusses various past and future aspects of the global economy. There has been a huge transformation of the global economy in the last several years. Articles on the future of energy in the global economy by Jeffrey Ball and on measuring inequality by Jonathan Ostry and Andrew Berg are also illustrated. Since the 2008 global crisis, global economists must change the way they look at the world.