LEADER 04078nam 22005055 450 001 9910337671203321 005 20200702053520.0 010 $a3-030-12289-1 024 7 $a10.1007/978-3-030-12289-8 035 $a(CKB)4100000007823637 035 $a(MiAaPQ)EBC5743812 035 $a(DE-He213)978-3-030-12289-8 035 $a(EXLCZ)994100000007823637 100 $a20190401d2019 u| 0 101 0 $aeng 135 $aurcnu|||||||| 181 $ctxt$2rdacontent 182 $cc$2rdamedia 183 $acr$2rdacarrier 200 10$aWynne Godley $eA Biography /$fby Alan Shipman 205 $a1st ed. 2019. 210 1$aCham :$cSpringer International Publishing :$cImprint: Palgrave Macmillan,$d2019. 215 $a1 online resource (325 pages) 311 $a3-030-12288-3 327 $a1. Life Before Economics 1926-1955 -- 2. Under Treasury Rules 1956-64 -- 3. Short-term Forecasting -- 4. Public Expenditure -- 5. Planning, Tax Reform and Structural Change -- 6. Gatecrashing the Cambridge Tradition -- 7. Public Expenditure Revisited -- 8. Sector Balances and ?New Cambridge? -- 9. Balance-of-Payments, Deindustrialisation and Protection -- 10. Spectating on Thatcher and Major -- 11. ?Macroeconomics? -- 12. The SSRC Showdown -- 13. Wilderness and Wisdom -- 14. Cassandra Across the Atlantic -- 15. The Long Road to Redemption -- 16. Monetary Economics and After -- 17. The True Self. 330 $aThis timely biography of the economist Wynne Godley (1926-2010) charts his long and often crisis-blown route to a new way of understanding whole economies. It shows how early frustrations as a policy-maker enabled him to glimpse the cliff-edges other macro-modellers missed, and re-arm ?Keynesian? theory against the orthodoxy that had tried to absorb it. Godley gained notoriety for his economic commentaries - foreseeing the malaise of the 1970s, the Reagan-Thatcher slump, the unsustainable 1980s and 1990s booms, and the crises in the Eurozone and world economies after 2008. This foresight arose from a series of advances in his understanding of national accounting, price-setting, the role of modern finance, and the use of economic data, especially to grasp the interlinkage of stocks and flows. This biography also gives due attention to Godley's life outside academic economics ? including his chaotic childhood, truncated career as a professional oboist, equally brief stints as a sculptor?s model and economist in industry, and a longer spell as as a Treasury adviser with a mystery gift for forecasting. This first full-length biography traces Wynne Godley?s long career from professional musician to public servant, policymaker, tormentor of conventional macroeconomics and creator of a workable alternative ? all after escaping a childhood of decaying mansions and draconian schools, and rescuing his private world from the legacy of two Freuds. Drawing on Godley?s published and unpublished work and extensive interviews with those who knew him, the author explores Godley's improbable life and explains the lasting significance of his work. 606 $aEconomic history 606 $aMacroeconomics 606 $aEconomic policy 606 $aHistory of Economic Thought/Methodology$3https://scigraph.springernature.com/ontologies/product-market-codes/W28000 606 $aMacroeconomics/Monetary Economics//Financial Economics$3https://scigraph.springernature.com/ontologies/product-market-codes/W32000 606 $aEconomic Policy$3https://scigraph.springernature.com/ontologies/product-market-codes/W34010 615 0$aEconomic history. 615 0$aMacroeconomics. 615 0$aEconomic policy. 615 14$aHistory of Economic Thought/Methodology. 615 24$aMacroeconomics/Monetary Economics//Financial Economics. 615 24$aEconomic Policy. 676 $a330.0922 676 $a330.092 700 $aShipman$b Alan$4aut$4http://id.loc.gov/vocabulary/relators/aut$0125034 906 $aBOOK 912 $a9910337671203321 996 $aWynne Godley$91997382 997 $aUNINA