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The Keynesian Revolution and its Economic Consequences - Selected Essays by Peter Clarke (Hardcover)
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The Keynesian Revolution and its Economic Consequences - Selected Essays by Peter Clarke (Hardcover)
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The Keynesian Revolution and its Economic Consequences is a study
of John Maynard Keynes as a publicist, expert and theorist and of
the economic doctrines associated with his name. It examines the
Keynesian revolution in economic theory and policy and shows how
Keynesianism as a school of thought departed from the substance of
Keynes's own thinking and policy prescription. Peter Clarke places
the 'historical' Keynes in the context of his own times and
examines the subsequent institutionalization of Keynes. The author
presents an historical account of Keynes's own thinking and
influences, and offers a reassessment and a non-technical
explanation of Keynesian policies, notably budget deficits. The
author explores Keynes's major works and ideas within a political
context, concluding that greater emphasis should be placed on his
ideas about uncertainty and confidence, his thoughts on the
complementary roles of public opinion and expertise, his commitment
to the politics of persuasion and his challenge to entrenched
vested interests. The Keynesian Revolution and its Economic
Consequences will be of interest to historians and scholars of
economic thought and economic policy as well as economic
historians.
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