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The return of Keynes

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  • ciani scarnicci, manuela

Abstract

Skidelsky’s last work « The Return of the Master” gives a new perspective to his previous studies about J.M. Keynes. In this new light, he studies the Keynesian theories, no longer in the historical context in which they were developed, but using them to explain and to try to find a solution to modern economy. This work almost represents a denunciation towards the new economic theory system that loses sight of the importance of the uncertainty, and overestimated the value of currency, and have not considered other values such as ethics and morals.

Suggested Citation

  • ciani scarnicci, manuela, 2010. "The return of Keynes," MPRA Paper 35128, University Library of Munich, Germany.
  • Handle: RePEc:pra:mprapa:35128
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    File URL: https://mpra.ub.uni-muenchen.de/35128/1/MPRA_paper_35128.pdf
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    References listed on IDEAS

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    2. Daniel Heuermann, 2011. "Human Capital Externalities in Western Germany," Spatial Economic Analysis, Taylor & Francis Journals, vol. 6(2), pages 139-165.
    3. Moretti, Enrico, 2004. "Estimating the social return to higher education: evidence from longitudinal and repeated cross-sectional data," Journal of Econometrics, Elsevier, vol. 121(1-2), pages 175-212.
    4. Roback, Jennifer, 1982. "Wages, Rents, and the Quality of Life," Journal of Political Economy, University of Chicago Press, vol. 90(6), pages 1257-1278, December.
    5. Kirby, Simon & Riley, Rebecca, 2008. "The external returns to education: UK evidence using repeated cross-sections," Labour Economics, Elsevier, vol. 15(4), pages 619-630, August.
    6. N. Gregory Mankiw & David Romer & David N. Weil, 1992. "A Contribution to the Empirics of Economic Growth," The Quarterly Journal of Economics, Oxford University Press, vol. 107(2), pages 407-437.
    7. Liu, Zhiqiang, 2007. "The external returns to education: Evidence from Chinese cities," Journal of Urban Economics, Elsevier, vol. 61(3), pages 542-564, May.
    8. Alberto Dalmazzo & Guido Blasio, 2007. "Social returns to education in Italian local labor markets," The Annals of Regional Science, Springer;Western Regional Science Association, vol. 41(1), pages 51-69, March.
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    Cited by:

    1. Ciani Scarnicci, Manuela, 2012. "Economics and ethics: a historical approach," MPRA Paper 38713, University Library of Munich, Germany.

    More about this item

    Keywords

    the return of Keynes's Theory;

    JEL classification:

    • A13 - General Economics and Teaching - - General Economics - - - Relation of Economics to Social Values
    • A11 - General Economics and Teaching - - General Economics - - - Role of Economics; Role of Economists

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