Raising Keynes : a twenty-first-century general theory

Raising Keynes : a twenty-first-century general theory / Stephen A. Marglin.

"Keynes's General Theory has been misunderstood as relying on frictions to justify the need for the visible hand of government to complement the invisible hand of the market. Fleshing out the GT with tools not available to Keynes, Marglin exposes the fundamental failure of markets to self-...

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Bibliographic Details
Main Author: Marglin, Stephen A. (Author)
Format: Book
Language:English
Published: Cambridge, Massachusetts : Harvard University Press, 2021.
Subjects:
Keynes, John Maynard, > 1883-1946.
Keynesian economics.
Industries > Self-regulation.
Economics, Mathematical.
Description
Summary:"Keynes's General Theory has been misunderstood as relying on frictions to justify the need for the visible hand of government to complement the invisible hand of the market. Fleshing out the GT with tools not available to Keynes, Marglin exposes the fundamental failure of markets to self-regulate and draws lessons for fiscal and monetary policies"--
Physical Description:xviii, 896 pages : illustrations (some color), color map ; 25 cm
Bibliography:Includes bibliographical references and index.
ISBN:9780674971028
0674971027

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