Keynes and Economic Policy : The Relevance of the General Theory after Fifty Years

Eltis, Walter

ISBN 10: 0333469976 / ISBN 13: 9780333469972

Published by Macmillan Publishers Limited, 1990

Pages intact with minimal writing/highlighting. The binding may be loose and creased. Dust jackets/supplements are not included. Stock photo provided. Product includes identifying sticker. Better World Books: Buy Books. Do Good. Seller Inventory # 52385516-75

Synopsis:

This is a collection of papers on the relevance of Keynes' economic policy theory after 50 years. Keynes published the "General Theory" in 1936 when UK unemployment was above 10%. With unemployment equally high 50 years later, the British National Economic Development Office invited a group of economists to examine his theories. The contributors were asked to consider which of Keynes' contributions are still relevant to economic policy and which have been superseded by more recent work, or discredited by the inflation of the 1970s and 1980s. They focus specially on the adequacy of market forces for the achievement of high employment, the link between money, wages and employment, the effect of fiscal reflation upon employment, the inflationary impact of fiscal policy, and the significance of public sector borrowing. Walter Eltis has also written "Britain's Economic Problem" and "The Classical Theory of Economic Growth".

Bibliographic Details

Title: Keynes and Economic Policy : The Relevance ...
Publisher: Macmillan Publishers Limited
Publication Date: 1990
Binding: Hardcover
Condition: Good