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ISBN 10: 0230277012
ISBN 13: 978-0230277014
Author: G. Tily
This book argues that Keynesian economists have betrayed Keynes' theory and policy conclusions, and that the world has been misled about those policies. Keynesians have focused attention on policies for dealing with effects of economic failure as they arise, whereas Keynes was concerned with the cause and then the prevention of economic failure.
Front Matter
Introduction
History
Monetary Economics and Monetary Policy
JMK and the Fourth Grand Monetary Discussion
The Origins of ‘Keynesian’ Economics
Theory
Theory: Preliminary Discussion
The Saving-Investment Identity and the Transition from the Treatise to the General Theory
The Theory of Liquidity Preference and Debt-Management Policy
The Monetary Theory of Real Activity
Macroeconomics After Keynes
Keynes’s Response to ‘Keynesian’ Economics
The ‘Keynesian’ Counter-Revolution and After
The General Theory and the ‘Facts of Experience’
Conclusion
Back Matter
keynes betrayed the general theory
keynes general theory sparknotes
keynes' general theory chapter summary
keynes general theory explained
keynes general theory
Tags: G Tily, Keynes, Betrayed, General, Theory, Rate, Interest, Keynesian, Economics