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Reinterpreting Mr. Keynes

Name: Reinterpreting Mr. Keynes
Brand: Springer, Berlin
SKU: 9783030913441
Price: 468.91 RON
Availability: InStock

The IS-LM Enigma Revisited

Autor: Warren Young, Edward W. Fuller

Limbă:

Legare: Carte broșată

Editura: Springer, Berlin

Disponibilitate: În depozitul extern

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This book examines the origins of the IS-LM model, one of the most significant innovations in the hi...

Informații despre carte

Autor

Warren Young, Edward W. Fuller

Limbă

engleză

Legare

Carte - Carte broșată

Publicat

2023

Pagini

161

EAN

9783030913441

Enbook ID

42658612

Editura

Springer, Berlin

Greutate

249

Dimensiuni

155 x 235

Descriere completă

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.