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The COMING OF KEYNESIANISM TO AMERICA - Conversations with the Founders of Keynesian Economics (Paperback, New edition)
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The COMING OF KEYNESIANISM TO AMERICA - Conversations with the Founders of Keynesian Economics (Paperback, New edition)
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The Keynesian revolution in the United States was a remarkable
event in intellectual and economic history entailing a major shift
in economists' thinking and the creation of a new field in
economics - macroeconomics. From the first roots in the 1930s to
Keynesianism's predominance in the early 1950s, The Coming of
Keynesianism to America explains what the revolution was, as well
as why and how it occurred.This book is based around a set of
interviews with, what might be called, the Keynesian
revolutionaries - the individuals most responsible for introducing
Keynesian economics to the United States. It includes formal
interviews with Richard Musgrave, Abba Lerner, Paul Samuelson,
Tibor Scitovsky, Evsey Domar, Robert Bryce, Lorie Tarshis, John
Kenneth Galbraith, Paul Sweezy, Walter Salant and Leon Keyserling.
These interviews give the reader a sense of what the Keynesian
revolution was and how it spread, as well as the hostility these
earlier revolutionaries faced, and the similarities and differences
in their views. The interviews are introduced by an essay which
presents the Keynesian revolution in three parts as theoretical,
political and pedagogical, concerned with the development of tools
and models to teach macroeconomics. This essay sets the stage for
the interviews and relates them to modern macroeconomic debates.
The Keynesianization of America is interesting not just to
historians of economic thought but also to other economists who
want to know about the development of their discipline and to
interested lay people and historians who follow the spread of
ideas.
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