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The Keynesian Multiplier Paperback / softback
Edited by Claude Gnos, Louis-Philippe Rochon
Part of the Routledge Frontiers of Political Economy series
Paperback / softback
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Description
The multiplier is a central concept in Keynesian and post-Keynesian economics.
It is largely what justifies activist full-employment fiscal policy: an increase in fiscal expenditures contributing to multiple rounds of spending, thereby financing itself.
Yet, while a copingstone of post-Keynesian theory, it is not universally accepted by all post-Keynesians, for reasons vastly different than the mainstream.
This book explores both the pros and cons of the multiplier from a strictly post-Keynesian – and Kaleckian – approach.
Anchored within the tradition of endogenous money, this book offers a lively discussion from a number of well-known post-Keynesians from a variety of perspectives: history of thought, theory and economic policy.
The book starts by analysing the historical foundations of the Keynesian Multiplier and it’s treatment throughout the history of economic thought.
Moving through a critical debate about the limits of the multiplier, the contributions finish by offering cutting edge new views on this fascinating concept. .
Information
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Out of StockMore expected soonContact us for further information
- Format:Paperback / softback
- Pages:206 pages, 2 Tables, black and white; 2 Line drawings, black and white; 2 Illustrations, black and w
- Publisher:Taylor & Francis Ltd
- Publication Date:24/11/2009
- Category:
- ISBN:9780415569569
Information
-
Out of StockMore expected soonContact us for further information
- Format:Paperback / softback
- Pages:206 pages, 2 Tables, black and white; 2 Line drawings, black and white; 2 Illustrations, black and w
- Publisher:Taylor & Francis Ltd
- Publication Date:24/11/2009
- Category:
- ISBN:9780415569569