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Palgrave Macmillan

The Eclipse of Keynesianism

The Political Economy of the Chicago Counter-Revolution

  • Book
  • © 2000

Overview

Authors:
  1. Robert Leeson

    1. Murdoch University, Murdoch, Australia

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Table of contents (7 chapters)

  1. Front Matter

    Pages i-vii
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  2. Introduction

    • Robert Leeson
    Pages 1-10

  3. ‘The Ghosts I Called I Can’t Get Rid of Now’: the Keynes-Tinbergen- Friedman-Phillips Critique of Keynesian Macroeconometrics

    • Robert Leeson
    Pages 11-44

  4. The Chicago Counter-Revolution and the Sociology of Economic Knowledge

    • Robert Leeson
    Pages 45-72

  5. The Rise of the Natural-Rate of Unemployment Model

    • Robert Leeson
    Pages 73-90

  6. Does the Expectations Trap Render the Natural-Rate Model Invalid in the Disinflationary Zone?

    • Robert Leeson
    Pages 91-96

  7. Language and Inflation

    • Robert Leeson
    Pages 97-110

  8. Friedman and the Walrasian Equations of the Natural-Rate Counter-Revolution

    • Robert Leeson
    Pages 111-130

  9. Back Matter

    Pages 131-182
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Keywords

About this book

This book examines the process by which Keynesianism, with its sympathetic view of the role of government in the economy and society, lost influence amongst economists and policy makers and was replaced by more negative views about government intervention and more positive views about the role of the market as a social organiser.

Authors and Affiliations

  • Murdoch University, Murdoch, Australia

    Robert Leeson

About the author

ROBERT LEESON is Senior Lecturer in Economics at Murdoch University. He has held visiting positions at Cambridge University, the London School of Economics and the Hoover Institution, Stanford University. He has published widely in journals such as the Economic Journal, Economica, the Cambridge Journal of Economics, Urban Studies and the History of Political Economy.

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