Info
On interpreting Keynes [[electronic resource] ] : a study in reconciliation / / Bruce Littleboy
| On interpreting Keynes [[electronic resource] ] : a study in reconciliation / / Bruce Littleboy |
| Autore | Littleboy Bruce <1956-> |
| Pubbl/distr/stampa | London, : Routledge, 1990 |
| Descrizione fisica | 1 online resource (353 p.) |
| Disciplina | 330.15/6 |
| Soggetto topico |
Keynesian economics
Schools of economics |
| Soggetto genere / forma | Electronic books. |
| ISBN |
1-299-28473-6
1-134-94952-9 1-282-37311-0 9786612373114 0-203-01154-6 |
| Formato | Materiale a stampa  |
| Livello bibliografico | Monografia |
| Lingua di pubblicazione | eng |
| Nota di contenuto |
Front Cover; On Interpreting Keynes; Copyright Page; Contents; Preface; Acknowledgements; Part one; 1 Introduction; The inherited literature; Why historians of thought disagree: psychological and methodological factors; Vision and the process of interpretation; Fundamentalism and reductionism: similarities and differences; The role of uncertainty and the significance of conventions; Part two; 2 Leijonhufvud on unemployment and effective demand; Leijonhufvud's interpretation: a preliminary overview; The response to Leijonhufvud's challenge; Leijonhufvud on unemployment
Leijonhufvud's evidence from Keynes Some objections to Leijonhufvud's portrayal of expectations; The behaviour of producers; The real wage and the marginal product of labour; Instantaneous versus sticky wage adjustment; 3 Involuntary unemployment in the history of economic thought; Keynes and Mill; The role of money; Keynes and Pigou; Money illusion; Money illusion in Keynes; Money illusion in classical economics; Money illusion and the post-Keynesians; Some modern views on involuntary unemployment; 4 Effective demand: a theoretical and historical perspective; Grossman's critique Monetary versus barter economies Some theoretical developments; Liquidity constraints: Clower and Leijonhufvud versus Davidson et al.; Concluding remarks; Part three; 5IS-LM and the interest-rate dynamics; Introduction; Some examples; The 'Finance-your-losses' approach; The role of IS-LM; 6On bootstraps and traps; Introduction; Conventions and interest rates; Theoretical foundations of the trap; The liquidity trap in Keynes; Some concluding remarks on the trap; 7 Expenditure and the interest rate; An overview; The aggregation question: evaluating Leijonhufvud Investment and the rate of interest The stability of the MEI curve; Keynes on monetary policy; Keynes versus Robertson on monetary policy; 8 Recovery in the long run?; Long-run recovery in theory and in practice; Wealth effects; Part four; 9 Conventions; Overview; The wealth holders; The investors; The speculators; Some remarks on cognitive dissonance; The producers; The consumer; The labourer; Conventional zones; Perspectives on conventional conduct; A Hume connection?; Fundamentalism in perspective; Fundamentalism and rational expectations; A concluding remark; References; Author index Subject index |
| Record Nr. | UNINA-9910451213203321 |
Littleboy Bruce <1956->
|
||
| London, : Routledge, 1990 | ||
| Materiale a stampa | ||
| Lo trovi qui: Univ. Federico II | ||
| ||
On interpreting Keynes : a study in reconciliation / / Bruce Littleboy
| On interpreting Keynes : a study in reconciliation / / Bruce Littleboy |
| Autore | Littleboy Bruce <1956-> |
| Pubbl/distr/stampa | London, : Routledge, 1990 |
| Descrizione fisica | 1 online resource (353 pages) |
| Disciplina | 330.15/6 |
| Soggetto topico | Keynesian economics |
| ISBN |
1-299-28473-6
1-134-94952-9 1-282-37311-0 9786612373114 0-203-01154-6 |
| Formato | Materiale a stampa |
| Livello bibliografico | Monografia |
| Lingua di pubblicazione | eng |
| Nota di contenuto |
Front Cover; On Interpreting Keynes; Copyright Page; Contents; Preface; Acknowledgements; Part one; 1 Introduction; The inherited literature; Why historians of thought disagree: psychological and methodological factors; Vision and the process of interpretation; Fundamentalism and reductionism: similarities and differences; The role of uncertainty and the significance of conventions; Part two; 2 Leijonhufvud on unemployment and effective demand; Leijonhufvud's interpretation: a preliminary overview; The response to Leijonhufvud's challenge; Leijonhufvud on unemployment
Leijonhufvud's evidence from Keynes Some objections to Leijonhufvud's portrayal of expectations; The behaviour of producers; The real wage and the marginal product of labour; Instantaneous versus sticky wage adjustment; 3 Involuntary unemployment in the history of economic thought; Keynes and Mill; The role of money; Keynes and Pigou; Money illusion; Money illusion in Keynes; Money illusion in classical economics; Money illusion and the post-Keynesians; Some modern views on involuntary unemployment; 4 Effective demand: a theoretical and historical perspective; Grossman's critique Monetary versus barter economies Some theoretical developments; Liquidity constraints: Clower and Leijonhufvud versus Davidson et al.; Concluding remarks; Part three; 5IS-LM and the interest-rate dynamics; Introduction; Some examples; The 'Finance-your-losses' approach; The role of IS-LM; 6On bootstraps and traps; Introduction; Conventions and interest rates; Theoretical foundations of the trap; The liquidity trap in Keynes; Some concluding remarks on the trap; 7 Expenditure and the interest rate; An overview; The aggregation question: evaluating Leijonhufvud Investment and the rate of interest The stability of the MEI curve; Keynes on monetary policy; Keynes versus Robertson on monetary policy; 8 Recovery in the long run?; Long-run recovery in theory and in practice; Wealth effects; Part four; 9 Conventions; Overview; The wealth holders; The investors; The speculators; Some remarks on cognitive dissonance; The producers; The consumer; The labourer; Conventional zones; Perspectives on conventional conduct; A Hume connection?; Fundamentalism in perspective; Fundamentalism and rational expectations; A concluding remark; References; Author index; Subject index |
| Record Nr. | UNINA-9910783984103321 |
|
Littleboy Bruce <1956->
|
||
| London, : Routledge, 1990 | ||
| Materiale a stampa | ||
| Lo trovi qui: Univ. Federico II | ||
| ||