Keynes''s General Theory, the Rate of Interest and ''Keynesian'' Economics
by
G. Tily
Book Details
Format
Hardback or Cased Book
ISBN-10
1403996288
ISBN-13
9781403996282
Publisher
Palgrave USA
Imprint
Palgrave Macmillan
Country of Manufacture
GB
Country of Publication
GB
Publication Date
Jan 31st, 2007
Print length
346 Pages
Product Classification:
Economic theory & philosophyEconomic theory and philosophy
Ksh 16,200.00
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This book argues that Keynesian economists have betrayed Keynes' theory and policy conclusions, and that the world has been misled about those policies. Keynesians have focused attention on policies for dealing with effects of economic failure as they arise, whereas Keynes was concerned with the cause and then the prevention of economic failure.
This book argues that Keynesian economists have betrayed Keynes''s theory and policy conclusions. Keynesian economics has not merely led to an easily dismissed justification for ''Keynesian'' policies, but the world has been grossly misled about just what those policies are. Keynesians have focused attention exclusively on policies for dealing with effects of economic failure as they arise, whereas in contrast, Keynes was concerned with the cause and then the prevention of economic failure. While these effects can be addressed with fiscal policy, the cause and prevention was a matter for monetary policy. Keynes''s legacy is that of national and international policy measures that permit the necessary control over the financial system.
Get Keynes''s General Theory, the Rate of Interest and ''Keynesian'' Economics by at the best price and quality guaranteed only at Werezi Africa's largest book ecommerce store. The book was published by Palgrave USA and it has pages.