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The Economics of John Maynard Keynes: The Theory of a Monetary Economy
The Economics of John Maynard Keynes: The Theory of a Monetary Economy
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The Economics of John Maynard Keynes: The Theory of a Monetary Economy

by Dudley Dillard. 368 pgs.

Read the complete book The Economics of John Maynard Keynes: The Theory of a Monetary Economy by becoming a questia.com member. Choose a membership plan to an academic-level library with more than 67,000 full-text books, 1.5 million articles, an entire reference set with a dictionary, encyclopedia, thesaurus plus a collection of digital tools to organize your information.
 

publication details

Contributors:

   Dudley Dillard

Publisher:

   Prentice-Hall

Place of Publication:

  New York  

Publication Year:

  1948
Subjects:   Keynesian Economics
Table of contents
Table of Contents
1. INTRODUCTION AND FUNDAMENTAL IDEAS 1
2. THE CLASSICAL BACKGROUND 13
The Content of Classical Economics 16
Keynes' Objections to Classical Theory 24
3. A PRELIMINARY SUMMARY OF THE GENERAL THEORY OF EMPLOYMENT 28
The Principle of Effective Demand 29
The Propensity to Consume 37
The Inducement to Invest 39
The Relation of Investment to Consumption 45
Summary of the General Theory of Employment 48
Practical Meaning of the Main Concepts 51
The Paradox of Poverty and Potential Plenty 54
4. INVESTMENT, SAVING, INCOME, AND THE WAGE- UNIT 59
Income 67
The Wage-Unit 71
5. THE PROPENSITY TO CONSUME AND THE INVESTMENT MULTIPLIER 75
The Concept of the Propensity to Consume 76
Stability of the Propensity to Consume 79
The Marginal Propensity to Consume and the Multiplier 85
6. FISCAL POLICY IN DEPRESSION 102
The Multiplier and Public Investment 105
Other Types of Fiscal Policy Designed to Expand Employment 122
What Experience Proves About Public Works 125
7. THE MARGINAL EFFICIENCY OF CAPITAL 134
The Concept 35
Expectations 142
Secular Decline in the Marginal Efficiency of Capital 153
Some Practical Conclusions 156
8. INTEREST AND MONEY 161
Statement of the Theory of Interest 164
Liquidity Preference 168
Changes in the Quantity of Money 182
The Classical Theory of Interest 189
Observations on the Nature of Capital and Interest 193
Relation of the Marginal Efficiency of Capital to the Rate of Interest 196
9. MONEY WAGES AND PRICES 206
Money Wages and Employment 207
The Theory of Prices 222
10. WAR AND POSTWAR INFLATION 237
Wartime Inflation 241
Postwar Inflation 255
11. FURTHER APPLICATIONS OF KEYNES' GENERAL THEORY OF EMPLOYMENT 266
Business Cycles 266
International Economic Relations 279
Foreign Exchange Stabilization 285
12. THE DEVELOPMENT OF KEYNES' THOUGHT AND THE SOCIAL PHILOSOPHY TOWARD WHICH IT LEADS 294
Development Prior to the Great Depression 296
The Break With the Classical Theory 310
Political Liberalism, Class Loyalties, and Anti-Marxism 318
The General Theory as a Program of Action 326
BIBLIOGRAPHY OF JOHN MAYNARD KEYNES' WRITINGS 336
INDEX 353
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Research Topics on: (Keynesian Economics)

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Keynesian Economics
 

books on: (Keynesian Economics)  - 4037 results

       More book Results: 1-10 11-20 21-30 31-40 41-50 >>  
 
1.
A New Guide to Post Keynesian Economics
Book by Richard P. F. Holt, Steven Pressman; Routledge, 2001
Subjects: Keynesian Economics
A New Guide to Post Keynesian Economics How do Post Keynesian...volume, A Guide to Post Keynesian Economics, this edited volume provides...A New Guide to Post Keynesian Economics Edited by Richard P.F...
2.
A Guide to Post-Keynesian Economics
Book by Alfred S. Eichner; M. E. Sharpe, 1979
Subjects: Keynesian Economics--Addresses, Essays, Lectures
A Guide to Post-Keynesian Economics A Guide to Post-Keynesian Economics EDITED BY ALFRED S. EICHNER WITH A FOREWORD...plenty of work still to do. A Guide to Post-Keynesian Economics ALFRED S. EICHNER Introduction Ever...
3.
The Crisis in Keynesian Economics - Vol. 9
Book by John Richard Hicks; Basic Books, 1975
Subjects: Keynesian Economics
The Crisis in Keynesian Economics Yrjo Waldemar Jahnsson, 1877-1936...General Equilibrium The Crisis in Keynesian Economics SIR JOHN HICKS BASIC BOOKS...perhaps most importantly on Keynesian economics. No doubt the Age of Keynes...
4.
Keynesian Economics
Book by Mabel F. Timlin; University of Toronto Press, 1942
Subjects: Economics, Interest, Keynes, John Maynard--1883-1946--General theory of employment, interest and money, Money
KEYNESIAN ECONOMICS KEYNESIAN ECONOMICS By MABEL F. TIMLIN Assistant...Note , Quarterly Journal of Economics, LIII 1938-9 , pp. 611-19...Part IV, in particular, are very Keynesian" p. 4 . It is for this reason...
5.
New Keynesian Economics/Post Keynesian Alternatives
Book by Roy J. Rotheim; Routledge, 1998
NEW KEYNESIAN ECONOMICS/POST KEYNESIAN ALTERNATIVES...what has come to be known as New Keynesian Economics and provides alternative conceptions...response to Mankiw and Romers New Keynesian Economics, and to the claim that New Keynesian...
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journal articles on: (Keynesian Economics)  - 1452 results

       More journal Results: 1-10 11-20 21-30 31-40 41-50 >>  
 
1.
New-Keynesian Economics Today: The Empire Strikes Back
Journal article by Brian Snowdon, Howard Vane; American Economist, Vol. 39, 1995
Subjects: Keynesian economics--Analysis
New-Keynesian economics today: the empire strikes back...Introduction In a recent Symposium on Keynesian Economics Today (Journal of Economic Perspectives...has called the Reincarnation of Keynesian Economics (Mankiw, 1992a). We first briefly...
2.
A New Guide to Post Keynesian Economics
Journal article by Charles J. Whalen; Journal of Economic Issues, Vol. 37, 2003
Subjects: A New Guide to Post Keynesian Economics (Book)--Reviews
A New Guide to Post Keynesian Economics. by Charles J. Whalen A New Guide to Post Keynesian Economics, edited by Richard P. F...inflation. A Guide to Post Keynesian Economics, edited by Alfred S. Eichner...
3.
New Keynesian Economics and the Phillips Curve
Journal article by John M. Roberts; Journal of Money, Credit & Banking, Vol. 27, 1995
Subjects: Econometrics--Research, Keynesian economics--Research, Microeconomics--Research, Phillips curve--Research
New Keynesian economics and the Phillips curve...consensus is an important part of New Keynesian economics (Ball, Mankiw, and Romer 1988...Mankiw, and David Romer. "The New Keynesian Economics and the Output-Inflation Trade-off...
4.
A History of Post Keynesian Economics since 1936
Journal article by Daniele Besomi; Economic Record, Vol. 79, 2003
Subjects: A History Of Post Keynesian Economics Since 1936 (Book)--Book reviews, Books--Book reviews
A History of Post Keynesian Economics since 1936. by Daniele Besomi A History Of Post Keynesian Economics Since 1936, by John E. King...the tangled history of Post Keynesian economics (PKE) is not an easy task: it...
5.
Prolegomena to a Post Keynesian Health Economics
Journal article by Stephen P. Dunn; Review of Social Economy, Vol. 64, 2006
Subjects: Keynesian economics, Macroeconomics--Analysis, Medical economics--Analysis
...Dunn Abstract Post Keynesian economics has no specific association...perhaps unsurprising. Post Keynesian economics is for many a distinct approach...types of contributions Post Keynesian economics can make to the economics...
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magazine articles on: (Keynesian Economics)  - 317 results

       More magazine Results: 1-10 11-20 21-30 31-40 41-50 >>  
 
1.
Manuel to Pour Billions into New Jobs: In a Return to Keynesian Economics, the New South African Budget Includes Large Scale Investment in Public Works Programmes in Order to Directly Create Jobs. Is This a Change of Direction, Asks Neil Ford, or Is South Africa a Special Case?
Magazine article by Neil Ford; African Business, April 2004
Subjects: Budget--Planning, Budgets--Planning, Cabinet officers--Beliefs, opinions and attitudes, Cabinet officers--Economic policy, Cabinet officials--Beliefs, opinions and attitudes, Cabinet officials--Economic policy, Human resource management--Planning, Manuel, Trevor--Beliefs, opinions and attitudes, Manuel, Trevor--Economic policy, Public works--Finance, South Africa--Economic policy, South Africa--Investments
Manuel to Pour Billions into New Jobs: In a Return to Keynesian Economics, the New South African Budget Includes Large Scale Investment in Public Works Programmes in Order to Directly Create Jobs. Is This...
2.
Keynesianism Is Dead; So Long Live Keynesianism. Because the Past 18 Years Have Proved That It Can Work, in Doses
Magazine article by Peter Kellner; New Statesman, Vol. 126, February 28, 1997
Subjects: Economic development--United Kingdom, Keynesian economics--Analysis, United Kingdom--Economic policy
...applied once more. Two of the main tenets of Keynesian economics for 30 years after the war were that macroeconomic...demand by increasing borrowing, so that feature of Keynesian economics will have to stay under wraps, except in the depths...
3.
Draining Israel's Red Sea
Magazine article by Alan Reynolds; National Review, Vol. 38, August 1, 1986
Subjects: Economic development--Israel, Inflation (Finance)--Israel, Israel--Economic aspects, Keynesian economics--Analysis, Tax administration and procedure--Israel, Tax administration--Israel
...premises of postwar economics, both Keynesian and monetarist...disabused anyone of the Keynesian notion that a weak...countries, according to economics professor Peter Garber...worked in the past. Keynesian economics is not suited to...
4.
The Same Old State
Magazine article by Harry Magdoff; Monthly Review, Vol. 49, January 1998
Subjects: Capitalism--Economic aspects, Free enterprise--Analysis, Keynesian economics--Analysis
...advice of the new economics. Let us, however...the faith in what Keynesian interventionism...recessions, so-called Keynesian intervention created...Nobel Prize in economics, Without a trace...doctrine of the new economics, or as you note...social democracy and Keynesianism. Consider the...
5.
Interview with Paul M. Sweezy
Magazine article by Sungar Savran, E. Ahmet Tonak; Monthly Review, Vol. 38, April 1987
Subjects: Keynesian economics--Influence, Marxism--Analysis, Monthly Review (Periodical)--History, Nicaragua--Political aspects, Philosophy, Marxist--Analysis, Socialism--International aspects, South Africa--Political aspects, Sweezy, Paul M.--Interviews
...us how you would characterize your relationship to Keynes or, for that matter, the relationship of Marxist economics to Keynesianism? PMS: Yeah, this is a very complicated problem, of course. I was very much influenced, as I think was...
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newspaper articles on: (Keynesian Economics)  - 52 results

       More newspaper Results: 1-10 11-20 21-30 31-40 41-50 >>  
 
1.
Are We in Stagflation and What Will the Effects Be? ECONOMICS Economic Indicators Seem to Point to a Return of Stagflation, a Lethal Combination of Falling Activity and Rising Prices. Special Correspondent Matt Williams Looks at the Implications of Such a Recurrence
Newspaper article; The Birmingham Post (England), August 26, 2008
Subjects: Economic indicators--Statistics, Inflation (Economics)--Statistics, Inflation (Finance)--Statistics
Are We in Stagflation and What Will the Effects Be? ECONOMICS Economic Indicators Seem to Point to a Return of Stagflation...Until then it was generally assumed under the prevailing Keynesian economic theory both conditions were unlikely to occur...
2.
Market Economics with Wit, Elan
Newspaper article; The Washington Times, April 7, 2002
Subjects: Keynes, John Maynard, Marx, Karl
...scrap over a Keynesian oriented fiscal...Anglo-American economics profession to...Super. Thus Keynesian economics - per 16 editions...supply-side economics. Mr. Skousen...Thus was the Keynesian Revolution hurt...
3.
Joker Barwick Will Make Sure He Has the Last Laugh; Reading Manager Steve Coppell, Who Studied Economics at University with the New FA Chief, Believes His Old Friend Will Shake Up Football
Newspaper article; The Evening Standard (London, England), January 31, 2005
Subjects: Barwick, Brian, Coppell, Steve
...1 A working knowledge of Adam Smiths theory of free market economics will undoubtedly provide a good starting point for Brian Barwick...run. Most supporters will be hoping Barwick takes a more Keynesian approach to life at the FA. John Maynard Keynes argued that...
4.
Reaganomics Still Wins the Day; the Sahhaf Phenomenon in Economics
Newspaper article; The Washington Times, May 13, 2003
Subjects: Reagan, Ronald
...slow the economic recovery. However, unlike most ideas in economics, which are difficult to prove in the real world, this idea...to be fair, that is still open to debate, largely because Keynesian economists could still argue that the stimulative effect of...
5.
Stagflation - a Word That Makes Economists Quiver
Newspaper article; Daily Post (Liverpool, England), August 26, 2008
Subjects: Inflation (Economics), Inflation (Finance)
...one side or stagnation on the other, but both of them together". Until then, it was generally assumed under the prevailing Keynesian economic theory of the day that both conditions were unlikely to occur at the same time. That was completely debunked in the...
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encyclopedia articles on: (Keynesian Economics)  - 8 results

       More encyclopedia Results: 1-8 >>  
 
1.
Depression , in Economics
Encyclopedia article; The Columbia Encyclopedia, Sixth Edition, 2007
DEPRESSION , in economics in economics, period of economic crisis in commerce, finance, and industry...programs adopted to alleviate depressions. Moreover, by applying Keynesian economic principles to public policy, governments have sought...
2.
Klein, Lawrence Robert
Encyclopedia article; The Columbia Encyclopedia, Sixth Edition, 2007
...since the 1940s. Kleins 1947 book The Keynesian Revolution established him as one of the foremost scholars on Keynesian economics. His influential studies in econometrics brought him further recognition, particularly his book An Econometric...
3.
Samuelson, Paul A
Encyclopedia article; The Columbia Encyclopedia, Sixth Edition, 2007
...the school. A liberal and a supporter of applied Keynesian economics, Samuelson has held a variety of governmental positions...20th-century economist. His introductory textbook, Economics (16th ed. 1997), now coauthored with W. Nordhaus...
4.
Robertson, Sir Dennis
Encyclopedia article; The Columbia Encyclopedia, Sixth Edition, 2007
...dealing with the relationship between saving and investment. Later, however, Robertson became a trenchant critic of Keynesian economics. In A Study of Industrial Fluctuation (1915), Robertsons examination of the trade cycle, he supported government...
5.
Keynes, John Maynard, Baron Keynes of Tilton
Encyclopedia article; The Columbia Encyclopedia, Sixth Edition, 2007
...stimulate growth in underdeveloped areas. Influence Keynesian economics stands as the most influential economic formulation...in his faith in the capitalist market economy. In Keynesian theory, government action is designed to stimulate...
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