This book reconsiders Keynes's The General Theory of Employment, Interest and Money and establishes a new interpretation. In contrast to the existing models, this book finds that the stickiness in the nominal wage is not crucial for his theory. Moreover, the author has also succeeds in capturing the concept of liquidity in a rigorous mathematical model. In conjunction with the development of the concept of liquidity, the separation of the decision between savings and capital investment, which plays a key role in the principle of effective demand and denies Say's law, is exactly and originally formulated.
The theory thus developed is applicable to elucidating some serious political economic causes that entrap the long-stagnated Japanese economy. For example, an analytical explanation is provided about why disinflation/deflation incessantly progresses despite the exorbitant expansionary monetary policy (ijigen kin-yuu seisaku) by the Bank of Japan. This phenomenon is an unsolvable question from the quantity-theoretic approaches (e.g., monetarism and new Keynesianism) which, although they differ in assumptions concerning the length of adjustment periods, commonly assume that the price level sooner or later rises in proportion to the quantity of money.
Owing much to Keynes, the author's approach considers that the price level is mainly governed by its marginal prime cost which is equal to the nominal wage as a first approximation. As such, the drastically sagging wages during the past 10 years provoke serious disinflation/deflation. It should be noted that this discussion never depends on the quantity of money.
Автор: E. Carlson Название: Consequentialism Reconsidered ISBN: 9048145716 ISBN-13(EAN): 9789048145713 Издательство: Springer Рейтинг: Цена: 20962.00 р. Наличие на складе: Есть у поставщика Поставка под заказ.
Описание: He also shows that certain moral theories cannot be reformulated as consequentialist theories. The relevant alternatives for an agent in a situation are taken to comprise all actions that they can perform in the situation. The problem of whether agents should adapt their actions to their own future actions is also addressed.
Описание: 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.
Автор: De Vroey Название: A History of Macroeconomics from Keynes to Lucas and Beyond ISBN: 0521898439 ISBN-13(EAN): 9780521898430 Издательство: Cambridge Academ Рейтинг: Цена: 20117.00 р. Наличие на складе: Есть у поставщика Поставка под заказ.
Описание: This book retraces the history of macroeconomics from Keynes`s General Theory to the present, especially the contrast between a Keynesian era and a Lucasian - or dynamic stochastic general equilibrium (DSGE) - era. It also examines a few selected works aimed at presenting alternatives to Lucasian macroeconomics.
Автор: D. E. Moggridge Название: Keynes ISBN: 033358662X ISBN-13(EAN): 9780333586624 Издательство: Springer Рейтинг: Цена: 8384.00 р. Наличие на складе: Есть у поставщика Поставка под заказ.
Описание: This updated edition takes account of new materials and new scholarship on Keynes that have appeared since 1980. It analyzes Keynes` intellectual origins and characteristic modes of thought so as to put Keynes` contributions to economics and economic policy-making into perspective.
Автор: P. Mini Название: John Maynard Keynes ISBN: 0333585844 ISBN-13(EAN): 9780333585849 Издательство: Springer Рейтинг: Цена: 23757.00 р. Наличие на складе: Есть у поставщика Поставка под заказ.
Описание: Keynes`s personality was fixed by the clash between Moorean values - other-worldliness, idealism, pacifism - and his own nature which craved and attained worldly success, wealth and social influence and approbation. The result was an "existential" outlook - this book examines this outlook.
Автор: Gerhard Michael Ambrosi Название: Keynes, Pigou and Cambridge Keynesians ISBN: 0333633903 ISBN-13(EAN): 9780333633908 Издательство: Springer Рейтинг: Цена: 21661.00 р. Наличие на складе: Есть у поставщика Поставка под заказ.
Описание: The sequence of antagonistic `revolutions` and counter-revolutions` between Keynesian and Classical Economics was in the end quite sterile. The Cambridge `Keynesians` Joan Robinson and Richard Kahn broke that fledging dialogue and infelicitously abandoned a number of Keynes` - and also some of their own - central conceptions.
Автор: Tim Battin Название: Abandoning Keynes ISBN: 0333682890 ISBN-13(EAN): 9780333682890 Издательство: Springer Рейтинг: Цена: 18866.00 р. Наличие на складе: Есть у поставщика Поставка под заказ.
Описание: It taps into the current literature that examines the role of economic interests, ideas, and institutions, and, by taking issue with the arguments of anti-Keynesian economists, the book carries the argument that there was and is nothing inherently contradictory about Keynesian theory or much of its practice.
Автор: John B. Davis Название: The State of Interpretation of Keynes ISBN: 0792395085 ISBN-13(EAN): 9780792395089 Издательство: Springer Рейтинг: Цена: 23757.00 р. Наличие на складе: Есть у поставщика Поставка под заказ.
Описание: In the former category are topics on standard issues in the interpretation of Keynes`s economics: the transition in Keynes`s thinking from the The Treatise on Money to The General Theory, the nature of the argument in The General Theory, and Keynes`s economic policy views.
Автор: R.M. O`Donnell Название: Keynes: Philosophy, Economics and Politics ISBN: 1349070297 ISBN-13(EAN): 9781349070299 Издательство: Springer Рейтинг: Цена: 30606.00 р. Наличие на складе: Есть у поставщика Поставка под заказ.
Описание: A systematic study contending that the distinctive theory of rationality found at the heart of Keynes` philosophy moulded his economic theorist policy-making, scientific methodology and politics. It aims to resolve his departure from Neoclassical economics to his radical "General Theory."
Автор: Philip Arestis; Victoria Chick; Sheila C. Dow Название: On Money, Method and Keynes ISBN: 1349219371 ISBN-13(EAN): 9781349219377 Издательство: Springer Рейтинг: Цена: 24456.00 р. Наличие на складе: Есть у поставщика Поставка под заказ.
Описание: By careful and rigorous analysis in which nothing is taken for granted, she uncovers the implicit assumptions of economic theory and argues, in a variety of contexts, that differences of economic method and the influence of the stylised facts are decisive forces, both in the construction of theories and in appraising their contemporary relevance.
Автор: Michael Perelman Название: Keynes, Investment Theory and the Economic Slowdown ISBN: 1349199427 ISBN-13(EAN): 9781349199426 Издательство: Springer Рейтинг: Цена: 6567.00 р. Наличие на складе: Есть у поставщика Поставка под заказ.
Описание: This book integrates Keynes` observations about the q-theory into a coherent theory of replacement investment. It demonstrates why, in the absence of a significant post-war depression, business was relieved of the need to replace obsolete capital goods, leading to a period of prolonged stagnation.
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