New PDF release: 50 Years a Keynesian and Other Essays

By G. Harcourt

ISBN-10: 0230523315

ISBN-13: 9780230523319

ISBN-10: 1403987602

ISBN-13: 9781403987600

ISBN-10: 4046210109

ISBN-13: 9784046210104

The writer studies retrospectively his constructing principles on idea and coverage considering the fact that he first encountered Keynes's writings in 1950. issues lined comprise: Keynes now, in particular the arrival again into favour of his so much primary principles; highbrow biographies and shorter tributes to economists; and a survey of Post-Keynesian thought.

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Extra resources for 50 Years a Keynesian and Other Essays

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Bill Phillips never claimed that it was other than an interesting empirical relationship, it was what people made of it and grafted it onto their view of Keynesianism that did the damage. If we had used Lorie Tarshis’s version of The General Theory we would have had no trouble at all in having the start – not the end but the start – of an understanding of the stagflation episode. If you had built an imported cost inflation or an autonomous money-wage rise into Lorie’s version of The General Theory, the aggregate supply function would have moved in such a way that it would have given you a lower level of employment and a higher general price level, which could have precipitated a stagflationary process.

1974) ‘The Social Consequences of Inflation’, Australian Accountant, October, 520–8. — (1977a) ‘Eric Russell, 1921–77: A Great Australian Political Economist’, The 1977 Newcastle Lecture in Political Economy Research, Report no 36, pp. iii–26, reprinted in Sardoni (1992), 344–56. — (1977b) ‘On Theories and Policies’, chapter 4 of J. P. Nieuwenhuysen and P. J. Drake (eds), Australian Economic Policy (Melbourne: Melbourne University Press), 40–52. — (1977c) ‘Review of Hyman P. Minsky (1975) John Maynard Keynes, New York: Columbia University Press; London: Macmillan, 1976’, Economica, vol.

Taylor, J. B. (1995) Economics (Sydney: Houghton Mifflin). Thirlwall, A. P. (writing as J. M. Keynes) (1999) ‘A “Second Edition” of Keynes’ General Theory’, Journal of Post Keynesian Economics, vol. 21, 367–86. Triffin, R. : Harvard University Press). * I want to argue today that Keynes is not dead. The impetus for giving this talk arises from a number of events. The first one was the death of Keynes’ favourite pupil Richard Kahn in 1989. (A special issue of the Cambridge Journal of Economics is being prepared as a memorial to Richard and for that I have written a paper called ‘Kahn and Keynes and the Making of The General Theory’ (Cambridge Journal of Economics, vol.

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50 Years a Keynesian and Other Essays by G. Harcourt

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