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Review of: Keynes and macroeconomics after 70 years, by Wray, L. R. and Forstater, M., eds.
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Francis, T. D. (2011) Review of: Keynes and macroeconomics after 70 years, by Wray, L. R. and Forstater, M., eds. Philosophy of the Social Sciences, Volume 41 (Number 2). pp. 269-277. ISSN 0048-3931
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Official URL: http://dx.doi.org/10.1177/0048393110370148
Abstract
The book under review is critiqued with regard to its adherence, modification, and departure from John Maynard Keynes’s position. This review is weighted to emphasizing the role of “expectation” in Keynes’s work and its role in the book under review. The review seeks to develop an interpretation of the “psychology of society” or “structural rationality” in Keynes’s work and contrasts this with the positions of the authors in the book under review. Following this Keynes’s work is advocated as being highly malleable and a corpus that can illuminate further research and policy prescription.
Item Type: | Book Review | ||||
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Subjects: | H Social Sciences > HB Economic Theory | ||||
Divisions: | Faculty of Social Sciences > Sociology | ||||
Library of Congress Subject Headings (LCSH): | Keynesian economics, Macroeconomics | ||||
Journal or Publication Title: | Philosophy of the Social Sciences | ||||
Publisher: | Sage Publications Ltd. | ||||
ISSN: | 0048-3931 | ||||
Book Title: | Keynes and macroeconomics after 70 years : critical assessments of 'the general theory | ||||
Official Date: | 2011 | ||||
Dates: |
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Volume: | Volume 41 | ||||
Number: | Number 2 | ||||
Page Range: | pp. 269-277 | ||||
DOI: | 10.1177/0048393110370148 | ||||
Publication Status: | Published |
Data sourced from Thomson Reuters' Web of Knowledge
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