Capitalist Revolutionary

Capitalist Revolutionary
Author :
Publisher : Harvard University Press
Total Pages : 208
Release :
ISBN-10 : 9780674062849
ISBN-13 : 0674062841
Rating : 4/5 (49 Downloads)

Book Synopsis Capitalist Revolutionary by : Roger E. Backhouse

Download or read book Capitalist Revolutionary written by Roger E. Backhouse and published by Harvard University Press. This book was released on 2011-11-15 with total page 208 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Great Recession of 2008 restored John Maynard Keynes to prominence. After decades when the Keynesian revolution seemed to have been forgotten, the great British theorist was suddenly everywhere. The New York Times asked, “What would Keynes have done?” The Financial Times wrote of “the undeniable shift to Keynes.” Le Monde pronounced the economic collapse Keynes’s “revenge.” Two years later, following bank bailouts and Tea Party fundamentalism, Keynesian principles once again seemed misguided or irrelevant to a public focused on ballooning budget deficits. In this readable account, Backhouse and Bateman elaborate the misinformation and caricature that have led to Keynes’s repeated resurrection and interment since his death in 1946. Keynes’s engagement with social and moral philosophy and his membership in the Bloomsbury Group of artists and writers helped to shape his manner of theorizing. Though trained as a mathematician, he designed models based on how specific kinds of people (such as investors and consumers) actually behave—an approach that runs counter to the idealized agents favored by economists at the end of the century. Keynes wanted to create a revolution in the way the world thought about economic problems, but he was more open-minded about capitalism than is commonly believed. He saw capitalism as essential to a society’s well-being but also morally flawed, and he sought a corrective for its main defect: the failure to stabilize investment. Keynes’s nuanced views, the authors suggest, offer an alternative to the polarized rhetoric often evoked by the word “capitalism” in today’s political debates.


Capitalist Revolutionary Related Books

Capitalist Revolutionary
Language: en
Pages: 208
Authors: Roger E. Backhouse
Categories: Biography & Autobiography
Type: BOOK - Published: 2011-11-15 - Publisher: Harvard University Press

DOWNLOAD EBOOK

The Great Recession of 2008 restored John Maynard Keynes to prominence. After decades when the Keynesian revolution seemed to have been forgotten, the great Bri
The Cambridge Companion to Keynes
Language: en
Pages: 291
Authors: Roger E. Backhouse
Categories: Philosophy
Type: BOOK - Published: 2006-06-29 - Publisher: Cambridge University Press

DOWNLOAD EBOOK

John Maynard Keynes (1883–1946) was the most important economist of the twentieth century. He was also a philosopher who wrote on ethics and the theory of pro
Say's Law and the Keynesian Revolution
Language: en
Pages: 272
Authors: Steven Kates
Categories: Business & Economics
Type: BOOK - Published: 1998 - Publisher: Edward Elgar Publishing

DOWNLOAD EBOOK

This is an examination of the concept of the Law of Markets, controversial since Keynes' General Theory, and also debated even longer, since James Mill propound
Rethinking the Keynesian Revolution
Language: en
Pages: 216
Authors: Tyler Beck Goodspeed
Categories: Business & Economics
Type: BOOK - Published: 2012-06-04 - Publisher: Oxford University Press

DOWNLOAD EBOOK

While standard accounts of the 1930s debates surrounding economic thought pit John Maynard Keynes against Friedrich von Hayek in a clash of ideology, this refle
Finance & Development, September 2014
Language: en
Pages: 60
Authors: International Monetary Fund. External Relations Dept.
Categories: Business & Economics
Type: BOOK - Published: 2014-08-25 - Publisher: International Monetary Fund

DOWNLOAD EBOOK

This chapter discusses various past and future aspects of the global economy. There has been a huge transformation of the global economy in the last several yea