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Reconstructing Keynesian Macroeconomics Volume 1: Partial Perspectives

Reconstructing Keynesian Macroeconomics Volume 1: Partial Perspectives

Hardcover

Series: Routledge Frontiers of Political Economy, Book 149

EconomicsInvesting & Finance

ISBN10: 0415668565
ISBN13: 9780415668569
Publisher: Routledge
Published: Oct 20 2011
Pages: 398
Weight: 1.60
Height: 1.00 Width: 6.20 Depth: 9.30
Language: English

This book represents the first of three volumes offering a complete reinterpretation and restructuring of Keynesian macroeconomics and a detailed investigation of the disequilibrium adjustment processes characterizing the financial, the goods and the labour markets and their interaction. It questions in a radical way the evolution of Keynesian macroeconomics after World War II and focuses on the limitations of the traditional Keynesian approach until it fell apart in the early 1970s, as well as the inadequacy of the new consensus in macroeconomics that emerged from the Monetarist critique of Keynesianism.

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Economics