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- DescriptionAs the global ecomic crisis continues to cause damage, some policy makers have called for a more Keynesian approach to current ecomic problems. In this book, the ecomists Peter Temin and David Vines provide an accessible introduction to Keynesian ideas that connects Keynes's insights to today's global ecomy and offers readers a way to understand current policy debates. They survey ecomic thinking before Keynes and explain how difficult it was for Keynes to escape from conventional wisdom. They also set out the Keynesian analysis of a closed ecomy and expand the analysis to the international ecomy, using a few simple graphs to present Keynes's formal analyses in an accessible way. Finally, they discuss problems of today's world ecomy, showcasing the usefulness of a simple Keynesian approach to current ecomic policy choices. Keynesian ideas, they argue, can lay the basis for a return to ecomic growth.
- Author BiographyPeter Temin is Elisha Gray II Professor Emeritus of Economics at MIT and the author of Lessons from the Great Depression (MIT Press) and other books. David Vines is Professor of Economics and Fellow of Balliol College at the University of Oxford, and joint editor of a number of books on global economic governance. Temin and Vines are coauthors of The Leaderless Economy: Why the World Economic System Fell Apart and How to Fix It.
- Author(s)David Vines,Peter Temin
- PublisherMIT Press Ltd
- Date of Publication11/04/2016
- SubjectEconomics: Professional & General
- Place of PublicationCambridge, Mass.
- Country of PublicationUnited States
- ImprintMIT Press
- Content Note15 figures
- Weight218 g
- Width152 mm
- Height229 mm
- Spine7 mm
- Format DetailsTrade paperback (US)
- Interest AgeFrom 18
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