Reinterpreting Mr. Keynes

Name: Reinterpreting Mr. Keynes
SKU: 35691963
Price: 267.00 NZD
Availability: InStock

The IS-LM Enigma Revisited

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Format:

Hardback

Series:

Springer Studies in the History of Economic Thought

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Description

This book examines the origins of the IS-LM model, one of the most significant innovations in the history of economic thought. It shows that the complete IS-LM model, including the equations and diagram, was produced by a group of economists who contributed their respective mathematical models of Keynes’s General Theory, including Champernowne, Reddaway, Harrod, and Meade, not to mention Hicks. Furthermore, the book discusses the implications of newly discovered archival material, including a previously overlooked document showing that John Maynard Keynes himself was the first to present the IS-LM model equations in a lecture he gave on December 4, 1933. It focuses on the implications of this material in terms of understanding the evolution of Keynes’s approach from 1933 to 1937, later interpreters of his General Theory, and the ongoing debate between Keynesians and Post-Keynesians on the nature of his system. Given the revelations it presents, this book will transform the profession’s understanding of the origins of the IS-LM model and modern macroeconomics.

Author Biography:

Warren Young is a Professor Emeritus, Economics, Bar Ilan University, Israel. He is the author and editor of 14 books and over 70 academic papers. He is the author of "Interpreting Mr Keynes: the IS-LM Enigma" (Polity and Westview, 1987). He was a visiting scholar at Carnegie-Mellon University and former adviser, Archives Project, Federal Reserve Bank of Minneapolis. Edward W. Fuller is an independent researcher in economics. He is editor of "A Source Book on Early Monetary Thought", "Mises A to Z", and "Rothbard A to Z". He has published articles in a wide variety of journals, including Cambridge Journal of Economics, Quarterly Journal of Austrian Economics, and Review of Austrian Economics.

Release date NZ

January 20th, 2022

Author

Audience

Professional & Vocational

Edition

1st ed. 2022

Illustrations

4 Illustrations, color; 16 Illustrations, black and white; X, 161 p. 20 illus., 4 illus. in color.

Pages

161

Series

Springer Studies in the History of Economic Thought

ISBN-13

9783030913410

Product ID

35691963

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