Keynes’s General Theory for Today

Edited by Jesper Jespersen, Professor of Economics, Roskilde University and Adjunct Professor, Aalborg University, Denmark and Mogens Ove Madsen, Associate Professor of Economics, Aalborg University, Denmark

• Contents:Introduction Jesper Jespersen and Mogens Ove Madsen1. The General Theory: A Neglected Work?! M.G. Hayes2. The Final Death and Next Life of Maynard KeynesJames Galbraith3. The Crisis in Macro and the Limitations of the Economics of Keynes – or Why the Master will not Return Unless his General Theory is Dressed up in Neo-modern ClothesTeodoro Dario Togati4. Keynes on Method: Is Economics a Moral Science?Michael Lainé5. A New Methodological Approach to Economic Theory: What I Have Learnt from 30 Years of Research on KeynesAnna Carabelli6. Keynes’s Early Cognition of the Concept of TimeMogens Ove Madsen7. When Keynes and Minsky Meet Mandelbrot. . . Stefan Voss8. Keynes’s General Theory After 75 Years: Time to Re-read and ReflectJesper Jespersen9. The General Theory After the Sub-prime Crisis: A Minskyan PerspectiveElisabetta De Antoni10. Keynes’s Views in Financing Economic Growth: The Role of Capital Markets in the Process of FundingNoemi Levy-Orlik11. Nothing Learned from the Crisis? Some Remarks on the Stability Programmes 2011–2014 of the Euro Area GovernmentsGregor Semieniuk, Till van Treeck and Achim Truger12. European Economic Policy and the Problem of Current Account Imbalances: The Case of Germany and SpainJorge Uxó, Jesús Paúl and Eladio FebreroIndex

'At a time of renewed interest in Keynes, this volume provides an illuminating and forward-looking collection of papers. They explain the meaning of Keynes's great contribution and also show how that contribution can be developed further for application to modern economic policy issues. Most important, the papers explain the ways in which Keynes's methodological approach is so different from that which continues to dominate mainstream economics and how productive it would be if that approach were applied to our modern experience.'