1st Edition

Reinterpreting The Keynesian Revolution

By Robert Cord Copyright 2013
168 Pages
by Routledge

168 Pages
by Routledge

168 Pages
by Routledge

Various explanations have been put forward as to why the Keynesian Revolution in economics in the 1930s and 1940s took place. Some of these point to the temporal relevance of John Maynard Keynes's The General Theory of Employment, Interest, and Money (1936), appearing, as it did, just a handful of years after the onset of the Great Depression, whilst others highlight the importance of more... Read more
1. Introduction  2. The Keynesian Revolution  3. Economics, Science and the Sociology of Science  i) Economics and Science  ii) Sociology of Science: Methodological Frameworks  iii) Kuhn on Scientific Revolutions  iv) Lakatos's Methodology of Scientific Research Programs  v) McCloskey's Rhetoric of Economics  vi) Morrell and Geison's Research School Approach  vii) Developments since Morrell and Geison  4. Theory Success and Failure: Macroeconomics in the 1930s and 1940s  i) Persona  ii) Reputation  iii) Recruitment or Discipleship  iv) Institutionalisation  v) Research Focus, Innovation and Testing  vi) Funding  vii) Publishing  5. Summary and Future Research

Biography

Robert Cord holds a Doctorate in Philosophy from the Department of History and Philosophy of Science at St Edmund’s College, Cambridge University.

'In summary, then, this book breaks new ground in the literature of the Keynesian revolution and what happened in the 1930s. It occupies a unique place by unifying and codifying a substantial amount of information on the period and its main actors, thereby contributing to a ‘thick’ historical narrative.' - Constantinos Repapis, St. Peter’s College , Oxford