03361nam 2200577 a 450 991025544910332120200520144314.01-283-22046-697866132204621-84720-692-1(CKB)1000000000337215(EBL)301698(OCoLC)437183019(SSID)ssj0000362204(PQKBManifestationID)12143845(PQKBTitleCode)TC0000362204(PQKBWorkID)10363790(PQKB)10516110(DLC)9781847206923(MiAaPQ)EBC301698(UtOrBLW)eep9781847206923(oapen)https://directory.doabooks.org/handle/20.500.12854/51083(OCoLC)ocm76852868(PPN)155618881(EXLCZ)99100000000033721520061221d2007 uy 0engur|n|---|||||txtccrKeynes, the Keynesians and monetarism /Tim CongdonCheltenham Edward Elgar20071 online resource (356 p.)Description based upon print version of record.Print version: Congdon, Tim. Keynes, the Keynesians and monetarism. Edward Elgar Publishing: Cheltenham, UK, ©2007. (OCoLC)76852868 1-84720-139-3 Includes bibliographical references and index.Copyright -- Contents -- Figures -- Tables and boxes -- Preface -- Acknowledgements -- Introduction: what were (and are) the debates all about? -- PART ONE Keynes and the Keynesians -- 1. Were the Keynesians loyal followers of Keynes? -- 2. What was Keynes's best book? -- 3. Keynes, the Keynesians and the exchange rate -- PART TWO The So-called 'Keynesian Revolution' -- 4. Did Britain have a 'Keynesian revolution'? -- 5. Is anything left of the 'Keynesian revolution'? -- PART THREE Defining British Monetarism -- 6. The political economy of monetarism -- 7. British and American monetarism compared -- PART FOUR The Debate on the 1981 Budget8. Do budget deficits 'crowd out' private investment? -- 9. Did the 1981 Budget refute naïve Keynesianism? -- 10. An exchange 25 years later between Professor Stephen Nickell and Tim Congdon -- PART FIVE Did Monetarism Succeed? -- 11. Assessing the Conservatives' record -- 12. Criticizing the critics of monetarism -- 13. Has macroeconomic stability since 1992 been due to Keynesianism, monetarism or what? -- PART SIX How the Economy Works -- 14. Money, asset prices and economic activity -- 15. Some aspects of the transmission mechanism -- Index.Challenges several 'conventional wisdoms' about UK macroeconomic policy, arguing that the Keynesians' advocacy of incomes policy and fiscal activism in the post-war decades did not have a strong basis in Keynes' own writings. This book denies that the UK had a 'Keynesian revolution', in the sense of a deliberately pursued fiscal activism.Monetary policyGreat BritainMonetary policy332.4941Congdon Tim127106Edward Elgar Publishing,MiAaPQMiAaPQMiAaPQBOOK9910255449103321Keynes, the Keynesians and monetarism720734UNINA