Author: Richard Ferdinand Kahn
Publisher: CUP Archive
ISBN:
Category : Business & Economics
Languages : en
Pages : 256
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Book Description
Lord Kahn was a leading figure in the development of modern economic theory. Not only did he play a vital role in the conception of the new theories of employment and money in the inter-war period, but he also made important contributions to the further development of monetary theory and the theories of economic growth during the last half of the twentieth century. This selection of essays illustrates the broad range of Lord Kahn's achievement, from the path-breaking 'multiplier' article to a recent essay on the growth of corporate firms. It brings together both papers previously published in academic journals and papers published elsewhere, including his important evidence to the Radcliffe Committee and two radio talks on Lord Keynes.
Author: Geoffrey Colin Harcourt
Publisher: Psychology Press
ISBN: 9780415149433
Category : Keynesian economics
Languages : en
Pages : 494
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Book Description
Author: Richard Kahn
Publisher: Cambridge University Press
ISBN: 9780521107747
Category : Business & Economics
Languages : en
Pages : 0
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Book Description
Lord Kahn was a leading figure in the development of modern economic theory. Not only did he play a vital role in the conception of the new theories of employment and money in the inter-war period, but he also made important contributions to the further development of monetary theory and the theories of economic growth during the last half of the twentieth century. This selection of essays illustrates the broad range of Lord Kahn's achievement, from the path-breaking 'multiplier' article to a recent essay on the growth of corporate firms. It brings together both papers previously published in academic journals and papers published elsewhere, including his important evidence to the Radcliffe Committee and two radio talks on Lord Keynes.
Author: G. C. Harcourt
Publisher: Routledge
ISBN: 1134824157
Category : Business & Economics
Languages : en
Pages : 340
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Book Description
This second volume contains essays which relate to developments in Keynes' scholarship and theorizing in the years since his death and demonstrates the ongoing validity of the Keynesian tradition.
Author: Richard F. Kahn
Publisher: Cambridge University Press
ISBN: 052125373X
Category : Business & Economics
Languages : en
Pages : 338
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Book Description
This 1984 book describes the development of thought, both of Keynes and others, culminating in the publication in 1936 of Keynes' General Theory of Employment, Interest and Money. As one of Keynes' close collaborators - from December 1929, when the writing of the Treatise was nearing its completion - Richard Khan provides a uniquely insightful analysis of these events. The author starts with a brief survey of the contributions influential in forming Keynes' early ideas, and moves on to explore the significance of the Quantity Theory of Money, and traces the development of Keynes' attitude towards the theory through his published books. Subsequent lectures are devoted to Keynes' Treatise on Money, and to his more popular writings as an economic adviser which marked the transition from the thinking in the Treatise to that in the General Theory which the author critically examines. The final lecture records the author's memory of his personal relationship with Keynes.
Author: Frédéric Bastiat
Publisher:
ISBN:
Category : Economics
Languages : en
Pages : 58
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Book Description
Author: Professor Geoffrey Harcourt
Publisher: Routledge
ISBN: 1134824211
Category : Business & Economics
Languages : en
Pages : 840
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Book Description
Keynes always intended to write 'footnotes' to his masterwork The General Theory, which would take account of the criticisms made of it and allow him to develop and refine his ideas further. However, a number of factors combined to prevent him from doing so before his death in 1946. A wide range of Keynes scholars - including James Tobin, Paul Davidson and Lord Skidelsky - have written here the 'footnotes' that Keynes never did.
Author: Richard Kahn
Publisher: Springer
ISBN: 1349098175
Category : Business & Economics
Languages : en
Pages : 221
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Book Description
The foundations of the treatment of the short period were laid by Marshall, and it is his discussion of the concept in "Principles" and his conception of quasi-rent which, together with the additions of later economists, provide the material upon which the author elaborates here.
Author: Prabhat Patnaik
Publisher: Columbia University Press
ISBN: 0231519214
Category : History
Languages : en
Pages : 279
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Book Description
Why is money more valuable than the paper on which it is printed? Monetarists link the value of money to its supply and demand, believing the latter depends on the total value of the commodities it circulates. According to Prabhat Patnaik, this logic is flawed. In his view, in any nonbarter economy, the value we assign to money is determined independently of its supply and demand. Through an original and provocative critique of monetarism, Patnaik advances a revolutionary understanding of macroeconomics that highlights the "propertyist" position of Karl Marx and John Maynard Keynes. Unlike the usual division between "classical" economists (e.g., David Ricardo and Marx) and the "marginalists" (e.g., Carl Menger, William Stanley Jevons, and Léon Walras), Patnaik places "monetarists," including Ricardo, on one side, while grouping propertyist writers like Marx, Keynes, and Rosa Luxemburg on the other. This second group subscribes to the idea that the value of money is given from outside the realm of supply and demand, therefore making money a form in which wealth is held. The fact that money is held as wealth in turn gives rise to the possibility of deficiency of aggregate demand under capitalism. It is no accident that this possibility was highlighted by Marx and Keynes while going largely unrecognized by Ricardo and contemporary monetarists. At the same time, Patnaik points to a weakness in the Marx-Keynes tradition namely, its lack of any satisfactory explanation of why the value of money, determined from outside the realm of supply and demand, remains relatively stable over long stretches of time. The answer to this question lies in the fact that capitalism is not a self-contained system but is born from a precapitalist setting with which it interacts and where it creates massive labor reserves that, in turn, impart stability to the value of money. Patnaik's theory of money, then, is also a theory of imperialism, and he concludes with a discussion of the contemporary international monetary system, which he terms the "oil-dollar" standard.
Author: Jan Toporowski
Publisher: Oxford University Press
ISBN: 0192548220
Category : Business & Economics
Languages : en
Pages : 194
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Book Description
Interest and Capital brings together Michał Kalecki's published fragments on monetary theory and policy to explore his distinctive approach to money and its circulation in the capitalist economy. Toporowski lays out Kalecki's critique of the international monetary arrangements proposed by Keynes and White at Bretton Woods, casting new light on the international monetary imbalances that have since disrupted the international economy. The greater importance of debt management revealed in Kalecki's monetary analysis makes it particularly relevant to the policy dilemmas of developing countries and governments facing high levels of debt in the wake of recent global crises. In Kalecki's theoretical approach, money has both an industrial and a financial circulation. Corporate finance takes its place at the centre of monetary considerations because it is the money of capitalists that is the autonomous determinant of expenditure in the economy. This theory has important implications for the rate of interest, which is not related to the rate of profit, nor to the kind of portfolio adjustments necessary to maintain portfolio equilibrium, but to the kind of financing that may prevail in any given phase of the business cycle.
