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In the Long Run We Are All Dead

2017-01-24 Political Science
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Release : 2017-01-24
Genre : Political Science
Kind : eBook
Book Rating : 020/5 ( reviews)

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Book Synopsis In the Long Run We Are All Dead by : Geoff Mann

Download or read book In the Long Run We Are All Dead written by Geoff Mann. This book was released on 2017-01-24. Available in PDF, EPUB and Kindle. Book excerpt: A groundbreaking debunking of moderate attempts to resolve financial crises In the ruins of the 2007–2008 financial crisis, self-proclaimed progressives the world over clamored to resurrect the economic theory of John Maynard Keynes. The crisis seemed to expose the disaster of small-state, free-market liberalization and deregulation. Keynesian political economy, in contrast, could put the state back at the heart of the economy and arm it with the knowledge needed to rescue us. But what it was supposed to rescue us from was not so clear. Was it the end of capitalism or the end of the world? For Keynesianism, the answer is both. Keynesians are not and never have been out to save capitalism, but rather to save civilization from itself. It is political economy, they promise, for the world in which we actually live: a world in which prices are “sticky,” information is “asymmetrical,” and uncertainty inescapable. In this world, things will definitely not take care of themselves in the long run. Poverty is ineradicable, markets fail, and revolutions lead to tyranny. Keynesianism is thus modern liberalism’s most persuasive internal critique, meeting two centuries of crisis with a proposal for capital without capitalism and revolution without revolutionaries. If our current crises have renewed Keynesianism for so many, it is less because the present is worth saving, than because the future seems out of control. In that situation, Keynesianism is a perfect fit: a faith for the faithless.

In the Long Run We're All Dead

2013-08-01 Political Science
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Release : 2013-08-01
Genre : Political Science
Kind : eBook
Book Rating : 260/5 ( reviews)

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Book Synopsis In the Long Run We're All Dead by : Timothy Lewis

Download or read book In the Long Run We're All Dead written by Timothy Lewis. This book was released on 2013-08-01. Available in PDF, EPUB and Kindle. Book excerpt: Canadian politics in the 1990s were characterized by an unwavering focus on the deficit. At the beginning of the decade, it seemed that fiscal deficits were intractable – a fait accompli of Canadian politics – yet by the end of the decade, Ottawa had taken remarkable actions to eliminate its budgetary shortfalls and had successfully eradicated its deficits. How such a radical change of political course came to pass is still not well understood. In The Long Run We’re All Dead: The Canadian Turn to Fiscal Restraint offers the first comprehensive scholarly account of this vital public policy issue. Lewis deftly analyzes the history of deficit finance from before Confederation through Canada’s postwar Keynesianism to the retrenchment of the Mulroney and Chrétien years. In doing so, he illuminates how the political conditions for Ottawa’s deficit elimination in the 1990s materialized after over 20 consecutive years in the red, and how the decline of Canadian Keynesianism has made way for the emergence of politics organized around balanced budgets. This important book provides scholars and students of Canadian politics with a new framework by which to understand the adoption of government policy, the economic and fiscal legacy of the Mulroney administrations, and the emergence of the new “politics of the surplus.” It will be of great interest to those engaged with Canadian politics, political economy, and public policy, as well as to participants in policy processes and the informed public.

The General Theory of Employment, Interest, and Money

2018-07-20 Business & Economics
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Release : 2018-07-20
Genre : Business & Economics
Kind : eBook
Book Rating : 447/5 ( reviews)

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Book Synopsis The General Theory of Employment, Interest, and Money by : John Maynard Keynes

Download or read book The General Theory of Employment, Interest, and Money written by John Maynard Keynes. This book was released on 2018-07-20. Available in PDF, EPUB and Kindle. Book excerpt: This book was originally published by Macmillan in 1936. It was voted the top Academic Book that Shaped Modern Britain by Academic Book Week (UK) in 2017, and in 2011 was placed on Time Magazine's top 100 non-fiction books written in English since 1923. Reissued with a fresh Introduction by the Nobel-prize winner Paul Krugman and a new Afterword by Keynes’ biographer Robert Skidelsky, this important work is made available to a new generation. The General Theory of Employment, Interest and Money transformed economics and changed the face of modern macroeconomics. Keynes’ argument is based on the idea that the level of employment is not determined by the price of labour, but by the spending of money. It gave way to an entirely new approach where employment, inflation and the market economy are concerned. Highly provocative at its time of publication, this book and Keynes’ theories continue to remain the subject of much support and praise, criticism and debate. Economists at any stage in their career will enjoy revisiting this treatise and observing the relevance of Keynes’ work in today’s contemporary climate.

In the Long Run We are All Dead

1990 Fiction
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Release : 1990
Genre : Fiction
Kind : eBook
Book Rating : 818/5 ( reviews)

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Book Synopsis In the Long Run We are All Dead by : Murray Wolfson

Download or read book In the Long Run We are All Dead written by Murray Wolfson. This book was released on 1990. Available in PDF, EPUB and Kindle. Book excerpt:

A Tract on Monetary Reform

1923 Business & Economics
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Release : 1923
Genre : Business & Economics
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Book Synopsis A Tract on Monetary Reform by : John Maynard Keynes

Download or read book A Tract on Monetary Reform written by John Maynard Keynes. This book was released on 1923. Available in PDF, EPUB and Kindle. Book excerpt: "The long run is a misleading guide to current affairs. In the long run we are all dead." -John Maynard Keynes, A Tract on Monetary Reform (1923) A Tract on Monetary Reform (1923), by British economist John Maynard Keynes, is a masterly analysis of the world monetary situation at the beginning of the twentieth century. Keynes stated the importance of stable domestic prices and a stable currency for a strong economy, while arguing against the gold standard, which at that time was used for the US dollar and many other currencies. Britain abandoned the gold standard in 1931-after it had re-established it in 1925-and the United States abandoned the gold standard in 1933. A Tract on Monetary Reform is essential reading for anyone interested in Keynes' theories and for students of economics or economic history.

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