Keynes and the Cambridge Keynesians: a ‘Revolution in Economics’ to be Accomplished,

What was the Keynesian revolution in economics? Why did it not succeed to the extent that Keynes and his close pupils had hoped for? Keynes and the Cambridge Keynesians addresses these and other questions by tracing the historical development of Keynesian economics. This volume consists of three parts, which the author calls Book I, Book II and Book III. Book I contains the author’s Caffè Lectures on Keynes’s ‘unaccomplished revolution’. Book II is a series of biographical essays where the author, himself a witness and participant of the group on which he writes, presents the successful and unsuccessful endeavours of Keynes’s most important Cambridge pupils: Richard Kahn, Joan Robinson, Nicholas Kaldor, Piero Sraffa and Richard Goodwin. Book III looks to the future. It develops a conceptual analytical framework that makes sense of the Cambridge group as a whole, discussing the many aspects in which the Keynesian way of doing economics, as opposed to the neoclassical way, brings forward the more permanent and fertile features of Keynes’s ‘revolution in economics’.