Abstract
Robert Eisner, a leading American macroeconomist and theorist of the investment function, was an architect of the Keynesian ascendancy in post-war America. He developed the accounting foundations of Keynesian macroeconomics, finally producing a Total Income System of Accounts. His ideas found application in his later, policy-oriented writings on the budget deficit, the current account, and the Social Security system. His embrace of capital budgeting underpinned a strong advocacy of liberal expenditure on infrastructure, education, and research and development. He was throughout motivated by a commitment to larger social goals, especially full employment, peace, and justice.
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Galbraith, J.K. (2018). Eisner, Robert (1922–1998). In: The New Palgrave Dictionary of Economics. Palgrave Macmillan, London. https://doi.org/10.1057/978-1-349-95189-5_2393
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DOI: https://doi.org/10.1057/978-1-349-95189-5_2393
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Publisher Name: Palgrave Macmillan, London
Print ISBN: 978-1-349-95188-8
Online ISBN: 978-1-349-95189-5
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