Title
Rethinking The Keynesian Revolution: Keynes, Hayek, And The Wicksell Connection,New
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While Standard Accounts Of The 1930S Debates Surrounding Economic Thought Pit John Maynard Keynes Against Friedrich Von Hayek In A Clash Of Ideology, This Reflexive Dichotomy Is In Many Respects Superficial. It Is The Argument Of This Book That Both Keynes And Hayek Developed Their Respective Theories Of The Business Cycle Within The Tradition Of Swedish Economist Knut Wicksell, And That This Shared Genealogy Manifested Itself In Significant Theoretical Affinities Between The Two Supposed Antagonists. The Salient Features Of Wicksell'S Work, Namely The Importance Of Money, The Role Of Uncertainty, Coordination Failures, And The Element Of Time In Capital Accumulation, All Motivated The Keynesian And Hayekian Theories Of Economic Fluctuations. They Also Contributed To A Fundamental Convergence Between The Two Economists During The 1930S. This Shared, 'Wicksellian' Vision Of Economic Problems Points To A Very Different Research Agenda From That Of The Walrasianstyle, General Equilibrium Analysis That Has Dominated Postwar Macroeconomics.This Book Will Appeal To Economists Interested In Historical Perspective Of Their Discipline, As Well As Historians Of Economic Thought. The Author Not Only Deconstructs Some Of The Historical Misconceptions Of The Keynes Versus Hayek Debate, But Also Suggests How The Insights Uncovered Can Inform And Instruct Modern Theory. While Much Of The Analysis Is Technical, It Does Not Assume Previous Knowledge Of 1930S Economic Theory, And Should Be Accessible To Academics And Graduate Students With General Economics Training.
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- Q: How many pages does the book have? A: The book has two hundred sixteen pages. This length provides a comprehensive exploration of economic theories and historical context.
- Q: What is the binding type of this book? A: The book is hardcover. This durable binding enhances the longevity of the book for repeated use.
- Q: Who is the author of this book? A: The author is Tyler Beck Goodspeed. He provides insightful analysis into the Keynesian and Hayekian economic debates.
- Q: What is the book's genre? A: The book falls under the Theory genre. It delves into economic thought and historical perspectives.
- Q: What are the dimensions of the book? A: The book measures eight point nineteen inches in length, five point fifty-nine inches in height, and zero point seventy-one inches in width. These dimensions make it easy to handle and store.
- Q: Is this book suitable for beginners in economics? A: Yes, the book is accessible to academics and graduate students with general economics training. It does not assume prior knowledge of 1930s economic theories.
- Q: Can this book inform modern economic theory? A: Yes, the book suggests insights from historical debates can inform and instruct modern economic theory. It highlights significant theoretical affinities between Keynes and Hayek.
- Q: What kind of readers will enjoy this book? A: Economists interested in historical perspectives and historians of economic thought will find this book appealing. It addresses common misconceptions in economic debates.
- Q: Is there a specific audience for this book? A: Yes, the book is aimed at academics and graduate students. It provides a detailed analysis suitable for those studying economic theory.
- Q: What should I do to maintain the book's condition? A: To maintain the book's condition, store it upright in a cool, dry place. Avoid exposing it to moisture or direct sunlight.
- Q: What if I receive a damaged copy of the book? A: If you receive a damaged copy, you should contact the seller for a return or exchange. Most sellers provide clear return policies.
- Q: How should I clean the book if it gets dirty? A: To clean the book, gently wipe the cover with a soft, dry cloth. Avoid using water or cleaning solutions that could damage the pages.
- Q: Is this book safe for young readers? A: Yes, the book is safe for young readers but may be more suitable for those with some background in economics. The content is academic in nature.
- Q: Does the book include any illustrations or diagrams? A: No, the book does not include illustrations or diagrams. It focuses on text and analysis of economic theories.
- Q: Can I use this book as a reference for academic papers? A: Yes, this book can be used as a reference for academic papers. Its thorough analysis provides valuable insights into economic thought.