Who's Afraid of John Maynard Keynes?

Challenging Economic Governance in an Age of Growing Inequality

  • Paul Davidson

About this book


This book presents a clear and concise solution to understanding and alleviating today’s global economic challenges in the context of Keynes’ school of thought. Davidson explains the importance of the market economy, and unveils how and why global financial crises occur when the liquidity of financial assets traded in the market, suddenly collapse.

70 years after Keynes’ death, in another era of financial crisis and economic slump, Keynes’ ideas have made a comeback within economic circles. Yet these ideas are not represented in contemporary government policy decisions. This book explains why Keynes’ ideas need to be used by political parties in order to restore global prosperity and close the gap between income and wealth inequality.

This book will is essential reading for researchers, practitioners, students and the wider public interested in an economic understanding of today's global economic problems.


Keynes Economic policies Monetary theory Financial crisis Economic governance Restoring prosperity Inequality of income and wealth Keynes-Post Keynesian economics

Authors and affiliations

  • Paul Davidson
    • 1
  1. 1.Holly Chair of Excellence EmeritusUniversity of Tennessee at KnoxvilleKnoxvilleUSA

Bibliographic information

  • DOI
  • Copyright Information The Editor(s) (if applicable) and The Author(s) 2017
  • Publisher Name Palgrave Macmillan, Cham
  • eBook Packages Economics and Finance
  • Print ISBN 978-3-319-64503-2
  • Online ISBN 978-3-319-64504-9
  • Buy this book on publisher's site