Encyclopedia of Keynesian Economics, Second edition

Edited by Thomas Cate, Professor of Economics (Emeritus), Northern Kentucky University, US

Acclaim for the first edition: 'The book will also be of some interest to serious scholars, partly because it includes biographies of many economists too young to have been included in the New Palgrave, such as Dornbusch, Fisher, Herschel Grossman, Kregel, Lucas, and Robert Townsend. It also includes some very interesting longer essays.'--Peter Howitt, The Economic Journal--Elizabeth Webster, Economic Record'This reviewer found using this source exhilarating and endowed with additional interest in view of the 1997 discussion on the inclusion or noninclusion of Keynesian economics in introductory economics textbooks. The editors should be applauded for helping to preserve a part of intellectual heritage.'--Bogdan Mieczkowski, American Reference Books

• Contents:Introduction to the Second EditionAbsolute Income Hypothesis Accelerator Principle Ackley, Hugh Gardner Adjustment Mechanisms of the Basic Classical and Keynesian Models Aggregate Demand–Aggregate Supply Model and Diagram Arrow, Kenneth J. Austrian School of Economics Automatic Stabilizers Balance of Payments: Keynesian and Monetarist Approaches Baumol, William J. Bloomsbury Group Boulding, Kenneth E. Bretton Woods Brown, Arthur J. Brunner, Karl Burns, Arthur F. Business Cycle Theory (I) Business Cycle Theory (II) Cagan, Phillip D.Cambridge Circus Cassel, Gustav Champernowne, David G. Chicago School of Economics Clark, Colin Classical Economics Clower, Robert W. Consumption and the Consumption Function Coordination Failures and Keynesian EconomicsCrowding Out Currie, Lauchlin Davidson, Paul Deficits: Cyclical and Structural Demand Management Depression, The Great Dillard, Dudley Domar, Evsey D. Dornbusch, Rudiger Dual Decision Hypothesis Dynamic Stochastic General Equilibrium ModelsEconometric Models, Macroeconomic Economics of Keynes and of his Revolution, Key Elements of the Economics, The Art of Edgeworth, Francis Y. Employment Act of 1946 Expectations, Theories of Fellner, William J. Fiscal Policy Fischer, Stanley Friedman, Milton Frisch, Ragnar Full Employment Budget Functional Finance Galbraith, John K. Gesell, Silvio Government Investment Programs (the Socialization of Investment) Grossman, Herschel I. Haavelmo, Trygve Hahn, Frank H. Hansen, Alvin H. Harcourt, Geoff C.Harrod, Sir Roy Hawtrey, Sir Ralph Hayek, Friedrich A. vonHeckman, James J.Heller, Walter W. Henderson, Sir Hubert D. Hicks, Sir John R. Incomes Policies Inflation Interest, Theories of International Clearing Union IS/LM Model and Diagram Johnson, Harry Gordon Jorgenson, Dale W. Kahn, Lord Richard F. Kaldor, Lord Nicholas Kalecki, MichałKeynes, John Maynard Keynes, John N. Keynes and Probability Keynes, The Influence of Burke and Moore on Keynes?, What Remains of Keynes’s Economics, National Income Accounting Activism and Keynesian Cross Keynesian Economics, Deficit Finance in Keynesian Indicators Keynesian Revolution Keynesianism in America Klein, Lawrence R. Kregel, Jan A. Kuznets, Simon Lausanne, The School of Leijonhufvud, Axel Lender of Last ResortLeontief, Wassily W. Lerner, Abba P. Life Cycle Hypothesis Lipsey, Richard G. Liquidity Trap Lucas, Jr., Robert E. Lucas Critique Lundberg, Erik Machlup, Fritz Malinvaud, Edmond Markowitz, Harry M. Marshall, Alfred Marshall and Keynes McFadden, DanielMeade, James E. Meltzer, Allan H. Merton, Robert C. and Myron S. ScholesMetzler, Lloyd A. Microfoundations of Macroeconomics Minsky, Hyman P.Modigliani, Franco Monetary Policy Monetizing the (Federal) Debt Money Multiplier Effect Mundell, Robert A. Mundell–Fleming Model Myrdal, Gunnar Neoclassical Synthesis (Bastard Keynesianism) New Classical School of Economics New Keynesian Macroeconomics Niemeyer, Sir Otto E. Ohlin, Bertil Okun, Arthur M. Okun’s Law Permanent Income Hypothesis Phillips, A.W.H. Phillips Curve Pigou, Arthur C. Post Keynesian School of Economics Post Walrasian Economics Prospect TheoryQuantity Theory of Money Real Balance Effect Relative Income Hypothesis Ricardian Equivalence Ricardo Effect Robbins, Lord Lionel Robertson, Sir Dennis H. Robinson, Joan Rothschild, Kurt W. Samuelson, Paul A. Say’s Law Schumpeter, Joseph A. Schwartz, Anna J.Shackle, G.L.S. Sharpe, William F. Solow, Robert M. Sraffa, Piero Stein, Herbert Stockholm School of Economics Stone, Sir John Richard N. Structured Financial ProductsSwan, Trevor W. Tarshis, Lorie Tobin, James Townsend, Robert Treasury View Viner, Jacob Weintraub, Sidney White, Harry D. Wicksell, Knut