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The Keynesian Heritage

Schools of Thought in Economics Series 1

By (author) G.K. Shaw
Format: Hardback
Publisher: Edward Elgar Publishing Ltd, Cheltenham, United Kingdom
Published: 1st Jan 1988
Dimensions: w 244mm h 169mm
Weight: 620g
ISBN-10: 1852781173
ISBN-13: 9781852781170
Barcode No: 9781852781170
These two volumes reflect the spirit of Keynes's General Theory without however repudiating the whole of orthodox neoclassical economics. The aim of this brand of neo-Keynesian economics is to synthesize the Keynesian integration of the real and monetary sectors of the economy with the classical view that tendencies to full-employment equilibrium are thwarted by rigidities within the system.

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