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Keynes and the Cambridge Keynesians

Keynes and the Cambridge Keynesians
A 'Revolution in Economics' to be Accomplished


Part of Federico Caffè Lectures

  • Date Published: January 2009
  • availability: Available
  • format: Paperback
  • isbn: 9780521107723

£ 31.99

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About the Authors
  • What was the Keynesian revolution in economics? Why did it not succeed to the extent that Keynes and his close pupils had hoped for? Keynes and the Cambridge Keynesians addresses these and other questions by tracing the historical development of Keynesian economics. The book is split into three parts. Part I contains the author's Caffè Lectures on Keynes's 'unaccomplished revolution'. Part II is a series of biographical essays where the author, himself a witness and participant of the group on which he writes, presents the successful and unsuccessful endeavours of Keynes's most important pupils: Richard Kahn, Joan Robinson, Nicholas Kaldor, Pierro Sraffa and Richard Goodwin. Part III of the book looks to the future by developing a conceptual analytical framework that makes sense of Keynes's 'revolution in economics', discussing the many ways in which the Keynesian way of doing economics is incompatible with the neoclassical tradition.

    • Presents a first-hand perspective on the development of Keynesian economics
    • Contains biographical essays on some of the most important economists of the twentieth century
    • Challenges mainstream economic thought
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    Product details

    • Date Published: January 2009
    • format: Paperback
    • isbn: 9780521107723
    • length: 412 pages
    • dimensions: 216 x 140 x 23 mm
    • weight: 0.52kg
    • contains: 6 b/w illus.
    • availability: Available
  • Table of Contents

    Part I. Keynes's Unaccomplished Revolution (The Federico Caffé Lectures, 1995) :
    1. A decision to break with Orthodoxy
    2. The 'revolution' after Keynes
    References for Part I
    Part II. The Cambridge School of Keynesian Economics:
    3. Richard Ferdinand Kahn, 1905–1989 co-author of the General Theory?
    4. Joan Violet Robinson, 1903–1983 the woman who missed the Nobel Prize in economics
    5. Nicholas Kaldor, 1908–1986 growth, income distribution, technical progress
    6. Pierro Sraffa, 1898–1983 the critical mind
    7. Richard Murphey Goodwin, 1913–1996 The missed Keynes-Schumpeter connection
    8. References for Part II
    Part III. Towards a Production Paradigm for an Expanding Economy:
    9. Beyond neoclassical economics
    10. The stage of 'pure economic theory'
    11. The stage of institutional investigation
    12. Back to the future of the 'Keynesian revolution'
    References for Part III

  • Author

    Luigi L. Pasinetti, Università Cattolica del Sacro Cuore, Milano
    Luigi L. Pasinetti is Professor Emeritus at the Università Cattolica del Sacro Cuore, Milan, Italy. He was a student of Pierro Sraffa and a leading member of the second generation of Cambridge Keynesians.

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