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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We provide a 2-year limited warranty, from the date of purchase for all our products.
If you believe you have received a defective product, or are experiencing any problems with your product, please contact us.
This warranty strictly does not cover damages that arose from negligence, misuse, wear and tear, or not in accordance with product instructions (dropping the product, etc.).
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Frequently Asked Questions
- Q: What is the main argument of 'Rethinking the Keynesian Revolution'? A: The book argues that both Keynes and Hayek developed their theories of the business cycle within the tradition of Knut Wicksell, highlighting their theoretical affinities rather than a strict ideological divide.
- Q: Who is the author of this book? A: The author of 'Rethinking the Keynesian Revolution' is Tyler Beck Goodspeed.
- Q: What is the publication date of this book? A: This book was published on July 2, 2012.
- Q: What is the format of the book? A: The book is available in hardcover format.
- Q: How many pages are in 'Rethinking the Keynesian Revolution'? A: The book contains 216 pages.
- Q: What are the key themes explored in the book? A: Key themes include the importance of money, uncertainty, coordination failures, and the impact of time on capital accumulation in economic fluctuations.
- Q: Is prior knowledge of 1930s economic theory required to understand this book? A: No, the analysis is accessible to readers with general economics training and does not assume previous knowledge of 1930s economic theory.
- Q: What audience is this book intended for? A: The book appeals to economists interested in the historical perspective of economic thought and historians of economic theory.
- Q: What condition is the used book in? A: The used book is described as being in good condition.
- Q: What is the edition of this book? A: This book is published in its first edition.