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- Author: David Laidler
- Publisher: Cambridge University Press
- ISBN-10: 052164173X
- ISBN-13: 9780521641739
- Format: 15.2 x 22.9 x 2.5 cm, hardcover
- Language: English
- SAVE -10% with code: EXTRA
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Description
It is a commonly held belief that, in 1936, Keynes' General Theory ushered in a new era in economic thought, with faith in the free market being replaced by reliance on systematic government intervention as a means of keeping the economy on an even keel. This book surveys the writings of a large number of economists in the interwar years and argues that the "Keynesian Revolution" is a myth, and that the "new economics" was a careful and selective synthesis of an "old economics" that had been developing for twenty years or more.
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- Author: David Laidler
- Publisher: Cambridge University Press
- ISBN-10: 052164173X
- ISBN-13: 9780521641739
- Format: 15.2 x 22.9 x 2.5 cm, hardcover
- Language: English English
It is a commonly held belief that, in 1936, Keynes' General Theory ushered in a new era in economic thought, with faith in the free market being replaced by reliance on systematic government intervention as a means of keeping the economy on an even keel. This book surveys the writings of a large number of economists in the interwar years and argues that the "Keynesian Revolution" is a myth, and that the "new economics" was a careful and selective synthesis of an "old economics" that had been developing for twenty years or more.
Reviews