Historical Perspectives on Macroeconomics: Sixty Years After the 'General Theory' [Paperback]

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.
The essays in this book represent the contemporary scholarly perspective on an important section of the history of macroeconomics, focussing on issues which preceded, accompanied or followed the 'Keynesian Revolution'.Introduction, Philippe Fontaine, Albert Jolink; Part I Keynes Reconsidered; Chapter 1 Keynes, Keynesian Programmes, and Unemployment, Michel De Vroey; Chapter 2 The Keynesian Identity of Income and Output, Claude Gnos; Part II Controversies in Macroeconomics; Chapter 3 Pigou on Unemployment, Hansj?rg Klausinger; Chapter 4 Co-Ordination Failure, Brian J. Loasby; Chapter 5 Lindahl on Disequilibrium Growth, Mauro Gallegati, Domenica Tropeano; Part III Macroeconomic Theory and Policy; Chapter 6 Changes in Dutch Economics in the 1930s, Arnold Wilts; Chapter 7 Keynesianism and British Labour Market Policy, William R. Garside;Phillppe Fontaine Professor of Economics at the ?cole normale sup?rieure de Cachan.,
Albert Jolink Assistant Professor of Philosophy of Economics at Erasmus University, Rotterdam, and Director of the Erasmus Institute for Philosophy and Economics.USIntroduction and editorial matter ? 1998 Philippe Fontaine and Albert Jolink