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Journal of Economic Literature - Book Review

JEL Volume. 50, Issue 2 | leftPrevious Review Next Review right

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Book(s) Reviewed

Maynard's Revenge: The Collapse of Free Market Macroeconomics by Lance Taylor

Published By: Cambridge and London: Harvard University Press
ISBN: 978-0-674-05046-4
Date of Publication: 2010


Book Review Detail

Reviewed by: Gerald Epstein of University of Massachusetts, Amherst
Review DOI: 10.1257/jel.50.2.513.r11
Review Pages: 532-41

Book Review Abstract

Gerald Epstein of University of Massachusetts, Amherst reviews "Maynard's Revenge: The Collapse of Free Market Macroeconomics" by Lance Taylor. The EconLit abstract of the reviewed work begins: Explores the relevance of John Maynard Keynes's version of macroeconomics to understanding the global crisis of 2007–09. Discusses macroeconomics; macroeconomic thought during the long nineteenth century; the gold standard, reparations, mania, crash, and depression; Keynes ascendant; Keynesian growth, cycles, and crisis; the counterrevolution; finance; the international dimension; and Keynesianism and the crisis. Taylor is Arnhold Professor of International Cooperation and Development at the New School for Social Research. Index.


Book Review Full-Text Access

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Book Review Authors

Gerald Epstein of University of Massachusetts, Amherst


JEL Classifications

B13: History of Thought: Neoclassical through 1925 (includes Austrian, Marshallian, Walrasian)
B22: History of Thought: Macroeconomics
B31: History of Thought: Individuals
E12: General Aggregative Models: Keynes; Keynesian; Post-Keynesian
G01: Financial Crises


Journal of Economic Literature



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