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9780521362481: Keynes's General Theory and Accumulation

Synopsis

This book makes Keynes's writings in his General Theory accessible to students by presenting this theory in a careful, consistent manner that is faithful to the original. Keynes's theory continues to be important, because the issues it raised, such as the problems of involuntary unemployment, the volatility of investment, and the complexity of monetary arrangements in modern capitalist economies, are still with us. Keynes's method of analysis, which tries to allow for the complications of dealing with historical time, deserves the careful attention given in this book. Keynes's formal analysis dealt only with a short period of time during which changes in productive capacity as a result of net investment were small relative to initial productive capacity. Roy Harrod and Joan Robinson were the two most prominent followers of Keynes who attempted to extend his analysis to the long period by allowing for the effects of investment on productive capacity as well as on effective demand. The careful examination of their writings on this topic is a natural complement to the presentation of Keynes's General Theory and makes clear the severe limitations on any use of equilibrium concepts in dealing with accumulation in models which try to observe Keynes's warnings about an unknowable future in the type of world we inhabit.

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Présentation de l'éditeur

This book makes Keynes's writings in his General Theory accessible to students by presenting this theory in a careful, consistent manner that is faithful to the original. Keynes's theory continues to be important, because the issues it raised, such as the problems of involuntary unemployment, the volatility of investment, and the complexity of monetary arrangements in modern capitalist economies, are still with us. Keynes's method of analysis, which tries to allow for the complications of dealing with historical time, deserves the careful attention given in this book. Keynes's formal analysis dealt only with a short period of time during which changes in productive capacity as a result of net investment were small relative to initial productive capacity. Roy Harrod and Joan Robinson were the two most prominent followers of Keynes who attempted to extend his analysis to the long period by allowing for the effects of investment on productive capacity as well as on effective demand. The careful examination of their writings on this topic is a natural complement to the presentation of Keynes's General Theory and makes clear the severe limitations on any use of equilibrium concepts in dealing with accumulation in models which try to observe Keynes's warnings about an unknowable future in the type of world we inhabit.

Revue de presse

"Tom Asimakopulos was a great Kaleckian scholar. His knowledge of the nuances and innuendos of Kalecki's approach to macroeconomics had no equal." Paul Davidson, Journal of Economic Issues

"This monograph, part of the Modern Cambridge Economics series, reviews important areas of Keynes's General Theory and the theories of accumulation of two of his most distinguished followers, Roy Harrod and Joan Robinson." Journal of Macroeconomics

"This book is the legacy of a dedicated and tough-minded scholar who did his heroes the compliment of taking their work seriously, rather than just praising it." Robert W. Dimand, History of Political Economy

Les informations fournies dans la section « A propos du livre » peuvent faire référence à une autre édition de ce titre.

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9780521368155: Keynes Gen Theory and Accumulation

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ISBN 10 :  0521368154 ISBN 13 :  9780521368155
Editeur : Cambridge University Press, 2008
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Asimakopulos, A.
Edité par Cambridge University Press, 1991
ISBN 10 : 0521362482 ISBN 13 : 9780521362481
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Etat : Good. This is an ex-library book and may have the usual library/used-book markings inside.This book has hardback covers. In good all round condition. No dust jacket. Please note the Image in this listing is a stock photo and may not match the covers of the actual item,500grams, ISBN:0521362482. N° de réf. du vendeur 3953712

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Asimakopulos, A.
Edité par Cambridge University Press, 1991
ISBN 10 : 0521362482 ISBN 13 : 9780521362481
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A. Asimakopulos
Edité par Cambridge University Press, 1991
ISBN 10 : 0521362482 ISBN 13 : 9780521362481
Ancien ou d'occasion Couverture rigide

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No jacket. Etat : Très bon. Ancien livre de bibliothèque avec équipements. Sans jaquette. Couverture différente. Edition 1991. Ammareal reverse jusqu'à 15% du prix net de cet article à des organisations caritatives. ENGLISH DESCRIPTION Book Condition: Used, Very good. Former library book. No dust jacket. Different cover. Edition 1991. Ammareal gives back up to 15% of this item's net price to charity organizations. N° de réf. du vendeur G-530-284

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