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Keynes's General Theory and Accumulation.

Keynes's General Theory and Accumulation.

・ISBN 978-0-521-36815-5 paper GB£ 43.99

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お気に入り
電子版あり 大学・学術機関向け電子ブック(eBook)ISBN 9780511522079
著者・編者Asimakopulos, A.,
シリーズ (Modern Cambridge Economics Series)
出版社 (Cambridge University Press, UK)
出版年月1991
ページ数228 pp.
言語ENG
ニュース番号<A03-20903>

解説

This book makes Keynes's writings in his General Theory accessible to students by presenting this theory in a careful, consistent manner that is faithful to the original. Keynes's theory continues to be important, because the issues it raised, such as the problems of involuntary unemployment, the volatility of investment, and the complexity of monetary arrangements in modern capitalist economies, are still with us. Keynes's method of analysis, which tries to allow for the complications of dealing with historical time, deserves the careful attention given in this book. Keynes's formal analysis dealt only with a short period of time during which changes in productive capacity as a result of net investment were small relative to initial productive capacity. Roy Harrod and Joan Robinson were the two most prominent followers of Keynes who attempted to extend his analysis to the long period by allowing for the effects of investment on productive capacity as well as on effective demand. The careful examination of their writings on this topic is a natural complement to the presentation of Keynes's General Theory and makes clear the severe limitations on any use of equilibrium concepts in dealing with accumulation in models which try to observe Keynes's warnings about an unknowable future in the type of world we inhabit.