{"product_id":"rethinking-the-keynesian-revolution-keynes-hayek-and-the-wicksell-connection-9780199846658","title":"Rethinking the Keynesian Revolution: Keynes, Hayek, and the Wicksell Connection","description":"While standard accounts of the 1930s debates surrounding economic thought pit John Maynard Keynes against Friedrich von Hayek in a clash of ideology, this reflexive dichotomy is in many respects superficial. It is the argument of this book that both Keynes and Hayek developed their respective\u003cbr\u003etheories of the business cycle within the tradition of Swedish economist Knut Wicksell, and that this shared genealogy manifested itself in significant theoretical affinities between the two supposed antagonists. The salient features of Wicksell's work, namely the importance of money, the role of\u003cbr\u003euncertainty, coordination failures, and the element of time in capital accumulation, all motivated the Keynesian and Hayekian theories of economic fluctuations. They also contributed to a fundamental convergence between the two economists during the 1930s. This shared, Wicksellian vision of\u003cbr\u003eeconomic problems points to a very different research agenda from that of the Walrasian-style, general equilibrium analysis that has dominated postwar macroeconomics. \u003cp\u003e\u003c\/p\u003eThis book will appeal to economists interested in historical perspective of their discipline, as well as historians of economic thought. The author not only deconstructs some of the historical misconceptions of the Keynes versus Hayek debate, but also suggests how the insights uncovered can inform\u003cbr\u003eand instruct modern theory. While much of the analysis is technical, it does not assume previous knowledge of 1930s economic theory, and should be accessible to academics and graduate students with general economics training.\u003cbr\u003e\u003cbr\u003e\u003cbr\u003e\u003cb\u003eAuthor:\u003c\/b\u003e Tyler Beck Goodspeed\u003cbr\u003e\u003cb\u003ePublisher:\u003c\/b\u003e Oxford University Press, USA\u003cbr\u003e\u003cb\u003ePublished:\u003c\/b\u003e 07\/02\/2012\u003cbr\u003e\u003cb\u003ePages:\u003c\/b\u003e 216\u003cbr\u003e\u003cb\u003eBinding Type:\u003c\/b\u003e Hardcover\u003cbr\u003e\u003cb\u003eWeight:\u003c\/b\u003e 0.83lbs\u003cbr\u003e\u003cb\u003eSize:\u003c\/b\u003e 8.20h x 5.60w x 0.70d\u003cbr\u003e\u003cb\u003eISBN:\u003c\/b\u003e 9780199846658\u003cbr\u003e\u003cp\u003e\u003cb\u003eAbout the Author\u003c\/b\u003e\u003cbr\u003e\u003cbr\u003eCurrently a Ph.D. candidate at Harvard University, \u003cstrong\u003eTyler Goodspeed\u003c\/strong\u003e was previously a Gates Scholar at the University of Cambridge, earning Class I* Honours for his dissertation on Keynes and Hayek. He received an A.B. with highest honors in economics and history from Harvard.\u003cbr\u003e\u003cbr\u003e\u003c\/p\u003e\u003cp\u003e\u003ci\u003eThis title is not returnable\u003c\/i\u003e\u003cbr\u003e\u003c\/p\u003e","brand":"Oxford University Press, USA","offers":[{"title":"Hardcover","offer_id":39937665073267,"sku":"9.7802E+12","price":82.0,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0555\/9255\/0515\/products\/img_f1dba29e-64d8-47c1-bbd1-30bf1d5b122a.jpg?v=1647995294","url":"https:\/\/bookstorenmore.com\/products\/rethinking-the-keynesian-revolution-keynes-hayek-and-the-wicksell-connection-9780199846658","provider":"Bookstore N More","version":"1.0","type":"link"}