Academic literature on the topic 'Keynesian economics – History'

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Journal articles on the topic "Keynesian economics – History"

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Guizzo, Danielle. "Why does the history of economic thought neglect Post-Keynesian economics?" Review of Keynesian Economics 8, no. 1 (January 22, 2020): 119–37. http://dx.doi.org/10.4337/roke.2020.01.09.

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Despite receiving increased interest after the global financial crisis of 2007–2008 and consolidating itself as an established research program, Post-Keynesian economics remains under-represented within publications on the history of economics. When compared to other traditional heterodox approaches such as Marxist, Institutionalist, and Austrian economics, Post-Keynesian economics falls behind considerably, contradicting the Post-Keynesian appreciation for the history of the discipline. This article explores some reasons behind this detachment by considering two main factors: first, the recent disciplinary and institutional changes experienced by the history of economics in the last ten years; and, second, the recent ‘maturing state’ of Post-Keynesian economics and its unique treatment of the history of economic thought. The article concludes by suggesting a new research agenda for Post-Keynesianism, making use of the ‘applied’ turn proposed by the recent history of economic thought as one of the strategies for Post-Keynesians to engage with the economics discipline.
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Kerr, Prue. "A history of post-Keynesian economics." Cambridge Journal of Economics 29, no. 3 (May 1, 2005): 475–96. http://dx.doi.org/10.1093/cje/bei029.

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Biewener, C. "Post-Keynesian Monetary Economics." History of Political Economy 20, no. 1 (March 1, 1988): 145–47. http://dx.doi.org/10.1215/00182702-20-1-145.

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Bateman, B. W. "An Encyclopedia of Keynesian Economics." History of Political Economy 31, no. 3 (September 1, 1999): 601. http://dx.doi.org/10.1215/00182702-31-3-601.

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Bateman, B. W. "A History of Post Keynesian Economics since 1936." History of Political Economy 36, no. 3 (September 1, 2004): 581–83. http://dx.doi.org/10.1215/00182702-36-3-581.

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Ostapenko, V. M., and E. A. Buglevsky. "Money supply in the history of macroeconomic thought: 50 shades of endogeneity." Journal of the New Economic Association 55, no. 3 (2022): 156–76. http://dx.doi.org/10.31737/2221-2264-2022-55-3-8.

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The paper considers the evolution of the money supply concept in economics through the lens of contemporary discussion on the degree of its endogeneity. It is stated that the model of exogenous money supply formation, widespread in the literature and actively criticized in recent decades, is an artifact of macroeconomic thought. Its dominance lasted a very short time period, and various forms of endogeneity were attributed to money supply much more often in the course of monetary theory development. Authors cover the debates between the currency and banking school in the XIX century, the birth of the theory of money multiplier, Keynes’ position, the monetarist view of money supply and its criticism by Post- Keynesians. Particular attention is paid to the turn in views within the mainstream, from the Real Business Cycles doctrine to state-of-the-art models of the New Synthesis. It is emphasized that the complete exogeneity of money supply is a distinctive feature only of the monetarist approach, which has relied on the specifi c assumption of the stability of money demand function. The paper shows that, despite the visible convergence between the New Keynesian and Post- Keynesian positions, based on the modeling of interest rate targeting rather than money supply targeting by the central bank, fundamental differences still remain between two camps regarding the endogeneity mechanism.
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Ramadan, Usamah, and Warren J. Samuels. "The Treatment of Post Keynesian Economics in the History of Economic Thought Texts." Journal of Post Keynesian Economics 18, no. 4 (July 1996): 547–65. http://dx.doi.org/10.1080/01603477.1996.11490086.

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Dostaler, G. "Post Keynesian Price Theory." History of Political Economy 32, no. 3 (September 1, 2000): 698–99. http://dx.doi.org/10.1215/00182702-32-3-698.

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Dow, S. C. "History of Economic Thought in the Post-Keynesian Tradition." History of Political Economy 34, Suppl 1 (January 1, 2002): 319–36. http://dx.doi.org/10.1215/00182702-34-suppl_1-319.

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Balakrishnan, Radhika, and William Milberg. "Firm innovation and capitalist dialectics: The economics of Nina Shapiro." Economic and Labour Relations Review 30, no. 4 (October 14, 2019): 467–77. http://dx.doi.org/10.1177/1035304619880473.

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This essay is a review of and tribute to the life and contributions of Nina Shapiro, who passed away this year. Shapiro was an American Post-Keynesian economist, who was a bridge figure in radical economics, connecting Marx to Keynes, Schumpeter to Kaldor, the behavior of the firm to the dynamics of the macroeconomy, and the process of innovation to the organization of production and accumulation. She was seminal to important moments in the history of radical economics in the US, including the formation of the Hegel-inspired journal Social Concept in the 1980s and the Rutgers University’s Post-Keynesian circle in the 1980s and 1990s. Shapiro’s deeply philosophical and dialectical approach to firm behavior, innovation, and business cycles led her to theorize the “revolutionary character” of Post-Keynesian economics and to formulate a critique of the competitive neoclassical firm which, she argued, is at odds with the logic of capitalism in which firms seek to make profit and grow. JEL Codes: B24, B32, B51, B55
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Dissertations / Theses on the topic "Keynesian economics – History"

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Turnell, Sean. "Monetary reformers, amateur idealists and Keynesian crusaders Australian economists' international advocacy, 1925-1950 /." Phd thesis, Australia : Macquarie University, 1999. http://hdl.handle.net/1959.14/76590.

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Thesis (PhD)--Macquarie University, Division of Economic and Financial Studies, Dept. of Economics, 1999.
Bibliography: p. 232-255.
Introduction -- Cheap money and Ottawa -- The World Economic Conference -- F.L. McDougall -- The beginnings of the 'employment approach' -- Coombs and consolidation -- Bretton Woods -- An international employment agreement -- The 'employment approach' reconsidered -- The Keynesian 'revolution' in Australia -- Conclusion.
Between 1925 and 1950, Australian economists embarked on a series of campaigns to influence international policy-making. The three distinct episodes of these campaigns were unified by the conviction that 'expansionary' economic policies by all countries could solve the world's economic problems. As well as being driven by self-interest (given Australia's dependence on commodity exports), the campaigns were motivated by the desire to promote economic and social reform on the world stage. They also demonstrated the theoretical skills of Australian economists during a period in which the conceptual instruments of economic analysis came under increasing pressure. -- The purpose of this study is to document these campaigns, to analyse their theoretical and policy implications, and to relate them to current issues. Beginning with the efforts of Australian economists to persuade creditor nations to enact 'cheap money' policies in the early 1930s, the study then explores the advocacy of F.L. McDougall to reconstruct agricultural trade on the basis of nutrition. Finally, it examines the efforts of Australian economists to promote an international agreement binding the major economic powers to the pursuit of full employment. -- The main theses advanced in the dissertation are as follows: Firstly, it is argued that these campaigns are important, neglected indicators of the theoretical positions of Australian economists in the period. Hitherto, the evolution of Australian economic thought has been interpreted almost entirely on the basis of domestic policy advocacy, which gave rise to the view that Australian economists before 1939 were predominantly orthodox in theoretical outlook and policy prescriptions. However, when their international policy advocacy is included, a quite different picture emerges. Their efforts to achieve an expansion in global demand were aimed at alleviating Australia's position as a small open economy with perennial external sector problems, but until such international policies were in place, they were forced by existing circumstances to confine their domestic policy advice to orthodox, deflationary measures. -- Secondly, the campaigns make much more explicable the arrival and dissemination of the Keynesian revolution in Australian economic thought. A predilection for expansionary and proto-Keynesian policies, present within the profession for some time, provided fertile ground for the Keynesian revolution when it finally arrived. Thirdly, by supplying evidence of expansionary international policies, the study provides a corrective to the view that Australia's economic interaction with the rest of the world has largely been one of excessive defensiveness. -- Originality is claimed for the study in several areas. It provides the first comprehensive study of all three campaigns and their unifying themes. It demonstrates the importance to an adequate account of the period of the large amount of unpublished material available in Australian archives. It advances ideas and policy initiatives that have hitherto been ignored, or only partially examined, in the existing literature. And it provides a new perspective on Australian economic thought and policy in the inter-war years.
Mode of access: World Wide Web.
255 p
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Ahmed, Najeer. "Addressing the Post-Keynesian Critique: Exchange Rate Determination with an Extended Mundell-Fleming Model." Scholarship @ Claremont, 2016. http://scholarship.claremont.edu/cmc_theses/1335.

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The assertion that financial flows are the primary drivers of exchange rates may be considered as financial markets become increasingly large and sophisticated. However, the Post-Keynesian critique leaves little room for the real economy to impact exchange rates. This paper aims to extend the Mundell-Fleming model to address the Post-Keynesian critique of mainstream models, by incorporating wealth effects, expectations, and Taylor-rule interest targeting. Discussion of significant financial events affecting the USDJPY exchange rate finds that wealth effects are significant considerations, and that the real economy cannot be discounted completely. Empirical results find that the real interest rate is a significant factor in exchange rate determination, tying into the discussion over the relationship between savings and consumption.
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Stockhammer, Engelbert, and Paul Ramskogler. "Uncertainty and exploitation in history." Inst. für Volkswirtschaftstheorie und -politik, WU Vienna University of Economics and Business, 2007. http://epub.wu.ac.at/82/1/document.pdf.

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The paper builds on the Marxist concept of exploitation to explore the meaning of the Post Keynesian notion of uncertainty. Uncertainty is mediated by institutions and is distributed unevenly among different social groups. As different historical social formations entail different institutional structures, the distribution and nature of uncertainty also differ. The configurations between class relations and uncertainty are analyzed for the capitalist, feudal and slave modes of production. It is demonstrated that modes of production do not only imply specific exploitative relations but also different relative distributions of uncertainty amongst classes. Joining Marxian and Post Keynesian approaches allows a richer understanding of exploitive relations and illuminates the full societal impact of uncertainty. It is shown that only in capitalism is the exploited class exposed to a substantial degree of economic uncertainty. (author's abstract)
Series: Department of Economics Working Paper Series
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Rubio, Flávia Carrasco. "A ortodoxia e heterodoxia revistas em sua base: uma leitura de economia política." reponame:Repositório Institucional do FGV, 2013. http://hdl.handle.net/10438/10589.

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The present study aims to evaluate, from a theoretical perspective, the fundamental basis argumentative which put economic science at distinct level of analysis. On one hand, the strong mathematical apparatus and microfundamentals that support the mainstream economic view. On the other hand, Keynes’s evaluation (post-keynesian perspective) about economic science. Therefore, the first chapter starts rebuilding the orthodox economics in its basis. From that perspective, the purpose of the study is focused on the new classic economic school, furthermore the contributions of Robert Lucas, the best specialist in the wealth and work processes. The second chapter presents the heterodox construction through a post-keynesian perspective, that by analyzing Keynes, and specially the work of Davidson, will propose to look back to political economics. In the third chapter, the objective is to discuss a new methodology of economics, study objects and their positioning within science.
O presente trabalho busca avaliar, de uma perspectiva teórica, as bases fundamentais argumentativas que colocam a ciência econômica em patamares tão distintos de análise: De um lado, o forte aparato matemático e de microfundamentos que sustentam a visão do mainstream economics. De outro a avaliação de Keynes (da perspectiva pós-keynesiana) acerca do objeto da ciência econômica. Para isso, inicia-se no primeiro capítulo uma reconstrução da Economia ortodoxa em sua base. De tal perspectiva, o estudo proposto se concentra na chamada escola novo clássica, sobretudo as contribuições de Robert Lucas, expoente maior, acerca do processo de geração de renda e emprego. No segundo capítulo, apresenta-se o constructo heterodoxo, através de uma perspectiva pós-keynesiana que ao resgatar Keynes, sobretudo os trabalhos de Davidson, vai propor a volta ao olhar de economia política. No terceiro capítulo visa construir o debate acerca da metodologia econômica, objetos de estudo e seu posicionamento dentro da ciência.
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Sergi, Francesco. "De la révolution lucasienne aux modèles DSGE : réflexions sur les développements récents de la modélisation macroéconomique." Thesis, Paris 1, 2017. http://www.theses.fr/2017PA01E059/document.

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Ce travail propose une mise en perspective des pratiques de modélisation macroéconomique,depuis les travaux de Robert E. Lucas dans les années 1970 jusqu’aux contributions actuelles de l’approche dite d’équilibre général dynamique stochastique (DSGE). Cette mise en perspective permet de caractériser l’essor des modèles DSGE comme un compromis entre conceptions antagonistes de la modélisation : d’une part, celle de l’approche des cycles réels (RBC) et, d’autre part, celle de la nouvelle économie keynésienne. Pour justifier cette opposition, ce travail propose une reconstruction épistémologique de l’histoire récente de la macroéconomie, à savoir une analyse des différents critères qui définissent la validité et la pertinence d’un modèle. L’hypothèse de travail est qu’on peut identifier, pour chaque pratique de modélisation,trois critères méthodologiques fondamentaux : la validité interne (l’adéquation des hypothèses d’un modèle aux concepts aux formalismes d’une théorie), la validité externe(l’adéquation des hypothèses et/ou des résultats d’un modèle au monde réel, et les procédés quantitatifs pour évaluer cette adéquation) et le critère de hiérarchie (la préférence pour la validité interne sur la validité externe, ou vice versa). Cette grille de lecture, inspirée de la littérature sur les modèles en philosophie des sciences, permet d’apporter quatre contributions originales à l’histoire de la macroéconomie récente. (1) Elle permet de concevoir l’essor des modèles DSGE sans faire appel à l’explication proposée par l’historiographie produite par les macroéconomistes eux-mêmes,à savoir l’existence d’un consensus et d’un progrès technique exogène. Contre cette vision de l’histoire en termes de progrès scientifique, nous mettons en avant les oppositions méthodologiques au sein de la macroéconomie et nous illustrons l’interdépendance entre activité théorique et développement des méthodes statistiques et économétriques. (2) La thèse s’attaque au cloisonnement entre histoire des théories macroéconomiques et histoire des méthodes quantitatives. Grâce à sa perspective méthodologique, ce travail permet d’opérer la jonction entre ces deux littératures et de développer les bases d’une vision globale des transformations récentes de la macroéconomie. (3) La relecture méthodologique de l’histoire de la modélisation permet de mettre en évidence comment la condition de validité externe a représenté le principal point de clivage entre différentes conceptions de la modélisation. La question de la validité externe apparaît par ailleurs intrinsèquement liée à la question de l’explication causale des phénomènes, sur laquelle repose largement la justification de la modélisation comme outil d’expertise des politiques économiques. (4) Ce travail aboutit à une caractérisation originale de l’approche DSGE : loin de constituer une «synthèse» ou un consensus, cette approche s’apparente à un compromis, fragilisé par l’antagonisme méthodologique entre ses parties prenantes
This dissertation provides a history of macroeconomic modeling practices from RobertE. Lucas’s works in the 1970s up to today’s dynamic stochastic general equilibrium (DSGE) approach. Working from a historical perspective, I suggest that the recent rise of DSGE models should be characterized as a compromise between opposing views of modeling methodology—on the one hand, the real business cycle (RBC) view, on the other hand, the new Keynesian view. In order to justify this claim, my work provides an epistemological reconstruction of the recent history of macroeconomics, building from ananalysis of the criteria defining the validity and the pertinence of a model. My assumption is that recent macroeconomic modeling practices can be described by three distinctive methodological criteria : the internal validity criterion (which establishes the consistency between models’ assumptions and concepts and formalisms of a theory), the external validity criterion (which establishes the consistency between the assumptions and results of a model and the real world, as well as the quantitative methods needed to assess such a consistency) and the hierarchization criterion (which establishes the preference for internal over external validity, or vice versa). This epistemological reconstruction draws primarily from the literature about models in the philosophy of science. My work aims to make four contributions to the history of recent macroeconomics. (1) To understand the rise of DSGE models without referring to the explanation providedby the macroeconomists themselves, who tend to think that macroeconomics evolved through theoretical consensus and exogenous technical progress. By distancing itself fromthis perspective, my work draws attention to the disruptive character of methodological controversies and to the interdependence between theoretical activity and the developmentof statistical and econometric methods. (2) To overcome the existing divide betweenthe history of macroeconomic theories and the history of quantitative methods. Throughits epistemological perspective, my work reconciles these two historiographies and specifiesthe basis for a comprehensive understanding of recent developments in macroeconomics.(3) To put the accent on the external validity condition as the main controversial issue separating different views of macro-modeling methodology. Furthermore, I illustrate how the debate about external validity is closely related to the problem of casual explanation and, finally, to the conditions for providing economic policy evaluation. (4) To characterize the DSGE approach: although DSGE models are often presented as a“synthesis”, or as a “consensus”, they are better described as a shaky compromise between two opposing methodological visions
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SAMPAIO, Guilherme. "The translation, diffusion, and reception of John Maynard Keynes's writings in France (1920s–50s)." Doctoral thesis, 2016. http://hdl.handle.net/1814/44504.

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Defence date: 12 December 2016
Examining Board: Professor Ann Thomson, EUI; Professor Youssef Cassis, EUI; Professor Michel Margairaz, Université Paris-I-Panthéon-Sorbonne; Professor Patricia Clavin, University of Oxford
This thesis examines how and why John Maynard Keynes’s policy proposals and economic theories were diffused in France between 1920 and the 1950s. Extant historiography has systematically asserted that Keynes’s writings had barely any impact in interwar France. In great part because of Keynes’s verdict on the Great War’s reparations and indictment of French foreign policy, particularly through his 1919 Economic Consequences of the Peace. The fact that Keynes was persona non grata in France has consequently also been used by historians to explain the belated acceptation of Keynes’s General Theory in that country. At the same time, though, it is commonly argued that France was one of the countries where Keynesianism became the most widespread after the Second World War, as a reaction to chronic economic underperforming in the 1930s and the war’s devastations. Based on an extensive perusal of archival and published sources, I advance, along twelve chapters, a starkly different hypothesis. For a start, I argue that in the 1920s Keynes’s ideas on reparations were significantly discussed in France. His audience was composed not only of detractors, but also of admirers from the Left and academia who helped him translate and publish his writings. The narrative then shifts towards analysing how Keynes’s estrangement from the majority of French public opinion started not with the issue of reparations, but with debates on monetary policy and the gold standard: beginning in the mid- 1920s and heightening during the Great Depression. Afterwards, I scrutinise how the translation and diffusion of the General Theory began taking place well before 1945; but also how Keynes’s theory continued to be resisted by a significant part of French economists even afterwards. And if Keynes’s economics did shape French anti-inflationary fiscal policy in post- Second World War reconstruction, their influence within the French state remained on the whole circumscribed. Consequently, this dissertation concludes that there was never a sweeping Keynesian revolution in France.
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Millmow, Alex. "The power of economic ideas : the origins of macroeconomic management in interwar Australia : 1929-1939." Phd thesis, 2004. http://hdl.handle.net/1885/148466.

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Short, Victor. "Prairie Freigeld: Alberta Social Credit and the Keynesian Frontier of Monetary Economy Thought, 1929-1938." Thesis, 2014. http://hdl.handle.net/1807/44062.

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This thesis examines the impact of Social Credit in North America during the Great Depression as a social philosophy and approach to government. By placing Social Credit in the context of interwar social movements for monetary reform, the events in Alberta from 1932 to 1938 are examined from the historical geographic iteration of what I call the Keynesian frontier of monetary macro-economic thought. This thesis shifts attention on this episode of Canadian history towards the lens of monetary neutrality. I argue that the Keynesian frontier was the intellectual environment for a worldwide English- speaking progressive underground which sought to find in macro-economic theory a vision of utopian society where money had no effect on material choices and interpersonal relations. During the 1930s, movements such as Social Credit transformed this underground into a collective effort to integrate the institutional channels of circulation with the mechanics of the modern monetary and fiscal state.
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Charron, Alexandre. "The economic theories of Rosa Luxemburg and Michal Kalecki: continuity or rupture?" Thesis, 2018. https://dspace.library.uvic.ca//handle/1828/9998.

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From the time of its first publication, Rosa Luxemburg’s main economic work, The Accumulation of Capital, was heavily criticized. This set a precedent towards the dismissal of her economic theory which has continued almost to the present day. Very recently, however, a stream of literature favourable to Luxemburg has begun to emerge. Commentators in this group have attempted to re-evaluate Luxemburg’s contribution to Marxian economic theory by, among other approaches, attempting to show her as an important precursor to Michal Kalecki. This work operates within this framework. It attempts to further specify the nature of the theoretical relationship between Luxemburg and Kalecki by closely examining and comparing the economic theories of the two thinkers. What such a study reveals, however, is that this relationship is better defined as a one of rupture rather than of continuity. While Kalecki seems to accept the basic structure of Luxemburg’s argument, he modifies and qualifies it in so many respects as to make it almost unrecognizable. But such a divergence between the theories is hardly surprising if we view them in their proper historical contexts. The differing empirical, personal and political backgrounds from which the theories emerged is what would have led to the development of the divergent elements within them. Such substantial differences in the contexts which gave rise to the respective theories underscore the ill-advised nature of the attempt to draw too strong a link between the economic thought of Luxemburg and Kalecki.
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Books on the topic "Keynesian economics – History"

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1941-, Arestis Philip, and Sawyer Malcolm C, eds. 21st century Keynesian economics. New York: Palgrave Macmillan, 2010.

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Post Keynesian monetary economics. 2nd ed. Armonk, N.Y: M.E. Sharpe, Inc., 1992.

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Post Keynesian monetary economics. Armonk, N.Y: M.E. Sharpe, 1986.

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Murray, Milgate, ed. The fall and rise of keynesian economics. New York: Oxford University Press, 2011.

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1941-, Arestis Philip, Palma J. Gabriel, Sawyer Malcolm C, and Harcourt Geoffrey Colin, eds. Capital controversy, post-Keynesian economics and the history of economic thought. London: Routledge, 1997.

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Robert, Eisner. The Keynesian revolution, then and now. Cheltenham, UK: E. Elgar, 1998.

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1941-, Arestis Philip, and Skouras Thanos 1943-, eds. Post Keynesian economic theory: A challenge to neo-classical economics. Sussex: Wheatsheaf Books, 1985.

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The making of a post-Keynesian economist : Cambridge harvest. Houndmills, Basingstoke, Hampshire: Palgrave Macmillan, 2012.

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The crisis of Keynesian economics: A Marxist view. Totowa, N.J: Barnes & Noble Books, 1986.

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Pilling, Geoffrey. The crisis of Keynesian economics: A marxist view. London: Croom Helm, 1987.

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Book chapters on the topic "Keynesian economics – History"

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Mills, John. "The Keynesian Revolution." In A Critical History of Economics, 132–51. London: Palgrave Macmillan UK, 2002. http://dx.doi.org/10.1057/9781403914408_7.

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Lai, Cheng-chung, and Tai-kuang Ho. "Keynes and Keynesian Economics." In History of Economic Ideas in 20 Talks, 131–37. Singapore: Springer Nature Singapore, 2022. http://dx.doi.org/10.1007/978-981-19-4506-9_18.

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Burstein, M. L. "Some More Keynesian Economics." In Studies in Banking Theory, Financial History and Vertical Control, 23–40. London: Palgrave Macmillan UK, 1988. http://dx.doi.org/10.1007/978-1-349-09978-8_3.

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Burstein, M. L. "Still More Keynesian Economics." In Studies in Banking Theory, Financial History and Vertical Control, 41–47. London: Palgrave Macmillan UK, 1988. http://dx.doi.org/10.1007/978-1-349-09978-8_4.

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Hollander, Samuel. "Making the Most of Anomaly in the History of Economic Thought: Smith, Marx-Engels, and Keynes." In Perspectives on Keynesian Economics, 15–34. Berlin, Heidelberg: Springer Berlin Heidelberg, 2010. http://dx.doi.org/10.1007/978-3-642-14409-7_2.

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Mátyás, Antal. "A Summary Appraisal of the Keynesian Theory." In History of Modern Non-Marxian Economics, 416–19. London: Macmillan Education UK, 1985. http://dx.doi.org/10.1007/978-1-349-18005-9_46.

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Mátyás, Antal. "Growth Models Built upon a Keynesian Theoretical Basis." In History of Modern Non-Marxian Economics, 433–69. London: Macmillan Education UK, 1985. http://dx.doi.org/10.1007/978-1-349-18005-9_49.

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Mátyás, Antal. "Post-Keynesian Micro-Theory of the Demand for Money." In History of Modern Non-Marxian Economics, 399–401. London: Macmillan Education UK, 1985. http://dx.doi.org/10.1007/978-1-349-18005-9_43.

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Medema, Steven G. "Gardiner C. Means’s Institutional and Post-Keynesian Economics." In Essays in the History of Heterodox Political Economy, 308–39. London: Palgrave Macmillan UK, 1992. http://dx.doi.org/10.1007/978-1-349-12263-9_12.

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Arnon, Arie. "Epilogue: The Road of Macroeconomics Away from Keynesian Economics." In Springer Studies in the History of Economic Thought, 263–73. Cham: Springer International Publishing, 2022. http://dx.doi.org/10.1007/978-3-030-97703-0_15.

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Conference papers on the topic "Keynesian economics – History"

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Bal, Oğuz. "Theoretical Perspective on the Concept of Sustainable Economic Growth." In International Conference on Eurasian Economies. Eurasian Economists Association, 2017. http://dx.doi.org/10.36880/c08.01839.

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Abstract:
Economic growth, real GDP is a concept that is related to the growth rate of the country. The history of this concept dates back to the mercantilist era. Mercantilist period the active actor is the state, while state intervention in fizyokrat, in contrast to the natural order, rationalism, and "laissez-fairy, laissez passer" was highlighted. The main idea in the classics of liberalism. Opinions that are based on the pressure of its population. Neoklasik the successor of the classics, according to the exogenous growth of labor supply and the concept of “labor growth and technological process” is one of the main determinants of the growth rate along the balanced. Classical and neoclassical growth models, the supply factor describes. Supply-side and demand is internal to the economic system is limited by assumptions. Keynesian and post-Keynesian growth models demand-oriented is referred to as. Vascular growth is tied to investment. The production capacity of the economy and new investments to increase production. Harrod, actual, guaranteed, and has made the difference between the natural growth rate. Harrod-Domar; are bound by the terms of the balance of the sustainability of growth. Stabilizing role of the state have been given. These models had been undertaken by N. Kaldor, Thirlwall was developed by. This article is intended that the components of the theoretical framework of the challenges of sustainable growth and developments is to examine and discuss. The method applied the inductive method.
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