Keynes and the Modern WorldGeorge David Norman Worswick, James Trevithick This volume presents the proceedings of the major conference held to celebrate the centenary of the birth of John Maynard Keynes at King's College, Cambridge. It brings together major international figures in economics and looks at Keynesian economics and the relevance of Keyne's ideas today. In addition to the main speakers and discussants, summaries of the discussions on each paper and memoirs of Maynard Keynes from Sir Austin Robinson, Richard Braithwaite and James Meade are also included. |
Contents
Keynesian economics after fifty years NICHOLAS KALDOR | 1 |
On Keynes and Monetarism ALLAN H MELTZER | 49 |
Keynes and the international economic | 87 |
Keynes and the management of real | 135 |
What would Keynes have thought | 179 |
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adjustment aggregate analysis argued assets assumed assumption balance bank believe Bretton Woods Cambridge capital cause central changes classical clear competition concerned costs countries course curve cycle debt demand determined developed discussion economic economists effective employment equal equation equilibrium example exchange rate existence expenditure fact fiscal flow fluctuations follows function given gold growth important income increase industrial inflation institutions interest investment issues Keynes Keynes's Keynesian labour later less limited macroeconomic marginal mean monetarist monetary policy natural nominal output period position possible present problem production Professor proposals quantity question raised rational expectations reason recent relation relative requires response result returns rise rules stability standard supply theory things trade turn United University variables wages