Since its first appearance fifty years ago in Hicks' "Mr Keynes and the Classics", the IS-LM diagram and the approach to Keynes' General Theory it represents has been a central focus of controversy in economics. Called by its opponents "bastard Keynesianism", at the same time IS-LM became the main teaching tool of modern macroeconomics, with its proponents viewing it as the essence of Keynesian economics. But what are the origins of the IS-LM approach and when did it first appear? Why was it taken up so quickly by most ...
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Since its first appearance fifty years ago in Hicks' "Mr Keynes and the Classics", the IS-LM diagram and the approach to Keynes' General Theory it represents has been a central focus of controversy in economics. Called by its opponents "bastard Keynesianism", at the same time IS-LM became the main teaching tool of modern macroeconomics, with its proponents viewing it as the essence of Keynesian economics. But what are the origins of the IS-LM approach and when did it first appear? Why was it taken up so quickly by most economists? How did the IS-LM approach and the diagram evolve? Why was Keynes' reaction to it so ambivalent? In answering these questions this book traces the development of IS-LM from its origins to the recent debate surrounding its usefulness for economic analysis. Drawing on letters and unpublished material, Young examines the crucial role of personalities such as Harrod, Meade, Champernowne, Reddaway, Lange, Kaldor, Lerner and Hansen in the evolution of IS-LM and he brings to light many new and previously unknown facets of the development of IS-LM approach. This book is directed not only to professional economists and students, but to anyone interested in the nature and development of economic thought in the twentieth century.
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Add this copy of Interpreting Mr. Keynes to cart. $71.90, good condition, Sold by GuthrieBooks rated 5.0 out of 5 stars, ships from Spring Branch, TX, UNITED STATES, published 1987 by Polity Press Cambridge.
Add this copy of Interpreting Mr Keynes: the is-Lm Enigma to cart. $88.28, good condition, Sold by Anybook rated 4.0 out of 5 stars, ships from Lincoln, UNITED KINGDOM, published 1987 by Polity Press.
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Seller's Description:
This is an ex-library book and may have the usual library/used-book markings inside. This book has hardback covers. In good all round condition. No dust jacket. Please note the Image in this listing is a stock photo and may not match the covers of the actual item, 500grams, ISBN: 0745604056.
Add this copy of Interpreting Mr Keynes to cart. $90.22, good condition, Sold by Anybook rated 4.0 out of 5 stars, ships from Lincoln, UNITED KINGDOM, published 1987 by Polity Press.
Choose your shipping method in Checkout. Costs may vary based on destination.
Seller's Description:
This is an ex-library book and may have the usual library/used-book markings inside. This book has hardback covers. In good all round condition. Dust jacket in good condition. Please note the Image in this listing is a stock photo and may not match the covers of the actual item, 500grams, ISBN: 0745604056.
Add this copy of Interpreting Mr. Keynes to cart. $147.41, good condition, Sold by Bonita rated 4.0 out of 5 stars, ships from Newport Coast, CA, UNITED STATES, published 1987 by Polity Press Cambridge.
