John Maynard Keynes: Life, Ideas, LegacyAn introduction to Keynesian economics and a study of the influence of Keynes' ideas on economic theory and economic policy through conversations with eight leading economists, including several Nobel prizewinners. It has been fifty years since Keynes published his controversial book, The General Theory of Employment (1936) and yet he remains a controversial figure to this day, attacked and criticised from both left and right, as this book amply demonstrates. |
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45-degree line aggregate demand analysis argued argument believe BLAUG Bloomsbury Bloomsbury Group Britain British budget Cambridge Cartoon by David central message Clive Bell consumption function David Low Depression doctrine economic theory economists effect equilibrium level expenditure fact fiscal policy FRIEDMAN Friedrich Hayek full employment HAHN Harvey Road Hawtrey ideas inflation intellectual John Maynard Keynes Keynesian economics Keynesian policies Keynesian Revolution Keynesian system Keynesian theory labour level of income level of output liquidity preference Lytton Strachey macroeconomics marginal propensity ment Milo Keynes MOGGRIDGE monetarism monetary policy money wages multiplier national income accounting neoclassical never Paul Samuelson period political pre-Keynesian prediction problem propensity to consume propensity to save prosperity rate of interest Reaganomics real wages REDDAWAY Robert Skidelsky SAMUELSON saving and investment sense sian simply SKIDELSKY social spending theoretical thing thought tion TOBIN Treatise unemployment Victorian wage cuts wrote