It is a commonly held belief that, in 1936, Keynes's General Theory ushered in a new era in economic thought, with faith in the free market being replaced by reliance on systematic government intervention as a means of keeping the economy on an even keel. This book surveys the writings of a large number of economists in the inter-war years and argues that the qKeynesian Revolutionq is a myth, and that the qnew economicsq was a careful and selective synthesis of an qold economicsq which had been developing for twenty years or more.Reprinted 1982 in J. R. Hicks, Money, Interest and Wages: Collected Essays on Economic Theory, vol. II, pp. 84-93. Cambridge ... In: Committee on Finance and Industry, Minutes of Evidence Taken before the Committee on Finance and Industry, vol. II. London: HMSO. ... Reprinted 1993 in T. M. Humphrey, Money, Banking and Inflation: Essays in the History of Monetary Thought. Aldershot; Hampshire:anbsp;...
Title | : | Fabricating the Keynesian Revolution |
Author | : | David Laidler |
Publisher | : | Cambridge University Press - 1999-03-28 |
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