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Reinterpreting Mr. Keynes : The IS-LM Enigma Revisited / by Warren Young, Edward W. Fuller
(Springer Studies in the History of Economic Thought. ISSN:26626101)

Publisher (Cham : Springer International Publishing : Imprint: Springer)
Year 2022
Edition 1st ed. 2022.
Authors *Young, Warren author
Fuller, Edward W author
SpringerLink (Online service)

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OB00176858 Springer Economics and Finance eBooks (電子ブック) 9783030913427

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Material Type E-Book
Media type 機械可読データファイル
Size X, 161 p. 20 illus., 4 illus. in color : online resource
Notes Introduction, Keynes’s Own IS-LM Approach -- Prologue to Keynes’s IS-LM, 1930 to 1932 -- The Advent of Keynes’s IS-LM, 1933 -- “The Missing Link”: Keynes’s Own Lecture Notes, December 4, 1933, Impact and Implications -- Reconstructing Keynes’s IS-LM Approach, 1931 to 1937 -- Keynes’s Equations and Early Post-General Theory IS-LM Models -- The Legacy of December 1933: Re-Interpreting Mr Keynes
This book examines the origins of the IS-LM model, one of the most significant innovations in the history of economic thought. It shows that the complete IS-LM model, including the equations and diagram, was produced by a group of economists who contributed their respective mathematical models of Keynes’s General Theory, including Champernowne, Reddaway, Harrod, and Meade, not to mention Hicks. Furthermore, the book discusses the implications of newly discovered archival material, including a previously overlooked document showing that John Maynard Keynes himself was the first to present the IS-LM model equations in a lecture he gave on December 4, 1933. It focuses on the implications of this material in terms of understanding the evolution of Keynes’s approach from 1933 to 1937, later interpreters of his General Theory, and the ongoing debate between Keynesians and Post-Keynesians on the nature of his system. Given the revelations it presents, this book will transform the profession’s understanding of the origins of the IS-LM model and modern macroeconomics
HTTP:URL=https://doi.org/10.1007/978-3-030-91342-7
Subjects LCSH:Economics—History
LCSH:Macroeconomics
LCSH:Economic history
FREE:History of Economic Thought and Methodology
FREE:Macroeconomics and Monetary Economics
FREE:Economic History
Classification LCC:HB75-130
DC23:330.1509
ID 8000078967
ISBN 9783030913427

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