Macroeconomics after Keynes: A Reconsideration of the General Theory (MIT Press)

This Reassessment Of J. M. Keynes's The General Theory Of Employment, Interest, And Money Results From The Author's Experience In Using Keynes's Book As The Core Of Her Macroeconomics Courses For Undergraduates. It Is Intended To Encourage Others To Bring The General Theory Back Into Mainstream Teaching Because It 'gives A Far Richer Understanding Of The Structure Of Macroeconomic Interactions And Methods Of Analysing Them Than Much Of What Has Been Written Since...'--p. [4] Of Cover. Preliminaries And Fundamentals. Keynes And Macroeconomics ; The Method Of The General Theory ; The Aggregative Framework -- A Static Model Of A Dynamic Process. The Theory Of Output And Employment ; The Microfoundations Of Aggregate Supply ; Aggregate Demand ; The Labour Market : Keynes Versus The Classics ; The Demand For Labour Further Considered -- Finance. Saving, Investment, Interest And Finance ; Incentives To Liquidity ; The Determination Of The Rate Of Interest ; The Banking System ; The Static Model : Recapitulation -- The System In Motion. The Multiplier ; Prices And Output ; Cyclical Fluctuations ; Money -- Policy Matters. Policy Implications : Monetary And Fiscal Policy ; Policy In A Longer-term Perspective ; The Relevance Of The General Theory Today. Victoria Chick. Includes Index. Originally Published: London : P. Allan, 1983. Bibliography: P. 362-369. "This reassessment of J.M. Keynes's The General Theory of Employment, Interest, and Money results from the author's experience in using Keynes's book as the core of her macroeconomics courses for undergraduates. It is intended to encourage others to bring the General Theory back into mainstream teaching because it 'gives a far richer understanding of the structure of macroeconomic interactions and methods of analysing them than much of what has been written since ... '"--Page 4 of cover