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Cargando... Struggle Over the Keynesian Heritage (Library Edition)por Louis Rukeyser
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Inscríbete en LibraryThing para averiguar si este libro te gustará. Actualmente no hay Conversaciones sobre este libro. Louis Rukeyser's voice has that hint of smirky erudition that any 1990's era Wall Street Week viewer became accustomed to as he leads the listener confidently through the economic thickets of the '20s, '30s and '40s that Keynes and his fellow economists lived and worked through. Neo-Classical economists came into their own with the increasingly mathematical models of the equilibrium theory developed by Leon Walras [http://en.wikipedia.org/wiki/Walras], and simplified by his pupil Vilfredo Pareto [http://en.wikipedia.org/wiki/Vilfredo_Pareto]. John Maynark Keynes, a British economist, challenged the neo-Classical establishment due to his experience with England's decade-long 10% unemployement by stressing a less mathematical but practical approach to governmental assistance to the economy. Subsequently, the Neo-Classical Synthesis Keynesians melded the two sets of theories for American economic use, while the Post-Keynesians brought back the original ideas of Keynes which had not yet fully made it across the Atlantic. The Neo-Classical equilibrists believed that the market economy would, in the long run, bring the ecomony back to full employment. Keynes said that "in the long run, we are all dead". ( ) sin reseñas | añadir una reseña
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After John Maynard Keynes revolutionized economic thought in 1936, there began a keen struggle in the economics profession to digest and refine Keynes' new system. The heart of this debate over Keynes' radical ideas has been whether they could or should be reconciled with the older, neoclassical economic theory. The two main branches of thinkers in the Keynesian tradition are the Post Keynesians and the Neoclassical Synthesists. Post Keynesians believe that Keynesian ideas have overthrown the neoclassical belief in efficient, free markets. Neoclassical Synthesists accept Keynesian arguments for short-term economic consequences, but they believe that free markets achieve the best long-term results. Two famous economists discussed in this audiotape presentation are Joan Robinson and Paul Samuelson. Central to this debate are questions about how long the market can or should take to correct undesirable circumstances; whether the free market is a collection of individuals, or a competitive arena for powerful economic groups that overwhelm individuals; and what is (or should be) the influence of money on production and exchange. No se han encontrado descripciones de biblioteca. |
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