Keynes's General Theory, the Rate of Interest and...

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Keynes's General Theory, the Rate of...

Keynes's General Theory, the Rate of Interest and 'Keynesian' Economics

Name: Keynes's General Theory, the Rate of Interest and 'Keynesian' Economics
ISBN: 9781403996282

Geoff Tily

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This book argues that Keynesian economists have betrayed Keynes's theory and policy conclusions. Keynesian economics has not merely led to an easily dismissed justification for 'Keynesian' policies, but the world has been grossly misled about just what those policies are. Keynesians have focused attention exclusively on policies for dealing with effects of economic failure as they arise, whereas in contrast, Keynes was concerned with the cause and then the prevention of economic failure. While these effects can be addressed with fiscal policy, the cause and prevention was a matter for monetary policy. Keynes's legacy is that of national and international policy measures that permit the necessary control over the financial system.

카테고리:

Business & Economics

년:

2007

판:

First Edition

언어:

english

페이지:

336

ISBN 10:

1403996288