Original Keynesian economics

Author: Ding Bing
Publisher:
Publish Date: 2006-01-01
Features: Keynes established the new macroeconomic theory system of Keynesianism in 1936, which later developed into two major branches after World War II: the neoclassical synthesis in the United States and the Cambridge school in the United Kingdom. Compared to the later emerging new Keynesianism, these are collectively referred to as the original Keynesian school. This book provides a comprehensive, systematic, and in-depth analysis of the basic content of the original Keynesian school, as well as its development, changes, and the mutual influence among its internal factions. It particularly offers a comprehensive and creative analysis of the formation, "revolution," and development of Keynesian economics. After separately discussing the two branches of Keynesianism, it also conducts a focused analysis of the "Cambridge Wars." Throughout the discussion, it closely connects with domestic and international economic practices, making it easy to understand, which is a key feature of the book.