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Macroeconomic policy in Britain 1974–1987
Recent Books Keynes’s General Theory and Accumulation.
A. Asimakopulos. New York, NY: Cambridge University Press, 1991.207 pp. $47.50 ISBN O-521-36248-2. This monograph, part of the Modern Cambridge Economics series, was developed from Asimakopulos’s lectures on Keynes General Theory and on the Keynesian theories of accumulation of Roy Harrod and Joan Robinson. The author deals with issues Keynes’s theory raises, including involuntary unemployment, the volatility of investment, and the complex nature of monetary arrangements in today’s capitalist economics. Specific issues Asimakopulos deals with include the relevance of the General Theory; short-period equilibrium and change; the growth of the economy over time; the transition from the Treatise; Harrod and dynamic economics; and Robinson on the accumulation of capital.
Macroeconomic
Policy in Britain 1974-1987. A.J.C. Britton. New York, NY: Cambridge University Press, 1991. 365 pp. $59.50 ISBN o-521-41004-5. This book concentrates on monetary and fiscal policy regarding inflation and the growth of output and employment in Britain during the period 1974-1987. It’s five main sections deal with policy actions during that period; important writings of economists in Britain at the time; the effects of the world economy on Britain; the conduct of policy; and the effects of policy implementation on unemployment, inflation, and output growth. The book is a sequel to other National Institute of Economic and Social Research studies by Christopher Dow, Frank Blackby and others.
A Matter of Interest: Reexamining Money, Debt, and Real Economic Growth. William F. Hixson. New York, NY: Praeger Publishers, 1991. 304 pp. $49.95 ISBN O-275-93895-6. Hixson examines the U.S. economy since World War I. He maintains that the laissez-faire economy before 1929 made the Great Crash inevitable, and that the mixed economy in place since World War II is destined to bring about a similar crisis. He states that his unconventional theories challenge the generally accepted views of U.S. and Marxist economists. The book includes an examination of the methods of operation of a laissez-faire economy and a discussion of how such an economy brought about the crash of the stock market in 1929; a tracing of the evolution of the mixed economy; a consideration of why such an economy lacks long-term viability; and a suggestion of how to turn the mixed economy into a 191
A. Asimakopulos. New York, NY: Cambridge University Press, 1991.207 pp. $47.50 ISBN O-521-36248-2. This monograph, part of the Modern Cambridge Economics series, was developed from Asimakopulos’s lectures on Keynes General Theory and on the Keynesian theories of accumulation of Roy Harrod and Joan Robinson. The author deals with issues Keynes’s theory raises, including involuntary unemployment, the volatility of investment, and the complex nature of monetary arrangements in today’s capitalist economics. Specific issues Asimakopulos deals with include the relevance of the General Theory; short-period equilibrium and change; the growth of the economy over time; the transition from the Treatise; Harrod and dynamic economics; and Robinson on the accumulation of capital.
Macroeconomic
Policy in Britain 1974-1987. A.J.C. Britton. New York, NY: Cambridge University Press, 1991. 365 pp. $59.50 ISBN o-521-41004-5. This book concentrates on monetary and fiscal policy regarding inflation and the growth of output and employment in Britain during the period 1974-1987. It’s five main sections deal with policy actions during that period; important writings of economists in Britain at the time; the effects of the world economy on Britain; the conduct of policy; and the effects of policy implementation on unemployment, inflation, and output growth. The book is a sequel to other National Institute of Economic and Social Research studies by Christopher Dow, Frank Blackby and others.
A Matter of Interest: Reexamining Money, Debt, and Real Economic Growth. William F. Hixson. New York, NY: Praeger Publishers, 1991. 304 pp. $49.95 ISBN O-275-93895-6. Hixson examines the U.S. economy since World War I. He maintains that the laissez-faire economy before 1929 made the Great Crash inevitable, and that the mixed economy in place since World War II is destined to bring about a similar crisis. He states that his unconventional theories challenge the generally accepted views of U.S. and Marxist economists. The book includes an examination of the methods of operation of a laissez-faire economy and a discussion of how such an economy brought about the crash of the stock market in 1929; a tracing of the evolution of the mixed economy; a consideration of why such an economy lacks long-term viability; and a suggestion of how to turn the mixed economy into a 191