LEADER 03720nam 2200613 a 450 001 9910816613503321 005 20230725054350.0 010 $a0-674-06284-1 024 7 $a10.4159/harvard.9780674062849 035 $a(CKB)2550000000074921 035 $a(EBL)3301020 035 $a(OCoLC)768122963 035 $a(SSID)ssj0000551042 035 $a(PQKBManifestationID)11408575 035 $a(PQKBTitleCode)TC0000551042 035 $a(PQKBWorkID)10509484 035 $a(PQKB)11354680 035 $a(MiAaPQ)EBC3301020 035 $a(DE-B1597)178283 035 $a(OCoLC)979754458 035 $a(OCoLC)984642784 035 $a(OCoLC)987933926 035 $a(OCoLC)992453645 035 $a(OCoLC)999360936 035 $a(DE-B1597)9780674062849 035 $a(Au-PeEL)EBL3301020 035 $a(CaPaEBR)ebr10518230 035 $a(EXLCZ)992550000000074921 100 $a20110311d2011 uy 0 101 0 $aeng 135 $aur|n|---||||| 181 $ctxt 182 $cc 183 $acr 200 10$aCapitalist revolutionary$b[electronic resource] $eJohn Maynard Keynes /$fRoger E. Backhouse, Bradley W. Bateman 210 $aCambridge, Mass. $cHarvard University Press$d2011 215 $a1 online resource (208 p.) 300 $aDescription based upon print version of record. 311 $a0-674-05775-9 320 $aIncludes bibliographical references and index. 327 $aKeynes returns, but which Keynes? -- The rise and fall of Keynesian economics -- Keynes the moral philosopher: confronting the challenges to capitalism -- Keynes the physician: developing a theory of a capitalist economy -- Keynes's ambiguous revolution. 330 $aThe Great Recession of 2008 restored John Maynard Keynes to prominence. After decades when the Keynesian revolution seemed to have been forgotten, the great British theorist was suddenly everywhere. The New York Times asked, "What would Keynes have done?" The Financial Times wrote of "the undeniable shift to Keynes." Le Monde pronounced the economic collapse Keynes's "revenge." Two years later, following bank bailouts and Tea Party fundamentalism, Keynesian principles once again seemed misguided or irrelevant to a public focused on ballooning budget deficits. In this readable account, Backhouse and Bateman elaborate the misinformation and caricature that have led to Keynes's repeated resurrection and interment since his death in 1946.Keynes's engagement with social and moral philosophy and his membership in the Bloomsbury Group of artists and writers helped to shape his manner of theorizing. Though trained as a mathematician, he designed models based on how specific kinds of people (such as investors and consumers) actually behave-an approach that runs counter to the idealized agents favored by economists at the end of the century.Keynes wanted to create a revolution in the way the world thought about economic problems, but he was more open-minded about capitalism than is commonly believed. He saw capitalism as essential to a society's well-being but also morally flawed, and he sought a corrective for its main defect: the failure to stabilize investment. Keynes's nuanced views, the authors suggest, offer an alternative to the polarized rhetoric often evoked by the word "capitalism" in today's political debates. 606 $aKeynesian economics 615 0$aKeynesian economics. 676 $a330.15/6092 700 $aBackhouse$b Roger$f1951-$0129631 701 $aBateman$b Bradley W.$f1956-$01707555 801 0$bMiAaPQ 801 1$bMiAaPQ 801 2$bMiAaPQ 906 $aBOOK 912 $a9910816613503321 996 $aCapitalist revolutionary$94095879 997 $aUNINA