Keynes, the Keynesians and monetarism / Tim Congdon.

Format:

Book

Author/Creator:

Congdon, Tim.

Contributor:

Edward Elgar Publishing, publisher.

Language:

English

Subjects (All):

Monetary policy--Great Britain.

Monetary policy.

Physical Description:

1 online resource (356 p.)

Place of Publication:

Cheltenham, UK : Edward Elgar Publishing Limited, 2007.

Language Note:

English

Summary:

Challenges several 'conventional wisdoms' about UK macroeconomic policy, arguing that the Keynesians' advocacy of incomes policy and fiscal activism in the post-war decades did not have a strong basis in Keynes' own writings. This book denies that the UK had a 'Keynesian revolution', in the sense of a deliberately pursued fiscal activism.

Contents:

Copyright

Contents

Figures

Tables and boxes

Preface

Acknowledgements

Introduction: what were (and are) the debates all about?

PART ONE Keynes and the Keynesians

1. Were the Keynesians loyal followers of Keynes?

2. What was Keynes's best book?

3. Keynes, the Keynesians and the exchange rate

PART TWO The So-called 'Keynesian Revolution'

4. Did Britain have a 'Keynesian revolution'?

5. Is anything left of the 'Keynesian revolution'?

PART THREE Defining British Monetarism

6. The political economy of monetarism

7. British and American monetarism compared

PART FOUR The Debate on the 1981 Budget8. Do budget deficits 'crowd out' private investment?

9. Did the 1981 Budget refute naïve Keynesianism?

10. An exchange 25 years later between Professor Stephen Nickell and Tim Congdon

PART FIVE Did Monetarism Succeed?

11. Assessing the Conservatives' record

12. Criticizing the critics of monetarism

13. Has macroeconomic stability since 1992 been due to Keynesianism, monetarism or what?

PART SIX How the Economy Works

14. Money, asset prices and economic activity

15. Some aspects of the transmission mechanism

Index.

Notes:

Description based upon print version of record.

Includes bibliographical references and index.

Creative Commons Attribution - NonCommercial - NoDerivatives 4.0 International CC BY-NC-ND 4.0 cc https://creativecommons.org/licenses/by-nc-nd/4.0/

Description based on print record.

Other Format:

Print version: Congdon, Tim. Keynes, the Keynesians and monetarism.

ISBN:

9786613220462

9781283220460

1283220466

9781847206923

1847206921

OCLC:

437183019

Publisher Number:

https://doi.org/10.4337/9781847206923