In this Book
- Keynes: Useful Economics for the World Economy
- Book
- 2014
- Published by: The MIT Press
summary
As the global economic crisis continues to cause damage, some policy makers have called for a more Keynesian approach to current economic problems. In this book, the economists Peter Temin and David Vines provide an accessible introduction to Keynesian ideas that connects Keynes's insights to today's global economy and offers readers a way to understand current policy debates. They survey economic thinking before Keynes and explain how difficult it was for Keynes to escape from conventional wisdom. They also set out the Keynesian analysis of a closed economy and expand the analysis to the international economy, using a few simple graphs to present Keynes's formal analyses in an accessible way. Finally, they discuss problems of today's world economy, showcasing the usefulness of a simple Keynesian approach to current economic policy choices. Keynesian ideas, they argue, can lay the basis for a return to economic growth.
Table of Contents
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- 2 Keynes at Versailles
- pp. 9-18
- 3 Keynes and the Macmillan Committee
- pp. 19-30
- 5 The General Theory
- pp. 41-52
- 6 IS-LM Curves
- pp. 53-64
- 7 The Liquidity Trap
- pp. 65-74
- 8 Bretton Woods and the Swan Diagram
- pp. 75-88
- 10 An International Paradox of Thrift
- pp. 97-106
- Glossary of Economic Terms
- pp. 107-112
- Sources and Further Readings
- pp. 113-114
Additional Information
ISBN
9780262321945
Related ISBN(s)
9780262028318
MARC Record
OCLC
966846007
Pages
136
Launched on MUSE
2017-01-01
Language
English
Open Access
No