Alan Shipman: Wynne Godley | Buch

Cover: 9783030122881 | Wynne Godley | A Biography | Alan Shipman | Buch | xv | Englisch

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Beschreibung

This timely biography of the economist Wynne Godley (1926-2010) charts his long and often crisis-blown route to a new way of understanding whole economies. It shows how early frustrations as a policy-maker enabled him to glimpse the cliff-edges other macro-modellers missed, and re-arm ¿Keynesian¿ theory against the orthodoxy that had tried to absorb it. Godley gained notoriety for his economic commentaries - foreseeing the malaise of the 1970s, the Reagan-Thatcher slump, the unsustainable 1980s and 1990s booms, and the crises in the Eurozone and world economies after 2008. This foresight arose from a series of advances in his understanding of national accounting, price-setting, the role of modern finance, and the use of economic data, especially to grasp the interlinkage of stocks and flows. This biography also gives due attention to Godley's life outside academic economics ¿ including his chaotic childhood, truncated career as a professional oboist, equally brief stints as a sculptor¿s model and economist in industry, and a longer spell as as a Treasury adviser with a mystery gift for forecasting.

This first full-length biography traces Wynne Godley¿s long career from professional musician to public servant, policymaker, tormentor of conventional macroeconomics and creator of a workable alternative ¿ all after escaping a childhood of decaying mansions and draconian schools, and rescuing his private world from the legacy of two Freuds. Drawing on Godley¿s published and unpublished work and extensive interviews with those who knew him, the author explores Godley's improbable life and explains the lasting significance of his work.

Über den Autor

Alan Shipman studied economics at Cambridge in Wynne Godley's shadow, and realised how the subject had needed his insights on returning to it after the Global Financial Crisis. Now a lecturer in economics at the Open University, his previous books include Capitalism Without Capital: Accounting for the Crash (Palgrave Macmillan, 2015).

Zusammenfassung

Presents the first full biography of Wynne Godley

Contextualises Godley's contributions to economics, whilst also taking into account his excursions into other activities and the way these affected his intellectual role

Describes, for the first time, the development of an approach to macroeconomics which is now coming to be dominant in Post-Keynesian economics

Inhaltsverzeichnis

1. Life Before Economics 1926-1955.- 2. Under Treasury Rules 1956-64.- 3. Short-term Forecasting.- 4. Public Expenditure.- 5. Planning, Tax Reform and Structural Change.- 6. Gatecrashing the Cambridge Tradition.- 7. Public Expenditure Revisited.- 8. Sector Balances and 'New Cambridge'.- 9. Balance-of-Payments, Deindustrialisation and Protection.- 10. Spectating on Thatcher and Major.- 11. "Macroeconomics".- 12. The SSRC Showdown.- 13. Wilderness and Wisdom.- 14. Cassandra Across the Atlantic.- 15. The Long Road to Redemption.- 16. Monetary Economics and After.- 17. The True Self.

Details

Erscheinungsjahr:	2019
Fachbereich:	Volkswirtschaft
Genre:	Recht , Sozialwissenschaften , Wirtschaft
Rubrik:	Recht & Wirtschaft
Medium:	Buch
Inhalt:	xv 318 S. 2 s/w Illustr. 1 farbige Illustr. 318 p. 3 illus. 1 illus. in color.
ISBN-13:	9783030122881
ISBN-10:	3030122883
Sprache:	Englisch
Herstellernummer:	978-3-030-12288-1
Einband:	Gebunden
Autor:	Shipman, Alan
Auflage:	1st edition 2019
Hersteller:	Springer International Publishing
Verantwortliche Person für die EU:	Springer Verlag GmbH, Tiergartenstr. 17, D-69121 Heidelberg, juergen.hartmann@springer.com
Maße:	216 x 153 x 23 mm
Von/Mit:	Alan Shipman
Erscheinungsdatum:	11.04.2019
Gewicht:	0,548 kg

Artikel-ID: 115129178