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Keynes and the Classics Reconsidered is a collection of scholarly work re-evaluating Keynes's revolution in economic thought, both in the method of macroeconomic reasoning and in policy-making. This book brings together mostly a younger generation of economists to revisit Keynes's interpretation of the classics and its impact on macroeconomic theory and policy. There has been a considerable advance in the literature re-interpreting the classics and the early neoclassical economists. Most of the contributing authors have themselves been active participants in this reinterpretation. The participation of Robert Clower, an active participant in the Keynes versus the classics debate since the 1960s, brings a particularly significant retrospective to this fresh look at the record.
Keynes and the Classics Reconsidered will be of interest to policy-makers and economists, especially those working in the areas of macro and monetary economics.
List of contents
Preface. 1. Editor's Introduction; J.C.W. Ahiakpor. 2. Keynes on the Classics: A Revolution Mainly in Definitions? J.C.W. Ahiakpor. 3. Capital, Saving, Investment and Hoarding: From Marshall to Keynes; P. Dalziel. 4. Keynes, Ricardo, Malthus and Say's Law; A. Cottrell. 5. Unemployment Through the Eyes of a Classic; N. Aslanbeigui. 6. Keynes and Robertson: From `Classical' Collaboration to Methodological Opposites; P. Mizen, J. Presley. 7. The Consequences of the `Klassical' Caricature for Economics; R. Lesson. 8. Keynes on the Impact of Money Supply Changes; G. Christainsen. 9. Keynes and the Classics: An End of Century View; R. Clower, P. Howitt. 10. Keynes on the Classics: Some Concluding Comments; J.C.W. Ahiakpor. About the Authors and Commentators. Index.
Summary
Keynes and the Classics Reconsidered is a collection of scholarly work re-evaluating Keynes's revolution in economic thought, both in the method of macroeconomic reasoning and in policy-making.
