Skip to main content

Keynesianism

  • Chapter
The World of Economics

Part of the book series: The New Palgrave ((NPA))

Abstract

The impact of Keynes’s General Theory was felt not only in macroeconomic analysis, in national income accounting and in applied economics, but also in economic doctrine. ‘Keynesianism’ became a distinctive approach to economic affairs. The label was applied both to the conclusions of the General Theory, and to propositions which although not found in the General Theory were felt, often wrongly, to derive from its arguments.

This is a preview of subscription content, log in via an institution to check access.

Access this chapter

Chapter
USD 29.95
Price excludes VAT (USA)
  • Available as PDF
  • Read on any device
  • Instant download
  • Own it forever
eBook
USD 29.99
Price excludes VAT (USA)
  • Available as PDF
  • Read on any device
  • Instant download
  • Own it forever
Softcover Book
USD 39.99
Price excludes VAT (USA)
  • Compact, lightweight edition
  • Dispatched in 3 to 5 business days
  • Free shipping worldwide - see info

Tax calculation will be finalised at checkout

Purchases are for personal use only

Institutional subscriptions

Preview

Unable to display preview. Download preview PDF.

Unable to display preview. Download preview PDF.

Similar content being viewed by others

Bibliography

  • Gordon, R.J. (ed.) 1974. Milton Friedman’s Monetary Framework. Chicago: University of Chicago Press.

    Google Scholar 

  • Hicks, J.R. 1937. Mr Keynes and the ‘classics’: a suggested interpretation. Econometrica 5, April, 147–59.

    Article  Google Scholar 

  • Keynes, J.M. 1936. The General Theory of Employment, Interest and Money. London: Macmillan.

    Google Scholar 

  • Keynes, J.M. 1940. How to Pay for the War. London: Macmillan.

    Google Scholar 

  • Modigliani, F. 1944. Liquidity preference and the theory of interest and money. Econometrica 12, January, 45–88.

    Article  Google Scholar 

  • Modigliani, F. 1977. The monetarist controversy, or should we foresake stabilization policies? American Economic Review 67(2), March, 1–19.

    Google Scholar 

Download references

Authors

Editor information

John Eatwell Murray Milgate Peter Newman

Copyright information

© 1991 Palgrave Macmillan, a division of Macmillan Publishers Limited

About this chapter

Cite this chapter

Eatwell, J. (1991). Keynesianism. In: Eatwell, J., Milgate, M., Newman, P. (eds) The World of Economics. The New Palgrave. Palgrave Macmillan, London. https://doi.org/10.1007/978-1-349-21315-3_46

Download citation

Publish with us

Policies and ethics