255
Views
0
CrossRef citations to date
0
Altmetric
Articles

Keynes on Economic Stagnation and Debt

References

  • Acemoglu, D., and J. Robinson. 2012. Why Nations Fail: The Origins of Power, Prosperity and Poverty. New York, NY: Crown.
  • Acharya, V., and M. Richardson, eds. 2009. Restoring Financial Stability: How to Repair a Failed System. Hoboken, NJ: John Wiley & Sons.
  • Ackley, Gardner. 1961. Macroeconomic Theory. New York, NY: Macmillan.
  • Amy, D. J. 2011. Government is Good: An Unapologetic Defense of a Vital Institution. Indianapolis, IN: Dog Ear Publishing.
  • Backhouse, R. E., and M. Boianovsky. 2016. “Secular Stagnation: The History of a Macroeconomic Heresy.” The European Journal of the History of Economic Thought 23 (6) :946–70. doi:https://doi.org/10.1080/09672567.2016.1192842.
  • Bair, S. 2012. Bull by the Horns: Fighting to save Main Street from Wall Street and Wall Street from Itself. New York, NY: Free Press.
  • Beckert, S. 2015. Empire of Cotton: A Global History. New York, NY: Vintage Books.
  • Bernanke, B. S. 2000. Essays on the Great Depression. Princeton, NJ: Princeton University Press.
  • Black, W. K. 2013. The Best Way to Rob a Bank is to Own One: How Corporate Executives and Politicians Looted the S&L Industry. Austin, TX: University of Texas Press.
  • Blackford, G. H. 2018. “Where Did All the Money Go? How Lower Taxes, Less Government, and Deregulation Redistribute Income and Create Economic Instability, Second Edition.” Amazon.com: https://www.amazon.com/Where-Did-All-Money-Deregulation/dp/1986113965
  • Blackford, G. H. 2019. “Ideology Versus Reality.” In Essays on Political Economy: Volume II: Ideology, ed. G. H. Blackford, 34–77. Amazon.com: https://www.amazon.com/Essays-Political-Economy-II-Ideology-ebook/dp/B07MLNCXRR.
  • Blackford, G. H. 2020a. “The Theory of Interest: Robertson versus Keynes and the Long-period Problem of Saving and Debt, Third Edition.” Amazon.com: https://www.amazon.com/Theory-Interest-Robertson-Long-Period-Problem-ebook/dp/B083RZHNW6
  • Blackford, G. H. 2020b. “Causality in Keynes’ General Theory.” In Essays on Political Economy: Volume III: Keynes, edited by G. H. Blackford, 34–77. Amazon.com: https://www.amazon.com/dp/B083RYZS6D/ref=dp-kindle-redirect?_encoding=UTF8&btkr=1.
  • Blackford, G. H. 2020c. “Robertson Versus Keynes: Short-Period Problem of Saving.” In Essays on Political Economy: Volume III: Keynes, edited by G. H. Blackford, 78–109. Amazon.com: https://www.amazon.com/dp/B083RYZS6D/ref=dp-kindle-redirect?_encoding=UTF8&btkr=1.
  • Blanchard, O. J., D. Romer, A. M. Spence, and J. E. Stiglitz, eds. 2012. In the Wake of the Crisis. Leading Economists Reassess Economic Policy. Cambridge, MA: MIT Press.
  • Boyer, R. O., and H. M. Morais. 1979. Labor’s Untold Story: The Adventure Story of the Battles, Betrayals and Victories of American Working Men and Women. New York, NY: United Electrical, Radio & Machine Workers of America.
  • Bullock, A. 1952. A Study in Tyranny. New York, NY: Harper.
  • Council of Economic Advisors. 2013. Economic Report of the President. Washington DC: Government Printing Office.
  • Crotty, J. R. 1980. “Post-Keynesian Economic Theory: An Overview and Evaluation.” American Economic Review, Papers and Proceedings 70 :20–5.
  • Crotty, J. R. 2002. “Why There Is Chronic Excess Capacity.” Challenge 45 :21–44.
  • Crotty, J. R. 2009. “Structural Causes of the Global Financial Crisis: A Critical Assessment of the ‘New Financial Architecture.” Cambridge Journal of Economics 33 (4) :563–80. doi:https://doi.org/10.1093/cje/bep023.
  • De Antoni, E. 2010. “Minsky, Keynes, and Financial Instability: The Recent Subprime Crisis.” International Journal of Political Economy 39 (2) :10–25. doi:https://doi.org/10.2753/IJP0891-1916390202.
  • Delong, J. B., L. H. Summers, M. Feldstein, and V. A. Ramey. 2012. “Fiscal Policy in a Depressed Economy [with Comments and Discussion].” Brookings Papers on Economic Activity 2012 (1) :233–97. doi:https://doi.org/10.1353/eca.2012.0000.
  • Domhoff, G. W. 2013. The Myth of Liberal Ascendancy: Corporate Dominance from the Great Depression to the Great Recession. Boulder, CO: Paradigm Publishers.
  • Diebolt, C., and F. Perrin. 2015. “From Stagnation to Sustained Growth: The Role of Female Empowerment.” American Economic Review 105 (5) :545–9.
  • Eggertsson, G. B., N. R. Mehrotra, and L. H. Summers. 2016. “Secular Stagnation in the Open Economy.” American Economic Review 106 (5) :503–7. doi:https://doi.org/10.1257/aer.p20161106.
  • Eichengreen, B. 2015. “Secular Stagnation: The Long View.” American Economic Review 105 (5):66–70. doi:https://doi.org/10.1257/aer.p20151104.
  • FCIC 2011. The Financial Crisis Inquiry Report, Authorized Edition: Final Report of the National Commission on the Causes of the Financial and Economic Crisis in the United States. New York, NY: Public Affairs.
  • FDIC 1997. History of the Eighties: Lessons for the Future. Washington, DC: Federal Deposit Insurance Corporation.
  • Fisher, I. 1932. Booms and Depressions. London: G. Allen and Unwin.
  • Friedman, M., and A. J. Schwartz. 1963. A Monetary History of the United States, 1867–1960. Princeton, NJ: Princeton University Press.
  • Garcia, Gillian, Lindgren Carl-Johan, and Matthew I. Saal. 1996. Bank Soundness and Macroeconomic Policy. Washington, DC: International Monetary Fund.
  • Giraud, Y. 2014. “Negotiating the ‘Middle-of-the-Road’ Position: Paul Samuelson, MIT, and the Politics of Textbook Writing, 1945–55.” History of Political Economy 46 (Supplement 1) :134–52. doi:https://doi.org/10.1215/00182702-2716145.
  • Gordon, R. J. 2015. “A Supply-Side View.” American Economic Review 105 (5) :54–9. doi:https://doi.org/10.1257/aer.p20151102.
  • Graeber, D. 2011. Debt: The First 5,000 Years. Brooklyn, NY: Melville House.
  • Hansen, A. H. 1934. “Capital Goods and the Restoration of Purchasing Power.” Proceedings of the Academy of Political Science 16 (1) :11–9. doi:https://doi.org/10.2307/1172387.
  • Hansen, A. H. 1938. Full Recovery or Stagnation? New York, NY: Norton.
  • Hansen, A. H. 1939. “Economic Progress and Declining Population Growth.” American Economic Review 29 (1) :1–15.
  • Hansen, A. H. 1953. A Guide to Keynes. New York, NY: McGraw Hill.
  • Hayes, M. G. 2006. The Economics of Keynes: A New Guide to the General Theory. London: Edward Elgar.
  • Johnson, H. 2006. The Age of Anxiety: McCarthyism to Terrorism. Orlando, FL: Harcourt, Inc.
  • Keynes, J. M. 1936. The General Theory of Employment, Interest, and Money. New York, NY: Harcourt, Brace and Co.
  • Kindleberger, C. P. 1986. The World in Depression, 1929–1939. Revised and Enlarged ed. Berkley, CA: University of California Press.
  • Klein, L. R. 1966. The Keynesian Revolution. New York, NY: Macmillan.
  • Klein, N. 2007. The Shock Doctrine: The Rise of Disaster Capitalism. Toronto, Canada: Alfred A. Knopf.
  • Levin, C., and T. Coburn. 2011. Wall Street and the Financial Crisis: Anatomy of a Financial Collapse. Washington, DC: Permanent Subcommittee on Investigations.
  • Lindert, P. H. 2004/5. Growing Public: Social Spending and Economic Growth Since the Eighteenth Century, Volume 1 and Volume 2. Cambridge: Cambridge University Press.
  • MacKay, C. 1841. Extraordinary Popular Delusions and the Madness of Crowds. New York, NY: Harmony.
  • Mian, A., and A. Sufi. 2014. House of Debt: How They (and You) Caused the Great Recession, and How We Can Prevent It from Happening Again. Chicago: University of Chicago Press.
  • Minsky, H. P. 1986. Stabilizing an Unstable Economy. New Haven, CT: Yale University Press.
  • Minsky, H. P. 1992. “The Financial Instability Hypothesis: An Interpretation of Keynes and an Alternative to ‘Standard’ Theory.” Nebraska Journal of Economics and Business 16 (1) :5–16.
  • Piketty, T. 2014. Capital in the Twenty-First Century. Translated by A. Goldhammer. Cambridge, MA: Harvard University Press.
  • Polanyi, K. 1944. The Great Transformation: The Political and Economic Origins of Our Time. Boston, MA: Beacon Press.
  • Reinhart, C. M., and K. S. Rogoff. 2009. This Time is Different: Eight Centuries of Financial Folly. Princeton, NJ: Princeton University Press.
  • Robertson, D. H. 1936. “Some Notes on Mr. Keynes’ General Theory of Employment.” The Quarterly Journal of Economics 51 (1) :168–91. doi:https://doi.org/10.2307/1882506.
  • Rodrik, D. 2011. The Globalization Paradox: Democracy and the Future of the World Economy. New York, NY: W.W. Norton & Co.
  • Rodrik, D. 2014. “Good and Bad Inequality.” Project Syndicate. https://www.project-syndicate.org/commentary/equality-economic-growth-tradeoff-by-dani-rodrik-2014-12?barrier=accesspaylog
  • Roubini, N., and S. Mihm. 2010. Crisis Economics: A Crash Course in the Future of America. New York, NY: Penguin Press.
  • Sachs, J. D. 2008. Common Wealth: Economics for a Crowded Planet. New York, NY: Penguin Press.
  • Samuelson, P. A. 1948. Economics. New York, NY: McGraw-Hill Book Company.
  • Seccareccia, M. 2011. “The Role of Public Investment as Principal Macroeconomic Tool to Promote Long-Term Growth: Keynes’s Legacy.” International Journal of Political Economy 40 (4) :62–82. doi:https://doi.org/10.2753/IJP0891-1916400403.
  • Seccareccia, M., and L.-P. Rochon. 2020. “What Have We Learned from the COVID-19 Crisis? Domestic and International Dimensions and Policy Options for a Post-Coronavirus World: Introduction.” International Journal of Political Economy 49 (4) :261–4. doi:https://doi.org/10.1080/08911916.2020.1857588.
  • Shirer, W. L. 1960. The Rise and Fall of the Third Reich; a History of Nazi Germany. New York, NY: Simon and Schuster.
  • Stewart, J. B. 1992. Den of Thieves. New York, NY: Simon & Schuster.
  • Stiglitz, J. E. 2014. “Reconstructing Macroeconomic Theory to Manage Economic Policy.” NBER Working Paper No. 20517.
  • Summers, L. H. 2014. “U. S. Economic Prospects: Secular Stagnation, Hysteresis, and the Zero Lower Bound.” Business Economics 49 (2) :65–72. doi:https://doi.org/10.1057/be.2014.13.
  • Summers, L. H. 2015. “Demand Side Secular Stagnation.” American Economic Review 105 (5):60–5. doi:https://doi.org/10.1257/aer.p20151103.
  • Teulings, C., and R. Baldwin, Eds. 2014. Secular Stagnation: Facts, Causes and Cures. A VoxEU.org eBook. United Kingdom: CEPR Press.
  • Tily, G. 2010. Keynes Betrayed: The General Theory, the Rate of Interest and ‘Keynesian’ Economics. New York, NY: Palgrave Macmillan.
  • Tropeano, D. 2010. “The Current Financial Crisis, Monetary Policy, and Minsky’s Structural Instability Hypothesis.” International Journal of Political Economy 39 (2) :41–57. doi:https://doi.org/10.2753/IJP0891-1916390204.
  • Wisman, J. D. 2013. “Wage Stagnation, Rising Inequality and the Financial Crisis of 2008.” Cambridge Journal of Economics 37 (4) :921–45. doi:https://doi.org/10.1093/cje/bes085.
  • Wray, L. R. 2011. “Minsky’s Money Manager Capitalism and the Global Financial Crisis.” International Journal of Political Economy 40 (2) :5–20. doi:https://doi.org/10.2753/IJP0891-1916400201.
  • Zinn, H. 2003. A People’s History of the United States: 1492–Present. New York, NY: Harper Collins.

Reprints and Corporate Permissions

Please note: Selecting permissions does not provide access to the full text of the article, please see our help page How do I view content?

To request a reprint or corporate permissions for this article, please click on the relevant link below:

Academic Permissions

Please note: Selecting permissions does not provide access to the full text of the article, please see our help page How do I view content?

Obtain permissions instantly via Rightslink by clicking on the button below:

If you are unable to obtain permissions via Rightslink, please complete and submit this Permissions form. For more information, please visit our Permissions help page.