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Keynes and The General Theory Revisited (Hardcover)
Loot Price: R4,174
Discovery Miles 41 740
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Keynes and The General Theory Revisited (Hardcover)
Series: Routledge Advances in Heterodox Economics
Expected to ship within 12 - 17 working days
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Total price: R4,194
Discovery Miles: 41 940
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Every time the economy goes through a period of crisis, Keynes'
name is called upon by economists and politicians from diverse
backgrounds. However, 70 years after the publication of The General
Theory of Employment, Interest and Money, specialists are still
far-maybe everyday further-from reaching agreement about the
genuine contents of Keynes' most important work. This controversy
has been marked by a paradoxical turn: it is above all the
literature about Keynes which, in the last decades, has imposed the
terms of the debate, while The General Theory lacks readers.
Accused by both its detractors and admirers of being a confusing
book that is inconsistent and even plagued with logical errors, the
most important contribution of the most influential economist of
the 20th century has been condemned to be forgotten or, at best, to
live uncomfortably in the voices of those who have spoken on his
behalf. This book is the result of rigorous critical research which
reconstructs the spectrum of discussion surrounding Keynes' main
work. The book begins by describing the historical background and
the state of the pre-Keynesian economic theory, subsequently
immersing the reader in a concise but detailed-as well as
innovative- interpretation of the original text. The revision of
some of the main interpretative currents prepares the field for the
book's ultimate contribution: the identification of the
fundamentals that sustain the analytical structure of The General
Theory. At the same time, this exploration of the theoretical
fundamentals of The General Theory makes this book an original
intervention on the genesis and relevance of the divide between
micro and macroeconomics-a division that has been fully accepted by
contemporary macro theorists.
General
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