Historical Perspectives on Macroeconomics

Sixty Years After the 'General Theory'

Business & Finance, Economics
Cover of the book Historical Perspectives on Macroeconomics by Philippe Fontaine, Albert Jolink, Taylor and Francis
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Author: Philippe Fontaine, Albert Jolink ISBN: 9781134716418
Publisher: Taylor and Francis Publication: August 12, 2005
Imprint: Routledge Language: English
Author: Philippe Fontaine, Albert Jolink
ISBN: 9781134716418
Publisher: Taylor and Francis
Publication: August 12, 2005
Imprint: Routledge
Language: English

Since the publication of Keynes's General Theory of Employment, Interest and Money in 1936, macroeconomic theory has altered considerably. Each author in this volume focuses on an issue which either preceded, accompanied or followed the 'Keynesian Revolution' and helped to shape economics in subsequent years. Contributors reconsider some of the major concepts of the "General Theory": unemployment and the identity of income and output. They also highlight some of the controversies in macroeconomic theory and review the macroeconomic policy implications and consequences.

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Since the publication of Keynes's General Theory of Employment, Interest and Money in 1936, macroeconomic theory has altered considerably. Each author in this volume focuses on an issue which either preceded, accompanied or followed the 'Keynesian Revolution' and helped to shape economics in subsequent years. Contributors reconsider some of the major concepts of the "General Theory": unemployment and the identity of income and output. They also highlight some of the controversies in macroeconomic theory and review the macroeconomic policy implications and consequences.

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