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Cover What’s Wrong with Keynesian Economic Theory?
What’s Wrong with Keynesian Economic Theory?
Edited by Steven Kates
Possibly the strangest phenomenon in all of economics is the absence of a long tradition of criticism focused on Keynesian economic theory. Keynesian demand management has been at the centre of some of the worst economic outcomes in history, from the great stagflation of the 1970s to the lost decade and more in Japan following the expenditure program of the 1990s. And once again, following the Global Financial Crisis, it is incontrovertible that no stimulus program in any part of the world has been a success, each one having been abandoned as conditions deteriorated under the weight of public sector spending. This book brings together some of the most vocal critics of Keynesian economics. Each author attempts to explain what is wrong with Keynesian theory in ways that can be understood by those seeking guidance on where to turn for a more accurate explanation of the business cycle and on what to do when recessions occur.
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Monograph Book
Published:
26 Aug 2016
DOI:
https://doi.org/10.4337/9781785363740
Collection:
Economics 2016
Selected bibliography
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Category:
Monograph Chapter
in What’s Wrong with Keynesian Economic Theory?
Edited by Steven Kates
Published:
26 Aug 2016
Collection:
Economics 2016
Cover The Global Financial Crisis
The Global Financial Crisis
What Have We Learnt?
Edited by Steven Kates
The Global Financial Crisis is a unique investigation into the causes of the most savage economic downturn experienced since the Great Depression. Employing wide and divergent perspectives – which are themselves critically examined – this study analyses the measures that have been taken to restore our economies to acceptable rates of unemployment and growth.
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Monograph Book
Published:
30 Sep 2011
DOI:
https://doi.org/10.4337/9780857934239
Collection:
Economics 2011
Figures and tables
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Category:
Monograph Chapter
in The Global Financial Crisis
Edited by Steven Kates
Published:
30 Sep 2011
Collection:
Economics 2011
Introduction
Steven Kates
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Category:
Monograph Chapter
in The Global Financial Crisis
Steven Kates
Published:
30 Sep 2011
Collection:
Economics 2011
Chapter 5: Policy in the Absence of Theory: The Coming World of Political Economy without Keynes
Steven Kates
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Category:
Monograph Chapter
in The Global Financial Crisis
Steven Kates
Published:
30 Sep 2011
Collection:
Economics 2011
Figures and tables
Full access
Category:
Monograph Chapter
in What’s Wrong with Keynesian Economic Theory?
Edited by Steven Kates
Published:
26 Aug 2016
Collection:
Economics 2016
Chapter 8: The basis for Keyness success: why was Keynes able to succeed?
Steven Kates
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Category:
Monograph Chapter
in Classical Economic Theory and the Modern Economy
Steven Kates
Published:
15 Jun 2020
Collection:
Economics 2020
Chapter 2: The purpose of this book and why only I could write it
Steven Kates
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Category:
Monograph Chapter
in Classical Economic Theory and the Modern Economy
Steven Kates
Published:
15 Jun 2020
Collection:
Economics 2020
Chapter 7: The Crisis in Economic Theory: The Dead End of Keynesian Economics
Steven Kates
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Category:
Monograph Chapter
in Macroeconomic Theory and its Failings
Steven Kates
Published:
26 Feb 2010
Collection:
Economics 2010 and before