The economics of Keynes : a new guide to The general theory

Author(s)

    • Hayes, Mark G.

Bibliographic Information

The economics of Keynes : a new guide to The general theory

Mark Hayes

(New directions in modern economics series)

E. Elgar, c2006

  • : cased
  • : pbk

Available at  / 28 libraries

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Note

Includes bibliographical references (p. 238-246) and index

Description and Table of Contents

Description

In his 'New Guide' to The General Theory, Mark G. Hayes presents Keynes's illustrious work as a sophisticated Marshallian theory of the competitive equilibrium of the economy as a whole. This unique book takes full account of the nature of time and money and illustrates that The General Theory remains highly relevant to the teacher and advanced student of modern macroeconomics. The Economics of Keynes introduces several interpretative innovations to resolve many puzzles presented in the literature of the last 70 years. It is designed to be read in parallel with The General Theory and will allow modern readers to find their bearings before plunging into an in-depth analysis of major themes contained in The General Theory. The key areas in which this 'New Guide' differs from the familiar exposition of current macroeconomics textbooks are also explicitly identified. The author reaches positive and hopeful conclusions for the development of economic theory and policy. Promoting a thorough understanding of the legitimate domain of equilibrium analysis and a renewed commitment to the possibility of genuinely full employment, this book will provide an illuminating and fascinating read for anyone wishing to appreciate fully the value of The General Theory. More specifically, academics and advanced students of macroeconomics across the board - classical, orthodox, Post Keynesian and heterodox - interested in a fresh attempt to connect The General Theory with modern macroeconomics will find this book to be the ideal tool.

Table of Contents

Contents: Foreword Preface Five Propositions of The General Theory Prologue 1. Two Theories of Employment 2. Definitions and Ideas 3. The Propensity to Consume 4. The Inducement to Invest 5. Employment, Money and the Price-Level 6. Policy Implications Epilogue References Index

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Details

  • NCID
    BA79656928
  • ISBN
    • 9781847200822
    • 9781848440562
  • LCCN
    2006934132
  • Country Code
    uk
  • Title Language Code
    eng
  • Text Language Code
    eng
  • Place of Publication
    Cheltenham
  • Pages/Volumes
    xvi, 257 p.
  • Size
    24 cm
  • Subject Headings
  • Parent Bibliography ID
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