Description
This important volume sheds new light on the ideas and policies of John Maynard Keynes. It presents nineteen contributions from an outstanding group of international economists who aim to understand Keynes as an economist whose work is still influential in both academic research and in more popular economic thought.
Although it is over fifty years since John Maynard Keynes passed away, and over sixty years ago that The General Theory was published, his ideas and policies continue to exert an enormous influence on academic economics, as well as being used to solve economic problems faced in the world today, and no doubt, the years to come. The decline of interest in Keynes and his policies during the 1970s has been replaced in the late eighties and nineties by a revival in academic interest, as well as the use of his policy suggestions to solve current economic problems. Divided into five sections, this book considers not only Keynes's theoretical contributions, but also his policies for money management, unemployment, wages and prices, and global governance and the state. As distinct from most other available volumes, this book examines Keynes's thoughts and policies in the context of the current economic climate as well as from the perspective of future economic problems, and how to remedy them.
This important book will be of interest to graduate students, research scholars and academics interested in macroeconomics, the history of economic thought, Keynesian and post Keynesian thought.