The thinking of John Maynard Keynes is still relevant to successful development of the advanced capitalistic system as is shown by evolution of economic thinking since World War II. The changes in economic thinking in the United States and in the world are described, with a chapter devoted to each presidency from Eisenhower to Clinton. The importance of Military Keynesianism in winning the Cold War is described along with similarities and differences between the various national administrations.
Bastard Keynesianism
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"Lynn Turgeon has distilled a career's worth of observations of the world economy into a fascinating book, Bastard Keynesianism. This unique and innovative book seeks to understand the development of U.S. economic policy and its implications in relation to that in other countries from a truly Keynesian perspective....At all points Professor Turgeon forces the reader to rethink the impacts of past policies and why they did not bring about the results that could have been achieved....It is written in an engaging style and could serve as a supplement to introductory courses in macroeconomics."-J. Barkley Rosser, Jr., Professor of Economics James Madison University
Book Description
The thinking of John Maynard Keynes is relevant to the successful development of an advanced capitalist system as shown by recent evolution of economic thinking.
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First Sentence:
What were the basic characteristics or assumptions of Keynes's new way of thinking? Read the first page Key Phrases - Statistically Improbable Phrases (SIPs): (learn more)
underheated economy, passive deficits, advanced capitalist system, partial devaluation, investment binge, nonmilitary spending, functional finance, secular stagnation, import surplus, high real interest rates, advanced capitalist world, overheated economy Key Phrases - Capitalized Phrases (CAPs): (learn more)
United States, World War, Cold War, Korean War, Great Depression, Alan Greenspan, Bastard Keynesianism, Great Britain, Milton Friedman, Bretton Woods, Walter Heller, Arthur Burns, Council of Economic Advisers, Eastern Europe, Marshall Plan, Paul Volcker, President Clinton, Seven Fat Years, Third World, Abba Lerner, Bastard Keynesians, International Monetary Fund, Jimmy Carter, Western Europe, Federal Reserve Board New!
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Front Cover | Table of Contents | First Pages | Index | Back Cover | Surprise Me!
What were the basic characteristics or assumptions of Keynes's new way of thinking? Read the first page Key Phrases - Statistically Improbable Phrases (SIPs): (learn more)
underheated economy, passive deficits, advanced capitalist system, partial devaluation, investment binge, nonmilitary spending, functional finance, secular stagnation, import surplus, high real interest rates, advanced capitalist world, overheated economy Key Phrases - Capitalized Phrases (CAPs): (learn more)
United States, World War, Cold War, Korean War, Great Depression, Alan Greenspan, Bastard Keynesianism, Great Britain, Milton Friedman, Bretton Woods, Walter Heller, Arthur Burns, Council of Economic Advisers, Eastern Europe, Marshall Plan, Paul Volcker, President Clinton, Seven Fat Years, Third World, Abba Lerner, Bastard Keynesians, International Monetary Fund, Jimmy Carter, Western Europe, Federal Reserve Board New!
Books on Related Topics | Concordance | Text Stats Browse Sample Pages:
Front Cover | Table of Contents | First Pages | Index | Back Cover | Surprise Me!
Citations (learn more)
This book cites 68
books:
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- The Economic Consequences of the Peace (Classic, 20th-Century, Penguin) by John Maynard Keynes on 6 pages
- John Maynard Keynes, Vol. 3: Fighting for Freedom, 1937-1946 by Robert Skidelsky on 5 pages
- The Seven Fat Years: And How to Do It Again by Robert L. Bartley on 5 pages
- Treatise on Money (Collected works of Keynes) (v. 1) by John Maynard Keynes on 4 pages
- Wealth and Poverty (ICS Series in Self-Governance) by George Gilder on 4 pages
See all 68 books this book cites
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