This thoroughly revised and updated second edition of a highly acclaimed and authoritative reference work introduces the major concepts in the field of Keynesian economics. The comprehensive Encyclopedia features accessible, informative and provocative contributions by leading international scholars working in the tradition of Keynes. It brings together widely dispersed yet theoretically congruent ideas, presents concise biographies of economists who have contributed to the debate on Keynes and the Keynesian Revolution, and outlines the basic principles, models and tools used to discuss the economic consequences of The General Theory. Longer entries on specific topics associated with Keynes and the Keynesian Revolution analyse the principal factors that contributed to The General Theory, the economics of Keynes and the rise and apparent decline of Keynesian economics in greater detail. The second edition will ensure that An Encyclopedia of Keynesian Economics will remain the best single reference source on Keynesian economics and will continue to be welcomed by academics, students and teachers of economics as well as by scholars in related social sciences and government policymakers.
Contents: Absolute Income Hypothesis Accelerator Principle Ackley, Hugh Gardner Adjustment Mechanisms of the Basic Classical and Keynesian Models Aggregate Demand - Aggregate Supply Model and Diagram Arrow, Kenneth J. Austrian School of Economics Automatic Stabilizers Balance of Payments: Keynesian and Monetarist Approaches Baumol, William J. Bloomsbury Group Boulding, Kenneth E. Bretton Woods Brown, Arthur J. Brunner, Karl Burns, Arthur F. Business Cycle Theory (I) Business Cycle Theory (II) Cagan, Phillip Cambridge Circus Cassel, Gustav Champernowne, David G. Chicago School of Economics Clark, Colin Classical Economics Clower, Robert W. Consumption and the Consumption Function Coordination Failures and Keynesian Economics Crowding Out Currie, Lauchlin Davidson, Paul Deficits: Cyclical and Structural Demand Management Depression, The Great Dillard, Dudley Domar, Evsey D. Dornbusch, Rudiger Dual Decision Hypothesis Dynamic Stochastic General Equilibrium Models Econometric Models, Macroeconomic Economics of Keynes and of his Revolution, Key Elements of the Economics, The Art of Edgeworth, Francis Y. Employment Act of 1946 Expectations, Theories of Fellner, William J. Fiscal Policy Fischer, Stanley Friedman, Milton Frisch, Ragnar Full Employment Budget Functional Finance Galbraith, John K. Gesell, Silvio Government Investment Programs (the Socialization of Investment) Grossman, Herschel I. Haavelmo, Trygve Hahn, Frank H. Hansen, Alvin H. Harcourt, Geoff Harrod, Sir Roy Hawtrey, Sir Ralph Hayek, Friedrich A. von Heckman, James, J. Heller, Walter W. Henderson, Sir Hubert D. Hicks, Sir John R. Incomes Policies Inflation Interest, Theories of International Clearing Union IS/LM Model and Diagram Johnson, Harry Gordon Jorgenson, Dale W. Kahn, Lord Richard F. Kaldor, Lord Nicholas Kalecki, Michal Keynes, John Maynard Keynes, John N. Keynes and Probability Keynes, The Influence of Burke and Moore on Keynes?, What Remains of Keynes's Economics, National Income Accounting Activism and Keynesian Cross Keynesian Economics, Deficit Finance in Keynesian Indicators Keynesian Revolution Keynesianism in America Klein, Lawrence R. Kregel, Jan A. Kuznets, Simon Lausanne, The School of Leijonhufvud, Axel Lender of Last Resort Leontief, Wassily W. Lerner, Abba P. Life Cycle Hypothesis Lipsey, Richard G. Liquidity Trap Lucas, Jr., Robert E. Lucas Critique Lundberg, Erik Machlup, Fritz Malinvaud, Edmond Markowitz, Harry M. Marshall, Alfred Marshall and Keynes McFadden, Daniel Meade, James E. Meltzer, Allan H. Merton, Robert C. and Myron S. Scholes Metzler, Lloyd A. Microfoundations of Macroeconomics Minsky, Hyman P. Modigliani, Franco Monetary Policy Monetizing the (Federal) Debt Money Multiplier Effect Mundell, Robert A. Mundell - Fleming Model Myrdal, Gunnar Neoclassical Synthesis (Bastard Keynesianism) New Classical School of Economics New Keynesian Macroeconomics Niemeyer, Sir Otto E. Ohlin, Bertil Okun, Arthur M. Okun's Law Permanent Income Hypothesis Phillips, A.W.H. Phillips Curve Pigou, Arthur C. Post Keynesian School of Economics Post Walrasian Economics Prospect throey Quantity Theory of Money Real Balance Effect Relative Income Hypothesis Ricardian Equivalence Ricardo Effect Robbins, Lord Lionel Robertson, Sir Dennis H. Robinson, Joan Rothschild, Kurt W. Samuelson, Paul A. Say's Law Schumpeter, Joseph A. Schwartz, Anna J. Shackle, G.L.S. Sharpe, William F. Solow, Robert M. Sraffa, Piero Stein, Herbert Stockholm School of Economics Stone, Sir John Richard N. Structured Financial Products Swan, Trevor W. Tarshis, Lorie Tobin, James Townsend, Robert Treasury View Viner, Jacob Weintraub, Sidney White, Harry D. Wicksell, Knut
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