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The Notion of Equilibrium in the Keynesian Theory

The Notion of Equilibrium in the Keynesian Theory

Hardcover

Economics

ISBN10: 0333523741
ISBN13: 9780333523742
Publisher: Palgrave MacMillan
Published: Jun 24 1992
Pages: 247
Weight: 1.08
Height: 0.75 Width: 5.50 Depth: 8.50
Language: English
One of the reasons which make the Keynesian controversy still so live, is the missing distinction between aspects concerning methodology and others pertaining to theory. Another cause of the ongoing debate is to be found in unsettled problems concerning methodology, in primis the concept the equilibrium. Nor could the situation have been different, given, on the one hand, Keynes's manifest disaffection with these matters (especially in The General Theory) and, on the other hand, their implications as regards Keynesian economic theory and policy. The aim of this volume ensues from this analysis; accordingly, a wide spectrum of questions of method are considered and different interpretations of Keynes's approach in this field are taken into consideration.

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Economics