A Modern Guide to Keynesian Macroeconomics and Economic Policies

Download or read book A Modern Guide to Keynesian Macroeconomics and Economic Policies written by Eckhard Hein and published by Edward Elgar Pub. This book was released on 2011 with total page 365 pages. Available in PDF, EPUB and Kindle. Book excerpt: 'For more than a decade, most macroeconomists convinced themselves they were witnessing a "Great Moderation". Many Keynesians saw instead the accumulation of a fragility and potential instability that have become dramatically manifest since 2007. the premise of this book is that the financial crisis and Great Recession necessitate a revival of Keynesian macroeconomics, emphasizing the central roles of effective demand, money and finance in modern capitalism. Comprising essays on all aspects of macroeconomic theory and policy, the book will prove invaluable for scholars and graduate students seeking to acquaint themselves with the frontiers of modern Keynesian macroeconomics.' - Mark Setterfield, Trinity College, US