In his attempt to reshape the world order during the Great Depression, Keynes argued for a new international convention that would rely on multiple needs: an international currency, a stable exchange rate system, redistribution of international reserves, stabilising mechanisms, sources of liquidity, and a central institution to aid and support other international institutions related to the planning and regulation of the world’s economic life. He also cogently diagnosed the causes of unemployment and the potential for instability.
We invite papers on the relevance of Keynes during a new global crisis. The objective of this special issue is to investigate the importance of Keynes’ ideas and proposals in order to deepen the understanding of the current crisis and to chart a way forward. Early submissions are most welcome.
Suitable topics include but are not limited to:
- Keynes and the critique of contemporary capitalism
- How should we read The General Theory in the twenty-first century?
- How should we teach Keynes to today's students?
- What aspects of Keynes' ideas can help build pluralist economics?
- Keynes' background: Marshall and Cambridge
- Is Keynes' policy agenda compatible with ecological sustainability?
- Keynes versus Hayek: the great debate of the twenty-first century?
- The labour market and trade unions in a Keynesian approach
- Keynes versus Friedman: is the debate still alive?
- Keynes and the interwar period
- Money, interest rates and employment: from the Treatise to the General Theory
- Keynes' financial theory of investment and the open economy
- Entrepreneurs and animal spirits in the Keynesian framework
- Foundations of the Keynesian theory of wealth, money, capital and finance
- Rationality and uncertainty under a Keynesian approach of decision making in monopolistic capitalism
- Who was Keynes and what was his philosophical background? Who were his major influences?
- Keynes' vision on government planning and regulation
- The central bank and big government in the context of Keynesian stabilisation policies
- How can we use the policy recommendations of Keynes to help chart a path forward in the aftermath of the current crisis?
- Which of Keynes' ideas more sharply elucidate the weaknesses of mainstream economics?
- Keynes' ideas on business cycles and stabilisation policies in a changing economic order
- Keynes and the cure for unemployment
- Dissemination of Keynes' theoretical contribution. The relevancy of Keynes' other works
- Prices, debt and fiscal policy in the Keynesian theoretical revolution
- Effective demand, income growth and distribution in Keynes' theoretical approach
Deadline for papers: 30 January, 2013
Decisions announced: 1 March, 2013
Final version of papers due: 30 May, 2013
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