The Keynesian Revolution and Its Economic Consequences: Selected Essays by Peter Clarke
'. . . it is useful to have Clarke's extensive writings on the Keynesian revolution collected together. This volume can be commended to all who are interested in economic thought or policy.'
- G.C. Peden, The Economic History Review
'I should state from the outset how much I enjoyed the book and how stimulating I found it. Where I found Clarke's work particularly valuable was in his discussion of the policy consequences of Keynes. These comprise the last three essays in particular and make fascinating reading. Peter Clarke's Keynesian Revolution and its Economic Consequences is a work of the highest scholarship. It is a study of the twentieth century's most dramatic change in economic theory in the hands of not only a first rate historian but also of a first rate English stylist. The essays are a pleasure to read and are filled with insight. The great value of Clarke's work is in bringing to the fore the surrounding historical context and institutional backdrop for events which were to influence the development of economic theory so dramatically.'
- History of Economics Review
The Keynesian Revolution and its Economic Consequences is a study of John Maynard Keynes as a publicist, expert and theorist and of the economic doctrines associated with his name. It examines the Keynesian revolution in economic theory and policy and shows how Keynesianism as a school of thought departed from the substance of Keynes's own thinking and policy prescription.
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The historical Keynes and the history of Keynesianism
between the wars
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A.C. Pigou analysis argued argument balanced budget Bank Rate Barry Supple Britain British Economic Cambridge capital chapter cheap money claim concept consumption deficit disequilibrium doctrine draft Econ Economic Advisory Council economic policy economists effective demand equilibrium essay evidence expenditure exports fallacy fallacy of composition finance fiscal full employment Gold Standard Harrod Hawtrey Hayek Henderson historians historical Keynes Hobson Hopkins Ibid ideas income Industry inflation influence intellectual interest rates J.A. Hobson J.M. Keynes James Meade Joan Robinson John Maynard Keynes Kahn Keynes's Keynesian economics Keynesian Revolution lecture Leith-Ross Liberal liquidity preference Lloyd George Macmillan Committee macroeconomic Meade Milgate Moggridge National output Oxford Patinkin Pigou political post-war problem proposals remedy Robert Skidelsky role saving and investment sense sinking fund Skidelsky slump social Susan Howson tariffs theoretical theory of effective Treasury View Treasury's Treatise on Money unemployment wages White Paper