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- DescriptionExamining the emergence, in the inter-war years, of what came to be called 'Keynesian macroecomics'. This study accepts the velty of the latter, as represented by the IS-LM model, which in various forms came to dominate the sub-discipline for three decades. It argues, however, that this model did t represent a radical change in ecomic thinking but rather an extremely selective synthesis of those which had permeated the preceding literature, including Keynes's own contributions to it, t least the General Theory. Hence the book questions the appropriateness of thinking of this development as the outcome of a 'Keynesian Revolution' in ecomic thought, partly because the most radical aspects of Keynes's own intended contribution were excluded from it, but mainly because IS-LM is better viewed as the end result of twenty years or more of intellectual development to which many others besides Keynes contributed.
- Author(s)David Laidler
- PublisherCambridge University Press
- Date of Publication28/03/1999
- SubjectEconomics: Professional & General
- Series TitleHistorical Perspectives on Modern Economics
- Place of PublicationCambridge
- Country of PublicationUnited Kingdom
- ImprintCambridge University Press
- Content Note1 b/w illus.
- Weight590 g
- Width152 mm
- Height228 mm
- Spine23 mm
- Series Edited byCraufurd D. Goodwin
- Format DetailsTrade paperback (US)
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