The Keynesian Revolution and Its Economic Consequences: Selected Essays by Peter Clarke

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Editorial Reviews

Booknews
Clarke (modern British history, U. of Cambridge, UK) studies Keynes as a publicist, expert, and theorist, the economic doctrines associated with his name, and how Keynesianism as a school of thought departed from the substance of Keyne's own thinking and policy prescriptions. Offering a reassessment and a non-technical explanation of Keynesian policies<-->notably budget deficits<-->he concludes that greater emphasis should be placed on Keyne's ideas about uncertainty and confidence, his thoughts on the complementary roles of public opinion and expertise, his commitment to the politics of persuasion, and his challenge to entrenched vested interests. Annotation c. by Book News, Inc., Portland, Or.
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Product Details

  • ISBN-13: 9781858985909
  • Publisher: Elgar, Edward Publishing, Inc.
  • Publication date: 1/1/1998
  • Pages: 240

Table of Contents

Acknowledgements and original places of publication
Footnote citations
Introduction 1
1 The historical Keynes and the history of Keynesianism 16
2 J. M. Keynes, 1883-1946: 'The best of both worlds' 38
3 The politics of Keynesian economics, 1924-31 54
4 Keynes's General Theory: a problem for historians 75
5 Hobson and Keynes as economic heretics 114
6 Keynes in history 128
7 The Treasury's analytical model of the British economy between the wars 143
8 The twentieth-century revolution in government: the case of the British Treasury 175
9 Keynes, Buchanan and the balanced budget doctrine 190
10 The Keynesian consensus and its enemies: the argument over macroeconomic policy in Britain since the Second World War 213
Index 228
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