Keynes and the Cambridge Keynesians: A 'Revolution in Economics' to be Accomplished

by Luigi L. Pasinetti

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. The book is split into three parts. Part I contains the author's Caffè Lectures on Keynes's 'unaccomplished revolution'. Part 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 Richard Kahn, Joan Robinson, Nicholas Kaldor, Pierro Sraffa and Richard Goodwin. Part III of the book looks to the future by developing a conceptual analytical framework that makes sense of Keynes's 'revolution in economics', discussing the many ways in which the Keynesian way of doing economics is incompatible with the neoclassical tradition.

Genres: Economics

412 pages, Hardcover

First published July 1, 2007

Reviews

[Gabriele Coppini · Rating 3 out of 5]

abbastanza tecnico, per accademici

[Lorenzo Carrieri · Rating 5 out of 5]

Great journey across the Keynesian revolution in macroeconomics, with the author touching upon the main characters and their contributions