The Keynes Solution
The Path to Global Economic Prosperity
Published on 18. September 2009
Book
Hardback
208 pages
978-0-230-61920-3 (ISBN)
Description
Paul Davidson challenges the thirty-year dominance of the free-market system over Keynesianism. He shows how the basic foundation of the Chicago School underlying Greenspan's policy decisions, as well as the likes of Friedman, Lucas, Scholes and Merton, led to the errors that propelled America into the worst economic crisis since the Great Depression.
Reviews / Votes
'Those looking for a more detailed policy agenda should turn to The Keynes Solution by Paul Davidson. Mr Davidson, an economist who edits the Journal of Post-Keynesian Economics, is Keynes' most faithful academic disciple. He has spent his career explaining why Keynes' insights demand a fundamental revamping of economics.' The Economist 'A constructive look at how to redesign the global financial system in the aftermath of the credit meltdown ... explores how three decades of deregulation wrecked the economic machinery and shows how we might repair the damage with measures proposed by John Maynard Keynes.' - BloombergMore details
Language
English
Place of publication
Basingstoke
United Kingdom
Target group
College/higher education
Dimensions
Height: 217 mm
Width: 145 mm
Thickness: 20 mm
Weight
312 gr
ISBN-13
978-0-230-61920-3 (9780230619203)
Copyright in bibliographic data and cover images is held by Nielsen Book Services Limited or by the publishers or by their respective licensors: all rights reserved.
Schweitzer Classification
Other editions
Additional editions
E-Book
09/2025
St. Martin's Press
€23.53
Available for download
Person
PAUL DAVIDSON is Holly Chair of Excellence in Political Economy at the University of Tennessee, Knoxville, USA. He has previously held Professorships at the University of Pennsylvania and Rutgers University. He is Editor of the Journal of Post Keynesian Economics, a former member of Brookings Economics Panel, and is the author, co-author or editor of twenty-two books and more than 200 articles. His books include Money and the Real World, Post Keynesian Macroeconomic Theory, International Money and the Real World: Economics for a Civilized Society, and Financial Markets, Money and the Real World.
Content
The Power of Ideas to Affect Policy Ideas and Policies That Created the Global Economic Crisis Keynes's Revolutionary Ideas Regarding the Potential Instability of a Capitalist System The Cost to the Global Economy in Forgetting Keynes Policies for Resolving the Current Economic Crisis International Ramifications -- Reforming The World's Trade and Money-Payments System The Need For Regulations of the Financial System and The Real Economy The Goals of a Civilized Economic Society