1.

Record Nr.

UNINA9910787819303321

Autore

Temin Peter

Titolo

Keynes : useful economics for the world economy / / Peter Temin and David Vines

Pubbl/distr/stampa

Cambridge, Massachusetts : , : The MIT Press, , 2014

©2014

ISBN

0-262-32195-5

0-262-52899-1

0-262-32194-7

Descrizione fisica

1 online resource (xiii, 116 pages) : illustrations

Disciplina

330.15/6

Soggetti

Economists - Great Britain

Economics - Great Britain - History - 20th century

Keynesian economics

Lingua di pubblicazione

Inglese

Formato

Materiale a stampa

Livello bibliografico

Monografia

Note generali

Includes index.

Nota di bibliografia

Includes bibliographical references (pages 113-114) and index.

Nota di contenuto

Economics before Keynes, I : Hume -- Keynes at Versailles -- Keynes at the Macmillan Committee -- Economics before Keynes, II : Marshall -- The general theory -- IS-LM curves -- The liquidity trap -- Keynes at Bretton Woods and the Swan diagram -- The Keynesian age, crises and reactions -- An international paradox of thrift.

Sommario/riassunto

As the global economic crisis continues to cause damage, some policy makers have called for a more Keynesian approach to current economic problems. In this book, economists Peter Temin and David Vines provide an accessible introduction to Keynesian ideas that connects Keynes's insights to today's global economy and offers readers a way to understand current policy debates. They survey economic thinking before Keynes and explain how difficult it was for Keynes to escape from conventional wisdom. They set out the Keynesian analysis of a closed economy and expand the analysis to the international economy, using a few simple graphs to present Keynes's formal analyses in an accessible way. They discuss problems of today's world economy, showcasing the usefulness of a simple Keynesian approach to current economic policy choices. Keynesian ideas, they argue, can lay the basis



for a return to economic growth. --