At a time of renewed interest in Keynes, this volume provides an
illuminating and forward-looking collection of papers. They explain
the meaning of Keynes s great contribution and also show how that
contribution can be developed further for application to modern
economic policy issues. Most important, the papers explain the ways
in which Keynes's methodological approach is so different from that
which continues to dominate mainstream economics and how productive
it would be if that approach were applied to our modern
experience.' - Sheila Dow, University of Stirling, UK'This book
celebrates the 75th anniversary of Keynes's General Theory, which
has proved yet again to be an endless source of inspiration. These
authors take The General Theory as a point of departure from which
to address the problems of today from fresh perspectives. This
volume is indeed Keynes for today - and tomorrow.' - Victoria
Chick, University College London, UK 'Keynes's General Theory for
Today is a fine set of thoughtful and highly relevant essays. They
relate several ideas of Keynes to today's happenings, putting
forward modifications and extensions to take into account both
short-term and long-term happenings in advanced capitalist
economies. Especially useful are the investigations of Keynes's
revolutionary methods of reasoning in economics, long abandoned by
orthodox economists, to the great detriment of our understanding of
what is happening and what may be done about it. These essays
should be required reading for students, teachers and policy makers
alike.' - G.C. Harcourt, University of New South Wales, Australia
The themes of this important new volume were chosen to mark the
75th anniversary of the publication of The General Theory of
Employment, Interest and Money. The distinguished authors
concentrate on the relevance of this seminal publication for
macroeconomic theory, method and the politics of today. This is
particularly pertinent as similarities with the 1930s are striking
in terms of unemployment, low growth, financial fragility and the
European monetary union resembling the gold standard. Illustrating
new ways of understanding the importance of uncertainty in
macroeconomics, particularly in view of the importance of finance
and balance of payments imbalances within a monetary union, this
book will prove a stimulating and challenging read for academics,
researchers and students of macroeconomics, heterodox economics,
and the methodology and history of economic thought. Contributors
include: A. Carabelli, E. De Antoni, J. Galbraith, M. Hayes, J.
Jespersen, M. Laine, N. Levy-Orlik, M.O. Madsen, T.D. Togati, A.
Truger, J. Uxo, S. Voss
General
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