Anticipations of the General Theory?

Anticipations of the General Theory? PDF

Author: Don Patinkin

Publisher: University of Chicago Press

Published: 1984-11

Total Pages: 320

ISBN-13: 9780226648743

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This book examines the much-debated question of whether John Maynard Keynes' greatest work—The General Theory of Employment Interest and Money—was an instance of Mertonian simultaneous scientific discovery. In part I of this study, Don Patinkin argues for Keynes' originality, rejecting the claims of the Stockholm school and the Polish economist Michal Kalecki. Patinkin shows that the theoretical problems to which the Stockholm school and Kalecki devoted their attention largely differed from those of the General Theory and that, even when the problem addressed was similar, the treatment they accorded it was not part of their central messages. In the remaining parts of the book Patinkin presents a critique of Keynes' theory of effective demand and discusses Keynes' monetary theory and policy thinking, as well as the relationship between the respective developments of Keynesian theory and national income accounting in the 1930s.

Keynes and Marx

Keynes and Marx PDF

Author: Bill Dunn

Publisher: Manchester University Press

Published: 2021-07-06

Total Pages: 437

ISBN-13: 1526154919

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Keynes was an elitist and pro-capitalist economist, whom the left should embrace with caution. But his analysis provides a concreteness missing from Marx and engages with critical issues of the modern world that Marx could not have foreseen. This book argues that a critical Marxist engagement can simultaneously increase the power of Keynes’s insight and enrich Marxism. To understand Keynes, whose work is liberally invoked but seldom read, Dunn explores him in the context of the extraordinary times in which he lived, his philosophy, and his politics. By offering a detailed overview of Keynes’s critique of mainstream economics and General Theory, Dunn argues that Keynes provides an enduringly valuable critique of orthodoxy. The book develops a Marxist appropriation of Keynes’s insights, arguing that a Marxist analysis of unemployment, capital and the role of the state can be enriched through such a critical engagement. The point is to change the world, not just to understand it. Thus the book considers the prospects of returning to Keynes, critically reviewing the practices that have come to be known as ‘Keynesianism’ and the limits of the theoretical traditions that have made claim to his legacy.

Investment, Employment and Income Distribution

Investment, Employment and Income Distribution PDF

Author: A Asimakopulos

Publisher: Routledge

Published: 2022-06-30

Total Pages: 248

ISBN-13: 9780367153205

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First published in 1988. Most of the articles reprinted in this collection were based on material developed for the author's students in order to assist them in understanding the theories of Michal Kalecki, John Maynard Keynes and Joan Robinson. Each article is self-contained, but together the articles provide an introduction to the important contributions of these three economists that also makes clear the interrelations between their theories. The treatment of their theories in these articles is sympathetic, but not uncritical.

The General Theory

The General Theory PDF

Author: Professor Geoffrey Harcourt

Publisher: Routledge

Published: 2006-08-23

Total Pages: 840

ISBN-13: 1134824211

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Keynes always intended to write 'footnotes' to his masterwork The General Theory, which would take account of the criticisms made of it and allow him to develop and refine his ideas further. However, a number of factors combined to prevent him from doing so before his death in 1946. A wide range of Keynes scholars - including James Tobin, Paul Davidson and Lord Skidelsky - have written here the 'footnotes' that Keynes never did.

The General Theory

The General Theory PDF

Author: G. C. Harcourt

Publisher: Routledge

Published: 2005-06-27

Total Pages: 494

ISBN-13: 1134824149

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This second volume contains essays which relate to developments in Keynes' scholarship and theorizing in the years since his death and demonstrates the ongoing validity of the Keynesian tradition.

Understanding Keynes’ General Theory

Understanding Keynes’ General Theory PDF

Author: B. Sheehan

Publisher: Springer

Published: 2009-01-15

Total Pages: 298

ISBN-13: 023023285X

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This book is a comprehensive guide for those seeking to fully understand Keynes' General Theory of Employment, Interest and Money , and especially those approaching the work for the first time. It also highlights Keynes' important policy insights. This book is an essential introduction to Keynes' most influential text.

Keynes's General Theory and Accumulation

Keynes's General Theory and Accumulation PDF

Author: Athanasios Asimakopulos

Publisher: Cambridge University Press

Published: 1991-06-28

Total Pages: 232

ISBN-13: 9780521368155

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This book makes Keynes's writing on his General Theory accessible to students by presenting this theory in a careful, consistent manner that is faithful to the original. Keynes's theory continues to be important, because the issues it raised, such as the problems of involuntary unemployment, the volatility of investment, and the complexity of monetary arrangements in modern capitalist economies, are still with us. Keynes's method of analysis, which tries to allow for the complications of dealing with historical time, deserves the careful attention given in this book. Keynes's formal analysis dealt only with a short period of time during which changes in productive capacity as a result of net investment were small relative to initial productive capacity. Roy Harrod and Joan Robinson were the two most prominent followers of Keynes who attempted to extend his analysis to the long period by allowing for the effects of investment on productive capacity as well as on effective demand. The careful examination of their writings on this topic is a natural complement to the presentation of Keynes's General Theory and makes clear the severe limitations on any use of equilibrium concepts in dealing with accumulation in models that try to observe Keynes's warnings about an unknowable future in the type of world we inhabit.

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