Macroeconomic analysis in the classical tradition: the impediments of Keynes's influence
"Macroeconomic Analysis in the Classical Tradition explains how the influence of Keynes's macroeconomics, including his changed definitions of some key macroeconomic concepts, has impeded many analysts' ability to readily resolve disputes in modern macroeconomics. Expanding on his ear...
Gespeichert in:
| 1. Verfasser: | |
|---|---|
| Format: | Buch |
| Sprache: | English |
| Veröffentlicht: |
London ; New York
Routledge
2021
|
| Schriftenreihe: | Routledge studies in the history of economics
|
| Schlagworte: | |
| Online-Zugang: | Inhaltsverzeichnis |
| Zusammenfassung: | "Macroeconomic Analysis in the Classical Tradition explains how the influence of Keynes's macroeconomics, including his changed definitions of some key macroeconomic concepts, has impeded many analysts' ability to readily resolve disputes in modern macroeconomics. Expanding on his earlier work - Macroeconomics without the Errors of Keynes (2019) - the author delves into more aspects of macroeconomic theory and argues for a revision of Keynes's contribution to the field. Attention is given to theories and concepts such as Say's Law, the quantity theory of money, the liquidity trap, the permanent income hypothesis, 100% money, and the Phillips curve analysis. The chapters work to build a careful critique of Keynes's economics and make the case that the classical macroeconomics of Smith, Say, Ricardo, Mill and others could help resolve present-day policy disagreements and redefine macroeconomic priorities. This book provides essential reading for advanced students and scholars with an interest in the foundations of Keynes's theories and current debates within macroeconomic policy. James C. W. Ahiakpor is Emeritus Professor of Economics at California State University East Bay, Hayward, USA." |
| Beschreibung: | Enthält Literaturangaben und Index |
| Beschreibung: | xiii, 238 Seiten Diagramm |
| ISBN: | 9780367859879 9780367721930 |
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Datensatz im Suchindex
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| adam_text | Contents List offigures List of tables Preface Acknowledgments ix x xi xiv 1 Introduction: The pervasive impediment of Keynes’s influence in modem macroeconomic analysis 1 2 Interpreting Say’s law of markets or outlets correctly: The impediments of Keynes’s influence 12 3 Could Keynes have made a legitimate case against John Stuart Mill’s statement of the law of markets?: An Illustration of Keynes’s Abiding Influence 39 4 Saving and the relevant Ricardian equivalence theorem 58 5 Milton Friedman’s permanent income hypothesis: A distraction from Keynes’s misrepresentation of saving as non-spending 75 6 The classical heritage of monetary theory and policy at Chicago and Harvard before the Keynesian conquest 93 7 100% money: A harmful proposal appropriately ignored 113 8 Keynes’s liquidity trap is impossible: Classical monetary analysis helps to explain 141 9 The classical roots of the Phillips curve analysis 168
viii Contents 10 The firture of Keynesian economics: Struggling to sustain a dimming light 187 11 Conclusion: Some policy implications of ridding macroeconomics of Keynes’s influence 210 Bibliography Index 215 231
|
| adam_txt |
Contents List offigures List of tables Preface Acknowledgments ix x xi xiv 1 Introduction: The pervasive impediment of Keynes’s influence in modem macroeconomic analysis 1 2 Interpreting Say’s law of markets or outlets correctly: The impediments of Keynes’s influence 12 3 Could Keynes have made a legitimate case against John Stuart Mill’s statement of the law of markets?: An Illustration of Keynes’s Abiding Influence 39 4 Saving and the relevant Ricardian equivalence theorem 58 5 Milton Friedman’s permanent income hypothesis: A distraction from Keynes’s misrepresentation of saving as non-spending 75 6 The classical heritage of monetary theory and policy at Chicago and Harvard before the Keynesian conquest 93 7 100% money: A harmful proposal appropriately ignored 113 8 Keynes’s liquidity trap is impossible: Classical monetary analysis helps to explain 141 9 The classical roots of the Phillips curve analysis 168
viii Contents 10 The firture of Keynesian economics: Struggling to sustain a dimming light 187 11 Conclusion: Some policy implications of ridding macroeconomics of Keynes’s influence 210 Bibliography Index 215 231 |
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| index_date | 2024-07-03T17:12:13Z |
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| isbn | 9780367859879 9780367721930 |
| language | English |
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| spelling | Ahiakpor, James C. W. 1945- Verfasser (DE-588)128565845 aut Macroeconomic analysis in the classical tradition the impediments of Keynes's influence James C.W. Ahiakpor London ; New York Routledge 2021 xiii, 238 Seiten Diagramm txt rdacontent n rdamedia nc rdacarrier Routledge studies in the history of economics Enthält Literaturangaben und Index "Macroeconomic Analysis in the Classical Tradition explains how the influence of Keynes's macroeconomics, including his changed definitions of some key macroeconomic concepts, has impeded many analysts' ability to readily resolve disputes in modern macroeconomics. Expanding on his earlier work - Macroeconomics without the Errors of Keynes (2019) - the author delves into more aspects of macroeconomic theory and argues for a revision of Keynes's contribution to the field. Attention is given to theories and concepts such as Say's Law, the quantity theory of money, the liquidity trap, the permanent income hypothesis, 100% money, and the Phillips curve analysis. The chapters work to build a careful critique of Keynes's economics and make the case that the classical macroeconomics of Smith, Say, Ricardo, Mill and others could help resolve present-day policy disagreements and redefine macroeconomic priorities. This book provides essential reading for advanced students and scholars with an interest in the foundations of Keynes's theories and current debates within macroeconomic policy. James C. W. Ahiakpor is Emeritus Professor of Economics at California State University East Bay, Hayward, USA." Makroökonomie (DE-588)4037174-8 gnd rswk-swf Fehler (DE-588)4016606-5 gnd rswk-swf Keynessche Theorie (DE-588)4030426-7 gnd rswk-swf Makroökonomik / (DE-627)091376092 / (DE-STW)10249-5 Quantitätstheorie / (DE-627)091385008 / (DE-STW)11473-2 Klassische Ökonomie / (DE-627)091370736 / (DE-STW)10041-1 Keynesianismus / (DE-627)091370566 / (DE-STW)10247-2 Theorie / (DE-627)091394902 / (DE-STW)19073-6 Macroeconomics / Mathematical models Classical school of economics Keynesian economics Makroökonomie (DE-588)4037174-8 s Keynessche Theorie (DE-588)4030426-7 s Fehler (DE-588)4016606-5 s b DE-604 Erscheint auch als Online-Ausgabe 978-1-003-01624-3 Digitalisierung UB Regensburg - ADAM Catalogue Enrichment application/pdf http://bvbr.bib-bvb.de:8991/F?func=service&doc_library=BVB01&local_base=BVB01&doc_number=032668399&sequence=000001&line_number=0001&func_code=DB_RECORDS&service_type=MEDIA Inhaltsverzeichnis |
| spellingShingle | Ahiakpor, James C. W. 1945- Macroeconomic analysis in the classical tradition the impediments of Keynes's influence Makroökonomie (DE-588)4037174-8 gnd Fehler (DE-588)4016606-5 gnd Keynessche Theorie (DE-588)4030426-7 gnd |
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| title | Macroeconomic analysis in the classical tradition the impediments of Keynes's influence |
| title_auth | Macroeconomic analysis in the classical tradition the impediments of Keynes's influence |
| title_exact_search | Macroeconomic analysis in the classical tradition the impediments of Keynes's influence |
| title_exact_search_txtP | Macroeconomic analysis in the classical tradition the impediments of Keynes's influence |
| title_full | Macroeconomic analysis in the classical tradition the impediments of Keynes's influence James C.W. Ahiakpor |
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| title_full_unstemmed | Macroeconomic analysis in the classical tradition the impediments of Keynes's influence James C.W. Ahiakpor |
| title_short | Macroeconomic analysis in the classical tradition |
| title_sort | macroeconomic analysis in the classical tradition the impediments of keynes s influence |
| title_sub | the impediments of Keynes's influence |
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