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Item Details
Title:
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THE KEYNESIAN MULTIPLIER
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By: |
Claude Gnos (Editor), Louis-Philippe Rochon (Editor) |
Format: |
Paperback |

List price:
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£45.99 |
Our price: |
£41.39 |
Discount: |
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You save:
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£4.60 |
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ISBN 10: |
0415569567 |
ISBN 13: |
9780415569569 |
Availability: |
Usually dispatched within 1-3 weeks.
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rates
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Stock: |
Currently 0 available |
Publisher: |
TAYLOR & FRANCIS LTD |
Pub. date: |
24 November, 2009 |
Series: |
Routledge Frontiers of Political Economy |
Pages: |
224 |
Synopsis: |
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. . |
Illustrations: |
2 black & white illustrations, 2 black & white tables, 2 black & white line |
Publication: |
UK |
Imprint: |
Routledge |
Returns: |
Returnable |
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