Keynesian Economics

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Keynesian Economics

1.

The Economics of John Maynard Keynes: The Theory of a Monetary Economy
by Dudley Dillard. 368 pgs.

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Title Page

Preface

Table of Contents

List of Figures

Chapter 1: Introduction and Fundamental Ideas

Chapter 2: The Classical Background

Chapter 3: A Preliminary Summary of the General Theory of Employment

Chapter 4: Investment, Saving, Income, and the Wage-Unit

Chapter 5: The Propensity to Consume and the Investment Multiplier

Chapter 6: Fiscal Policy in Depression

Conclusion

Chapter 7: The Marginal Efficiency of Capital

Chapter 8: Interest and Money

Chapter 9: Money Wages and Prices

References for Further Reading

Chapter 10: War and Postwar Inflation

Chapter II: Further Applications of Keynes' General Theory of Employment

Chapter 12: The Development of Keynes' Thought and the Social Philosophy Toward Which It Leads

Bibliography of John Maynard Keynes' Writings

Index
2.

The Philosophy of Keynes' Economics: Probability, Uncertainty and Convention
by Sohei Mizuhara, Jochen Runde. 274 pgs.

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This collection, featuring chapters from such leading economic thinkers as Sheila Dow, Tony Lawson and John Davis, is a well-written comprehensive analysis of Keynes' philosophy and as such will be welcomed by both the economics and philosophy community.

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Title Page

Contents

Acknowledgements

1: Introduction

Part I: Probability, Uncertainty and Choice

2: Keynes on the Rationality of Decision Procedures Under Uncertainty

3: On the Nature of Keynesian Probability

4: On Some Explicit Links Between Keynes's a Treatise on Probability and the General Theory

5: Keynes's Epistemology

Part II: Continuity Issues

6: The End of Keynes and Philosophy?

7: The Thick and the Thin of Controversy

8: The Relationship Between Keynes's Early and Later Philosophical Thinking

9: Probability and Uncertainty in Keynes's the General Theory

10: No Faith, N O Conversi

Part III: Social Ontology

11: The Foundations of Keynes's Economics

12: Keynes's Realist Orientation

13: Keynes and Transformation

Part IV: Convention

14: On Convention: Keynes, Lewis and the French School

15: Keynesian Convention

Part V: Methodology

16: Probability, Uncertainty and Convention

17: Keynes

Part VI: Looking Ahead

18: The Terminology of Uncertainty in Economics and the Philosophy of an Active Role for Government Policies

19: Keynesian Uncertainty

Bibliography

Index
3.

Keynesianism--Retrospect and Prospect: A Critical Restatement of Basic Economic Principles
by W. H. Hutt. 452 pgs.

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PREFACE

CONTENTS

SUMMARY

Chapter I: THE ACADEMIC APPEAL OF KEYNESIAN DOCTRINE

REFERENCES

Chapter II: THE NATURE OF THE KEYNESIAN THESIS

SUMMARY

Chapter III: CONSEQUENCES OF THE KEYNESIAN REMEDY

SUMMARY

Chapter IV: THE NATURE OF CO-ORDINATION THROUGH THE PRICE SYSTEM

SUMMARY

REFERENCES

SUMMARY

Chapter V: THE NATURE OF MONEY

REFERENCES

Chapter VI: THE CONCEPTS OF INFLATION AND DEFLATION

SUMMARY

Chapter VII: KEYNES' NOTION OF TRUE INFLATION

SUMMARY

Chapter VIII: INCOME AND ITS "GENERATION"

Chapter IX: ARE PRICE ADJUSTMENTS SELF-FRUSTRATING?

SUMMARY

SUMMARY

Chapter X: THE NATURE OF CONSUMPTION AND SAVING

19.--APPENDIX B on: The Entrepreneur and the Contrivance of Scarcity

REFERENCES

Chapter XI: THE CONSUMPTION FALLACY

19.--Appendix A: The Relevance of Expenditure by the State and Foreigners

20.--APPENDIX B: The Notion of "Failure to Spend" without "Hoarding."

REFERENCES

Chapter XII: THE MARGINAL PROPENSITY TO CONSUME

SUMMARY

Chapter XIII: THE MULTIPLIER

SUMMARY

Chapter XIV: THE ACCELERATION FALLACY

SUMMARY

Chapter XV: DEPRESSION AND BOOM

SUMMARY

SUMMARY

Chapter XVI: CAPITAL SATURATION

Chapter XVII: THE SAY LAW

SUMMARY

REFERENCES

Chapter XVIII: ANTICIPATED INFLATION

SUMMARY

Chapter XIX The Retreat

SUMMARY

INDEX

THE AUTHOR
4.

Keynes's Vision: A New Political Economy
by Athol Fitzgibbons. 208 pgs.

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Keynes's Vision

Preface

Contents

1: Introduction

Part I Philosophy

2: Probability

3: Rational Ethics

4: The Logic of Politics

Part II Economics

5: The Meaning of Uncertainty

6: Other Accounts of Keynesian Ethics and Uncertainty

7: Economics of Transitoriness

8: The Vision Translated

Part III Political Economy

9: The Political Ideals

10: Socialism and Equality

11: Conclusion: An Apology for Keynes

Appendix: the Missing Notes on Kant

Bibliography

Index
5.

The Keynesian Theory of Economic Development
by Kenneth K. Kurihara. 222 pgs.

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Title Page

Preface

Contents

Chapter I: Classical and Post-Classical Precursors

Chapter II: The Structure of an Under Developed Economy

Chapter III: The Socially Optimal Rate of Growth

Chapter IV: Capital Accumulation and Productive Capacity

C H a P T E R V: The Technological Role in Economic Development

Chapter VI: Dual Unemployment in Under Developed Economies

Chapter VII: The Redistributive Role in Economic Development

Chapter Vlll: The Monetary Role in Economic Development

Chapter IX: The Fiscal Role in Economic Development

Chapter X: Foreign Trade and Economic Development

Chapter XL: Epilogue on Post-Keynesian Growth Theories

Appendix: The United Nations and Economic Development

Bibliography

Index
6.

Introduction to Keynesian Dynamics
by Kenneth K. Kurihara. 222 pgs.

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PREFACE

CONTENTS

Chapter 1: MACRO-ECONOMIC METHODOLOGY -- INTRODUCTION

Part I: BASIC FUNCTIONAL RELATIONSHIPS

Chapter 2: THE CONSUMPTION FUNCTION

Chapter 3: THE INVESTMENT FUNCTION

Chapter 4: THE LIQUIDITY FUNCTION

Chapter 5: THE SAVINGS-INVESTMENT ADJUSTING FUNCTION

Part II: DYNAMIC INCOME BEHAVIOUR

Chapter 6: THE MULTIPLIER AND INCOME FLUCTUATIONS

Chapter 7: THE DYNAMIC STABILITY OF EQUILIBRIUM

Chapter 8: THE DYNAMICS OF INFLATION

Chapter 9: INCOME, EMPLOYMENT AND INTERNATIONAL EQUILIBRIUM

Chapter 10: PRICE FLEXIBILITY AND AUTOMATIC FULL EMPLOYMENT

Part III: SECULAR ECONOMIC DYNAMICS

Chapter 11: SECULAR MACRO-ECONOMIC THEOREMS

Chapter 12: CAPITAL ACCUMULATION AND EQUILIBRIUM

Chapter 13: DOMESTIC GROWTH AND INTERNATIONAL DEVELOPMENT

INDEX
7.

The Crisis in Keynesian Economics
by John Hicks. 80 pgs.

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The Crisis in Keynesian Economics

Contents

Foreword

Preface

I: Introduction

Saving, Investment and the Multiplier

II: Money, Interest and Liquidity

III: Wages and Inflation
8.

Keynesianism, Social Conflict and Political Economy
by Massimo De Angelis. 228 pgs.

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By investigating the rise and fall of post-war Keynesianism and focusing on the experience of the United States, the author adopts an interdisciplinary approach to show that economics is rooted in the flesh and blood history of social conflict.

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Keynesianism, Social Conflict and Political Economy

Contents

List of Figures and Tables

Preface and Acknowledgments

Abbreviations

1: Introduction: the Social Meaning of Economics

2: The Making of the Keynesianism of Keynes

3: Keynes' Scientific System

4: The Mass Worker and Ford's Strategy

5: War, Class War, and the Making of the Social Microfoundations of Keynesianism

6: War Planning and the Rise of the Keynesian Orthodoxy

7: The Institutional Features of Post-War Keynesianism

8: The Theoretical Features of Post-War Keynesianism

9: Economic Modeling and Social Conflict: 1 — the Fiscal Multiplier

10: Economic Modeling and Social Conflict: 2 — Inflation and the Phillips Curve

11: Conclusion: Looking Ahead

Notes

References

Index
9.

New Perspectives on Keynes
by Allin F. Cottrell, Michael S. Lawlor. 287 pgs.

Book

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Annual Supplement to Volume 27. History of Political Economy.Our intention in selecting, and in some cases requesting, the papers collected here was to display and further promote one noteworthy aspect of the Keynes literature--an aspect that we believe holds considerable importance for the history of economics in general: namely, its emerging cross-disciplinary nature.

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Title Page

Contents

Introduction

Keynes as a Philosopher

References

Comment

Jeffreys, Fisher, and Keynes: Predicting the Third Observation, Given the First Two

Comment

An Unfortunate Alliance: Keynesianism And the Conservatives 1945-1964

Comment

Keynes on Aesthetics

Comment

Keynes and Marshall: Methodology, Society, and Politics

Comment

Keynes: an Archivist's View

Comment

After the Revolution: Paul Samuelson And the Textbook Keynesian Model

Comment

The Diffusion of the Keynesian Revolution: the Young and the Graduate Schools

Comment

Irving Fisher, J. M. Keynes, and The Transition to Modern Macroeconomics

Comment

Index

Contributors
10.

Interpreting Mr. Keynes: The IS-LM Enigma
by Warren Young. 232 pgs.

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Contents

Acknowledgements

Preface

Introduction Is-Lm: Chimera or Keynes's Central Message?

1: The Nature of Keynes's General Theory, the Is-Lm Papers and the Oxford Conference, September 1936

2: Is-Lm: Antecedents and Variants, 1934-8

3: The is -- Lmization of Keynes's General Theory: Equations and Diagrams

4: Harrod and Hawtrey, 1936-7 and 1951-2: Variations on the Theme

5: Is -- Lm Revisited: Diagrammatics, Rediscoveries, Explanations and Controversies

6: Is -- Lm and Interpreting Mr Keynes: an Overview

Notes

Bibliography

Index
11.

Essays in Persuasion
by John Maynard Keynes. 376 pgs.

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Preface

Contents

I The Treaty of Peace

1. Paris (1919)

2. The Capacity of Germany to Pay Reparations (1919)

3. Proposals for the Reconstruction of Europe (1919)

5. War Debts and the United States

II Inflation and Deflation

1. Inflation (1919)

3. The French Franc

4. A Programme of Expansion (General Election, May 1929)

5. The Great Slump of 1930 (1930)

6. Economy (1931)

7. The Consequences to the Banks of the Collapse of Money Values (Aug. 1931)

III The Return to the Gold Standard

1. Auri Sacra Fames (Sept. 1930)

3. Positive Suggestions for the Future Regulation of Money (1923)

5. The Economic Consequences of Mr. Churchill (1925)

6. Mitigation by Tariff

7. The End of the Gold Standard (Sept. 27, 1931)

IV Politics

1. A Short View of Russia (1925)

2. The End of Laissez-Faire (1926)

3. Am I a Liberal? (1925)

4. Liberalism and Labour (1926)

V The Future

1. Clissold (1927)

2. Economic Possibilities for Our Grandchildren (1930)

References
12.

Monetary Reform
by John Maynard Keynes. 234 pgs.

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Preface

Contents

Chapter I: The Consequences to Society of Changes In The Value of Money

Chapter II: Public Finance and Changes in the Value Of Money

Chapter III: The Theory of Money and of The Foreign Exchanges

Chapter IV: Alternative Aims in Monetary Policy

Chapter V: Positive Suggestions for the Future Regu Lation of Money

Index
13.

The Dynamics of Keynesian Monetary Growth: Macro Foundations
by Carl Chiarella, Peter Flaschel. 409 pgs.

Book

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This book is in the tradition of non-market-clearing approaches to macrodynamic economics. It shows for the first time that macrodynamics can be developed and investigated in a systematic fashion, leading to coherent models of fluctuation growth. This differs considerably from the microfounded full equilibrium approaches that are currently fashionable. Using sophisticated mathematical tools, it investigates complex macrodynamic feedback mechanisms in a systematic way, showing how macrodynamics can be developed in a hierarchical way from economically simple structures to more advanced ones.

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Contents

Figures

Foreword

Preface

Acknowledgments

Notation

General Introduction

1: Traditional Monetary Growth Dynamics

2: Tobinian Monetary Growth: the (Neo)Classical Point of Departure

3: Keynes-Wicksell Models of Monetary Growth: Synthesizing Keynes into the Classics

4: Keynesian Monetary Growth: the Missing Prototype

5: Smooth Factor Substitution: a Secondary and Confused Issue

6: Keynesian Monetary Growth: the Working Model

7: The Road Ahead

References

Author Index

Subject Index
14.

The New Economics: Keynes' Influence on Theory and Public Policy
by Seymour E. Harris. 726 pgs.

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Title Page

Preface

Acknowledgments

Contributors

Abbreviations

Contents

Obituary: the Times (london), April 22, 1946 Lord Keynes

Part One Introduction: the Issues

Chapter I About This Book

Chapter II Keynes' Influence on Public Policy

Chapter III the Appraisal of the General Theory, 1936-37

Chapter IV Three Problems in the General Theory

Chapter VI in Relation to Classical Economics: Evolution or Revolution?

Chapter VII Keynes and the Literature

Part Two Keynes, the Economist: Three Views

Chapter VIII Keynes, the Economist (1)

Chapter X Keynes, the Economist (3)

Part Three the General Theory: Five Views

Chapter XI the General Theory (1)

Chapter XII the General Theory (2)

Chapter XIII the General Theory (3)

Chapter XIV the General Theory (4)

Chapter XV the General Theory (5)

Part Four Special Aspects

Chapter XVI Keynes on Economic Policy

Chapter XVII Public Policy--The Doctrine of Full Employment

Chapter XVIII the Significance of Keynes' Theories from the Econometric Point of View

Chapter XIX Postulates: Keynes' General Theory and the Classicists

Part Five International Economic Relations

Chapter XX International Economics: Introduction

Chapter XXI Domestic and International Equilibrium

Chapter XXII Foreign Exchange Rate Theory and Policy

Chapter XXIII Keynesian Commercial Policy

Chapter XXIV Proposals for an International Clearing Union

Chapter XXV the International Currency Proposals

Chapter XXVI the International Clearing Union

Chapter XXVII the International Monetary Fund

Chapter XXVIII the Anglo-American Financial Arrangements

Chapter XXIX the Bank for Reconstruction and Development

Part Six Economic Fluctuations and Trends and Fiscal Policy

Chapter XXX Introductory: Wastage and Investment

Chapter XXXI Keynes' Analysis of Expectations and Uncertainty

Chapter XXXII Declining Investment Opportunity

Chapter XXXIII Keynes and the Theory of Business Cycles

Chapter XXXIV Fiscal Policy

Chapter XXXV Keynesian Economics and Public Investment Policy

Chapter XXXVI the Multiplier

Part Seven Money and Prices

Chapter XXXVII the Theory of Money and Prices

Part Eight Effective Demand and Wages

Chapter XXXVIII Introduction : Keynes' Attack on Laissez Faire and Classical Economics and Wage Theory

Chapter Xxxix Effective Demand and Employment

Appendix

Chapter XL: Money Wage Rates and Employment

Part Nine Some Earlier Discussions

Chapter XLI Keynes and Traditional Theory

Chapter XLII a Simplified Model of Keynes' System

Chapter XLIII Saving Equals Investment

Chapter XLIV: Saving and Investment: Definitions, Assumptions, Objectives

Chapter XLV Alternative Formulations of the Theory of Interest

Chapter XLVI Interest Theory--Supply and Demand for Loans, or Supply and Demand for Cash?

Part Ten Bibliography of Keynes' Writings

Bibliography of Keynes' Writings

Index

A Note on the Type in Which This Book is Set
15.

Why Aren't Economists as Important as Garbagemen? Essays on the State of Economics (Chap. 6 "The Evolution of Keynesian Economics: From Keynesian to New Classical to New Keynesian")
by David Colander. 177 pgs.

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Title Page

Contents

Acknowledgments

Introduction

1 Economists And Policy

1 Why Aren't Economists As Important as Garbagemen?

Notes

2 Economics, Institutions, And Methodology

3 The Making Of An Economist

4: Workmanship, Incentives, And Cynicism

5 The Invisible Hand of Truth

3 Applications To Macroeconomics

6 The Evolution Of Keynesian Economics: From Keynesian to New Classical To New Keynesian

Notes

4 Critics of Economics

8 Galbraith and the Theory Of Price Control

10 Form and Content In Appraising Recent Economic Developments

Notes

Works Cited And Related References

Index

About the Author
16.

Keynes: A Critical Life
by David Felix. 348 pgs.

Book

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Only a person of Keynes's unique character could have achieved what he did. After teaching neoclassical economics for two decades, he developed an extraordinary theory--extraordinary in that it built upon the theoretical complex he intended to overthrow and extraordinary in that it provided the best guidance for defeating the Depression of the 1930s and managing an economy thereafter. This biography shows how Keynes's personality left its stamp on his ideas, the connections between his all-too-human quirks and his theorizing, between his dominating personality and his success as a policymaker. Although sympathetic to the man, his aims, and his accomplishments, this is the first critical biography of John Maynard Keynes.

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Recent Titles in Contributions in Economics and Economic History

Copyright Acknowledgments

Contents

Preface: A Double Life

Introduction: Private and Public

NOTE

Chapter 1 Fathers (and Mothers) and Sons (and Daughters)

NOTES

Chapter 2 Training

NOTES

Chapter 3 Functioning

NOTES

Chapter 4 "A Kind of Affection" (and a Sense of Responsibility): Keynes in Love

NOTES

Chapter 5 Elective Affinities and Responsibilities: Keynes in Bloomsbury

NOTES

Chapter 6 Retraining

NOTES

Chapter 7 Life with Lydia: an Affair of State

NOTES

Chapter 8 Married Life with Lydia: a British Institution

NOTES

Chapter 9 a Life in Theory

NOTES

Chapter 10 Afterlife

NOTES

Chapter 11 Afterword

NOTES

Bibliography

Index

About the Author

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