so Keynes is back,… and the laissez-faire over…
The recent review of three books about Keynes’ ideas by the Economist is a timely prompt to:
a – read about John Maynard to understand his legacy, and
b – discover the work of sir Robert Skidelsky: http://www.skidelskyr.com
Skidlesky wants a more holistic teaching of economics that plays down maths. In the policy world, he wants to “restrict the role of finance” and set up a more managed global economy.
How this can be implemented is the challenge.
An direction for further thinking might be to research beyond the ‘traditional’ economists and discover the work of philosophers, sociologists or unorthodox economists such as : Nitzan and Bichler or Ostrom (2009 Nobel Prize).
Hello you… have we met before?….
The three books reviewed by The Economist :
- Keynes: The Twentieth Century’s Most Influential Economist. By Peter Clarke. Bloomsbury; 224 pages; £16.99. To be published in America in November. Buy from Amazon.co.uk
- Keynes: The Return of the Master. By Robert Skidelsky. PublicAffairs; 240 pages; $25.95. Allen Lane; £20. Buy from Amazon.com
- The Keynes Solution: The Path to Global Economic Prosperity. By Paul Davidson. Palgrave Macmillan; 208 pages; $21.95 and £14.99. Buy from Amazon.com