1990 On Interpreting Keynes A Study in Reconciliation by Bruce Littleboy 1st Ed

Taylor & Francis

Argues that a close reading of key texts in the two major schools of criticism of Keynes reveal that they disagree through misunderstandings, and differences of emphasis, rather than through fundamental differences of opinion. > There is discontent with how the textbooks have come to reinterpret Keynes but there is little communication between the most prominent schools of criticism. This book argues that this lack of dialogue is mistaken and damaging. A synthesis is possible as many of the arguments between them can be traced to simple misunderstadings and differences of emphasis. > Part 1 Introduction; Part 2; Part 3 Leijonhufvud on unemployment and effective demand; Part 4 Involuntary unemployment in the history of economic thought; Part 5 Effective demand: a theoretical and historical perspective; Part 6; Part 7 IS-LM and the interest-rate dynamics; Part 8 On bootstraps and traps; Part 9 Expenditure and the interest rate; Part 10 Recovery in the long run?; Part 11; Part 12 ;