Keynesianism vs. Monetarism

Keynesianism vs. Monetarism PDF Author: Charles P. Kindleberger
Publisher: Routledge
ISBN: 1134535104
Category : Business & Economics
Languages : en
Pages : 348

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Book Description
First Published in 2005. This volume offers an extended original series of essays in the field of financial history, assembled from lectures, articles for Festschriften and symposia, commissioned articles, and a few papers for the normal run of periodicals, including one or two obscure ones. They form a complement to the author’s previous work Financial History of Western Europe (1984).

Keynesianism Vs. Monetarism, and Other Essays in Financial History

Keynesianism Vs. Monetarism, and Other Essays in Financial History PDF Author: Charles P. Kindleberger
Publisher: Taylor & Francis
ISBN: 9780415382120
Category : Chicago school of economics
Languages : en
Pages : 348

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Book Description
First Published in 2005. Routledge is an imprint of Taylor & Francis, an informa company.

Keynesianism Vs Monetarism

Keynesianism Vs Monetarism PDF Author: Charles Poor Kindleberger
Publisher:
ISBN: 9780415378505
Category : Chicago school of economics
Languages : en
Pages : 0

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Book Description


Keynesianism vs. Monetarism

Keynesianism vs. Monetarism PDF Author: Charles P. Kindleberger
Publisher: Routledge
ISBN: 1134535104
Category : Business & Economics
Languages : en
Pages : 348

Get Book Here

Book Description
First Published in 2005. This volume offers an extended original series of essays in the field of financial history, assembled from lectures, articles for Festschriften and symposia, commissioned articles, and a few papers for the normal run of periodicals, including one or two obscure ones. They form a complement to the author’s previous work Financial History of Western Europe (1984).

Keynes, the Keynesians and Monetarism

Keynes, the Keynesians and Monetarism PDF Author: Tim Congdon
Publisher: Edward Elgar Publishing
ISBN: 1847206921
Category : Business & Economics
Languages : en
Pages : 357

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Book Description
''Keynes, the Keynesians and Monetarism is an intriguing miscellaneous of essays by one of Britain''s leading monetarist economists in the 1980s and in the 1990s. The book indeed brings together the main academic papers written by the author revising and up-to-dating the previous collection titled, Reflections on Monetarism, with the new papers published in the first years of 2000. The book by this "advocate" of monetarism is very often appealing and provocative, covering topics that are fundamental to macroeconomic thinking and policy-making. . . certainly appealing for macroeconomists and researchers. . .'' Lino Sau, History of Economic Ideas ''In the context of the current economic climate, this volume provides an excellent opportunity for reappraising the arguments on both sides of the debate. . . The importance of this volume is that it provides the interested reader with an excellent summary of the monetarist position prior to the current crisis.'' Economic Outlook and Business Review ''Tim Congdon has been Britain''s leading monetarist for about three decades. . . He has a sharp eye for statistics, for history, for the twists and flows of intellectual fads, and for the political arena where debate hardens suddenly into the stone of decision. He is subtle, practical, bellicose and highly articulate. This volume is vintage Congdon in every sense.'' Peter Sinclair, The Business Economist ''Tim Congdon''s book revisits the intellectual battlefields of British monetary theory and policy. A doughty advocate of monetarism, he is stimulating, controversial and entertaining.'' Charles Goodhart, London School of Economics and Political Science, UK ''Whether rescuing Keynes from the "Keynesians" or finding support in his earlier works for a distinctly British version of Monetarism, Tim Congdon writes with engaging and provocative enthusiasm. This is a timely collection too, coming from a long-standing exponent of ideas that policy makers are once again beginning to take seriously. It deserves the careful attention of anyone interested in British monetary policy.'' David Laidler, University of Western Ontario, Canada ''As with all Tim Congdon''s writing, beautifully written and vigorously argued.'' Robert Sidelsky, author of the biography John Maynard Keynes: Economist, Philosopher, Statesman Keynes, the Keynesians and Monetarism is a major contribution to the continuing debate on macroeconomic policy-making. Tim Congdon has been a strong supporter of monetarist economic principles for over 30 years. His writings in the newspapers and for parliamentary committees, as well as in academic journals played an influential role in the transformation of British macroeconomic policy in the 1980s and 1990s. This book brings together the main papers written by the author since his 1992 collection, Reflections on Monetarism. It challenges several ''conventional wisdoms'' about UK macroeconomic policy (and thinking about policy), arguing for example that the Keynesians'' advocacy of incomes policy and fiscal activism in the immediate post-war decades did not have a clear basis in Keynes''s own writings. The book denies that the UK had a ''Keynesian revolution'', in the sense of a deliberately pursued fiscal activism to promote ''full employment''. Implicit throughout the volume is a distinctive view of how the economy works, with an account of the transmission mechanism (from money to the economy) in which movements in asset prices and aggregate demand are strongly influenced by the quantity of money. Congdon uses this approach to demonstrate that monetary policy has had more powerful effects on macroeconomic activity in the post-war period than fiscal policy. He also suggests that the now fashionable ''New Keynesian'' view of policy-making acknowledges the primacy of monetary policy and would be better termed ''output gap monetarism''. In short, Keynes, the Keynesians and Monetarism contends that monetarism defeated Keynesianism in the battle of ideas in the 1970s and 1980s. The achievement of greater macroeconomic stability in the last 15 years is largely due to the impact of monetarist thinking on policy-making. The book is clearly and attractively written, and covers topics that are fundamental to macroeconomic thinking and policy-making. It will be a provocative and appealing read for scholars at all levels of economics, macroeconomics and monetary theory. It will also find an audience among policymakers in central banks and finance ministries, business economists working in companies, and financial economists in the City of London and other centres.

Keynes and the Monetarists, and Other Essays

Keynes and the Monetarists, and Other Essays PDF Author: Sidney Weintraub
Publisher: New Brunswick, N.J. : Rutgers University Press
ISBN:
Category : Business & Economics
Languages : en
Pages : 250

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Book Description


Economic Thought Since Keynes

Economic Thought Since Keynes PDF Author: Michel Beaud
Publisher: Routledge
ISBN: 1134711522
Category : Biography & Autobiography
Languages : en
Pages : 510

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Book Description
Economic Thought Since Keynes provides a concise overview of changing economic thought in the latter part of the twentieth century. Offering a concise biography of 150 influential economists since Keynes, it is an invaluable reference tool.

Monetarism and the Demise of Keynesian Economics

Monetarism and the Demise of Keynesian Economics PDF Author: G.R. Steele
Publisher: Springer
ISBN: 1349099945
Category : Business & Economics
Languages : en
Pages : 161

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Book Description
An examination of the role of money in a dynamic economy within the context of theoretical developments both within and in opposition to, the Quantity Theory tradition. Emphasis is on the dangers of basing economic policy on macroeconomic analysis.

The World Economy and National Finance in Historical Perspective

The World Economy and National Finance in Historical Perspective PDF Author: Charles Poor Kindleberger
Publisher: University of Michigan Press
ISBN: 9780472106424
Category : Business & Economics
Languages : en
Pages : 272

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Book Description
A distinguished scholar looks at current financial problems from a historical perspective

The Three Great Controversies of Milton Friedman

The Three Great Controversies of Milton Friedman PDF Author:
Publisher:
ISBN: 9781520820989
Category :
Languages : en
Pages : 66

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Book Description
After World War II, Keynesianism became the first economic current, being overtaken by Monetarism (in the mid-1970s and during the 1980s), and regaining its predominant role since the 1990s, motivated by the reformulation of Keynesian Theory and the acceptance of certain Monetarist foundations, and neo-Classical microeconomic principles. Nowadays, continues the leadership of neo-Keynesians in the formulation and implementation of economic policies.The merits of Monetarists are awesome. They revealed the flaws of the Keynesian Theory, which forced the Keynesians to: modify some of their postulates, take into account the importance of monetary policies and recognize the need to grant autonomy to the central banks.Moreover, the views of the main exponent of the Monetarism, the professor Milton Friedman, originated three major controversies (discussions that are still in force):1. The objection to Theory of Economic Cycles.2. The natural rate of unemployment.3. The neutrality of moneyCONTENT:I. INTRODUCTIONII. KEYNESIANISM VS. MONETARISMII.1 THE RISE AND FALL OF KEYNESIANISMII.2 THE RISE OF MONETARISM II.3 THE GROWTH OF MONETARISMII 4 THE RISE OF NEO-KEYNESIANISMIII. THE GREAT CONTROVERSIES OF MILTON FRIEDMANIII.1 THE OBJECTION TO THEORY OF ECONOMIC CYCLESIII.2 THE NATURAL RATE OF UNEMPLOYMENTIII.3 THE NEUTRALITY OF MONEYIV. CONCLUSIONSV. BIBLIOGRAPHY

Keynes's Theoretical Development

Keynes's Theoretical Development PDF Author: Toshiaki Hirai
Publisher: Routledge
ISBN: 1134230419
Category : Business & Economics
Languages : en
Pages : 289

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Book Description
Comprehensive and authoritative, this book, written by a recognized authority on the subject explores the contributions to modern economics by John Maynard Keynes and addresses neglected, yet crucial aspects of the genesis of Keynesian economics. In this book, the author elucidates Keynes’ development as an economic theoretician through an examination of his books, articles, various manuscripts, lecture notes and controversial correspondence. Departing from a narrative account and analyzing processes of theory-building and re-building which constitute Keynes’s intellectual journey from the Tract to the General Theory, this volume shows Keynes’ theoretical development as a theoretical hypothesis. An excellent exposition of Keynes’ contribution, this is a valuable addition to the bookshelves of all to students and researchers interested in Keynes and more widely the history of economic thought and macroeconomics.