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J.M.Keynes's ‘Revolution’ – the major event of twentieth-century economics?

  • Luigi Lodovico Pasinetti

Research output: Chapter in Book/Report/Conference proceedingChapter

Abstract

As the twentieth century draws towards its end, it is natural for economic historians to look back and try to assess the major breakthroughs that have taken place. In spite of criticisms, hesitations and attacks, John Maynard Keynes remains a giant among economists of the twentieth century. The chapter aims to review Keynes’s novel economic theory which can be seen as a ‘revolution’.
Original languageEnglish
Title of host publicationThe Impact of Keynes on Economics in the 20th Century
EditorsLUIGI LODOVICO PASINETTI, Bertram Schefold
Pages3-15
Number of pages13
Publication statusPublished - 1999

Keywords

  • Keynesian revolution
  • alternative paradigms
  • theory of a monetary production economy

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