Maynard's revenge : the collapse of free market macroeconomics / Lance Taylor.

Format:

Book

Author/Creator:

Taylor, Lance, 1940-

Language:

English

Subjects (All):

Keynesian economics.

Macroeconomics.

Financial crises.

Global Financial Crisis, 2008-2009.

Physical Description:

1 online resource (398 p.)

Edition:

1st ed.

Place of Publication:

Cambridge, Mass. : Harvard University Press, 2010.

Language Note:

English

Summary:

This book’s title gives it to you straight: it’s about how the collapse of 2008 brought Keynes back with a bullet. Taylor’s principal aims are, first, to show how ineffective and inappropriate are the dominant approaches to macroeconomics of the past 30‐40 years (which have been succinctly summed up as “pre-Keynesian theory after Keynes” ); and, secondly, to show how Keynes and post-Keynesian writers, whose ideas in recent years have been greatly downplayed and even ridiculed by the bulk of the profession, contain the proper bases on which to erect both understanding and effective policy proposals.

Contents:

Macroeconomics

Macroeconomic thought during the long nineteenth century

Gold standard, reparations, mania, crash, and depression

Maynard ascendant

Keynesian growth, cycles, and crisis

The counter-revolution

Finance

The international dimension

Keynesianism and the crisis.

Notes:

Bibliographic Level Mode of Issuance: Monograph

Includes bibliographical references and index.

ISBN:

9780674267718

0674267710

9780674059535

0674059530

OCLC:

733328417