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 …
A new approach for introducing unemployment into the New Keynesian framework. The past fifteen years have witnessed the rise of the New Keynesian model as a framework of reference for the analysis of fluctuations and stabilization policies. That framework, which combines the rigor and internal consistency of dynamic general equilibrium models with such typically Keynesian assumptions as mono…
Leading economists revisit a provocative essay by John Maynard Keynes, debating Keynes's vision of growth, inequality, work leisure, entrepreneurship, consumerism, and the search for happiness in the twenty-first century.OCLC-licensed vendor bibliographic record.
Elucidates the current debates on these and other questions in a fast-paced and incisive tour of the dominant ideas in political economy, summarizing historical and theoretical perspectives on the causes of economic growth in the United States, Western Europe, Japan and elsewhere as the twentieth-century draws to a close.Translated by Jacqueline Lindenfeld Are robust economic growth and tight s…