Pigou E A Revolução Keynesiana
Abstract
This paper contemplates the evolution of Pigou's stance towards the Keynesian Revolution. Preliminarily, a brief contrast between his and Keynes's approach to the problem of unemployment is made. After that, Pigou's first reactions to The General Theory are presented, along with the rejoinder from the Keynesian camp. In the sequence, the emergence of the "Pigou effect" in the context of the classical stationary state long run equilibrium is reconstituted, as well as the body of criticism to such mechanism formulated by many economists at that time. In the end, Pigou's last assessment of Keynes's contribution to economic theory is retrieved, comparing it to his initial impressions on the advance of Keynesianism in the academic world.Download Info
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Paper provided by ANPEC - Associação Nacional dos Centros de Pósgraduação em Economia [Brazilian Association of Graduate Programs in Economics] in its series Anais do XXXIII Encontro Nacional de Economia [Proceedings of the 33th Brazilian Economics Meeting] with number 011.Length:
Date of creation: 2005
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Handle: RePEc:anp:en2005:011
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Keywords:Other versions of this item:
- Arthmar, Rogério, 2006. "Pigou e a revolução keynesiana," Revista Economia e Sociedade, Instituto de Economia, Universidade Estadual de Campinas (UNICAMP), vol. 25, pages 21, January.
- B20 - Schools of Economic Thought and Methodology - - History of Economic Thought since 1925 - - - General
- B22 - Schools of Economic Thought and Methodology - - History of Economic Thought since 1925 - - - Macroeconomics
- B31 - Schools of Economic Thought and Methodology - - History of Economic Thought: Individuals - - - Individuals
This paper has been announced in the following NEP Reports:
- NEP-ALL-2005-12-01 (All new papers)
- NEP-HPE-2005-12-01 (History & Philosophy of Economics)
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