04667cam a22004334a 4500 83056 20230410105431.0 071108s2008 maua b 001 0 eng 2007045991 (OCoLC)ocn181072640 DLC DLC BTCTA BAKER YDXCP UKM C#P BWX IXA VVC CDX EDK GBA887967 bnb 014668308 Uk 9780262162494 (hbk. : alk. paper) 0262162490 (hbk. : alk. paper) AU@ 000042368833 NZ1 12375433 (OCoLC)181072640 HB99.7 .R454r 2008 330.15/6 22 Revisiting Keynes : economic possibilities for our grandchildren / edited by Lorenzo Pecchi and Gustavo Piga. Cambridge, Mass. : MIT Press, c2008. viii, 215 p. ill. ; 24 cm. Includes bibliographical references and index. Contributors -- Acknowledgments -- Economic possibilities for our grandchildren: a twenty-first century perspective / Lorenzo Pecchi and Gustavo Piga -- 1: Economic possibilities for our grandchildren (1930) / John Maynard Keynes -- 2: Economic possibilities for our grandchildren 75 years after: a global perspective / Fabrizio Zilibotti -- 3: Toward a general theory of consumerism: reflections on Keynes's economic possibilities for our grandchildren / Joseph E Stiglitz -- 4: Whose grandchildren? / Robert Solow -- 5: Corporatism and Keynes: his philosophy of growth / Edmund S Phelps -- 6: Back to the future with Keynes / Lee E Ohanian -- 7: Spreading the bread thin on the butter / Axel Leijonhufvud -- 8: Economic well-being in a historical context / Benjamin M Friedman -- 9: Why do we work more than Keynes expected? / Richard B Freeman -- 10: Context is more important than Keynes realized / Robert H Frank -- 11: End of (economic) history / Jean-Paul Fitoussi -- 12: All the interesting questions, almost all the wrong reasons / Michele Boldrin and David K Levine -- 13: Why Keynes underestimated consumption and overestimated leisure for the long run / Gary S Becker and Luis Rayo -- 14: What is wrong in Keynes's prophecy? how the end of economics turned into the rise of the economics of social responsibility / Leonardo Becchetti -- 15: Really thinking long run: Keynes's other masterpiece / William J Baumol -- Index. From the Publisher: In 1931 distinguished economist John Maynard Keynes published a short essay, "Economic Possibilities for Our Grandchildren," in his collection Essays in Persuasion. In the essay, he expressed optimism for the economic future despite the doldrums of the post-World War I years and the onset of the Great Depression. Keynes imagined that by 2030 the standard of living would be dramatically higher; people, liberated from want (and without the desire to consume for the sake of consumption), would work no more than fifteen hours a week, devoting the rest of their time to leisure and culture. In Revisiting Keynes, leading contemporary economists consider what Keynes got right in his essay-the rise in the standard of living, for example-and what he got wrong-such as a shortened work week and consumer satiation. In so doing, they raise challenging questions about the world economy and contemporary lifestyles in the twenty-first century. The contributors-among them, four Nobel laureates in economics-point out that although Keynes correctly predicted economic growth, he neglected the problems of distribution and inequality. Keynes overestimated the desire of people to stop working and underestimated the pleasures and rewards of work-perhaps basing his idea of "economic bliss" on the life of the English gentleman or the ideals of his Bloomsbury group friends. In Revisiting Keynes, Keynes's short essay-usually seen as a minor divertissement compared to his other more influential works-becomes the catalyst for a lively debate among some of today's top economists about economic growth, inequality, wealth, work, leisure, culture, and consumerism. Keynesian economics. Pecchi, Lorenzo, 1957- Piga, Gustavo, 1964- Table of contents only http://www.loc.gov/catdir/toc/ecip084/2007045991.html Baker and Taylor BTCP BK0007711096 Baker & Taylor BKTY 30.00 30.00 0262162490 0007711096 active YBP Library Services YANK 2805706 Blackwell Book Service BBUS R5725407 $30.00 Coutts Information Services COUT 6421691 lcc bk C0 DRFGD AAG 36629 36629 0 0 lcc 0 0 CS BJB BJB CS 2023-04-10 3 0 HB99.7 .R454r 2008 00000074362 2018-10-24 00:00:00 1 2018-10-24 bk