ABSTRACT
The Great Depression of the 1930s with its dramatic unemployment rates was one of the most striking economic events of the past century. It shook economists' beliefs in the existence of self-adjusting forces and prompted Keynes to write his masterwork, The General Theory of Employment, Interest and Money. Involuntary unemployment was the central co
TABLE OF CONTENTS
part |2 pages
PART I Conceptual prerequisites
part |2 pages
PART II Involuntary unemployment in Keynes’ The General Theory
part |2 pages
PART III IS-LM macroeconomics
part |2 pages
PART IV Reconstructing Keynesian economics: The disequilibrium approach
part |2 pages
PART V The anti-Keynesian offensive
part |2 pages
PART VI The New Keynesian counter-attack