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Keynes and the Classics

By (author) Axel Leijonhufvud





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This publication comprises a reappraisal of the work of John Maynard Keynes. It strengthens the view that the Keynesians went too far in supposing that the old economics had been overthrown by the new, and in a sense it rehabilitates both classical economics in a modern form and also Keynes as a theorist who added an important development to it, although the 'Keynesian Revolution' began and stayed on the wrong track partly because of Keynes's polemical presentation. Issues discussed include the multiplier; unemployment and effective demand; the saving-investment problem; and fiscal policy.

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Normally shipped | Enquiries only
Publisher | Institute of Economic Affairs
Published date | 19 Jul 1969
Language |
Format | Paperback / softback
Pages | 46
Dimensions | 190 x 130 x 0mm (L x W x H)
Weight | 78g
ISBN | 978-0-2552-7601-6
Readership Age |
BISAC | business & economics / economics / theory


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