Fabricating the Keynesian Revolution Laidler Hardback Cambridge University Press

Fabricating the Keynesian RevolutionStudies of the Inter-war Literature on Money, the Cycle, and Unemployment\nAuthor(s): David Laidler\nFormat: Hardback\nPublisher: Cambridge University Press, United Kingdom\nImprint: Cambridge University Press\nISBN-13: 9780521641739, 978-0521641739\nSynopsis\nExamining the emergence, in the inter-war years, of what came to be called 'Keynesian macroeconomics'. This study accepts the novelty of the latter, as represented by the IS-LM model, which in various forms came to dominate the sub-discipline for three decades. It argues, however, that this model did not represent a radical change in economic thinking but rather an extremely selective synthesis of those which had permeated the preceding literature, including Keynes's own contributions to it, not least the General Theory. Hence the book questions the appropriateness of thinking of this development as the outcome of a 'Keynesian Revolution' in economic thought, partly because the most radical a.