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Keynes: Useful Economics for the World Economy
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Keynes: Useful Economics for the World Economy Hardcover - 2014

by Peter Temin; David Vines


From the publisher

Why Keynes is relevant to today's global economic crisis, and how Keynesian ideas can point the way to renewed economic growth.

As the global economic crisis continues to cause damage, some policy makers have called for a more Keynesian approach to current economic problems. In this book, the economists Peter Temin and David Vines provide an accessible introduction to Keynesian ideas that connects Keynes's insights to today's global economy and offers readers a way to understand current policy debates. They survey economic thinking before Keynes and explain how difficult it was for Keynes to escape from conventional wisdom. They also set out the Keynesian analysis of a closed economy and expand the analysis to the international economy, using a few simple graphs to present Keynes's formal analyses in an accessible way. Finally, they discuss problems of today's world economy, showcasing the usefulness of a simple Keynesian approach to current economic policy choices. Keynesian ideas, they argue, can lay the basis for a return to economic growth.

Details

  • Title Keynes: Useful Economics for the World Economy
  • Author Peter Temin; David Vines
  • Binding Hardcover
  • Edition First Printing
  • Pages 117
  • Volumes 1
  • Language ENG
  • Publisher MIT Press, Cambridge
  • Date 2014
  • Illustrated Yes
  • ISBN 9780262028318 / 026202831X
  • Weight 0.77 lbs (0.35 kg)
  • Dimensions 9.54 x 6.04 x 0.67 in (24.23 x 15.34 x 1.70 cm)
  • Ages 18 to UP years
  • Grade levels 13 - UP
  • Library of Congress Catalog Number 2014010637
  • Dewey Decimal Code 330.156

About the author

Peter Temin is Elisha Gray II Professor Emeritus of Economics at MIT and the author of Lessons from the Great Depression (MIT Press) and other books. David Vines is Professor of Economics and Fellow of Balliol College at the University of Oxford, and joint editor of a number of books on global economic governance. Temin and Vines are coauthors of The Leaderless Economy: Why the World Economic System Fell Apart and How to Fix It.

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