Franco Modigliani and Keynesian Economics: Theory, Facts and Policy (Perspectives in Economic and Social History)

Synopsis

This book follows the intellectual path of Franco Modigliani, Nobel Prize winner and one of the most influential Keynesian economists of the twentieth century, tracing his development and examining the impact of his research. The book begins with Modigliani’s early work as a young law student in 1930s Italy and traces his development through his emigration to the US, his introduction to Keynes’ General Theory at the New School, and his seminal 1944 article on Keynesian and classical economics. The book also examines Modigliani’s pioneering theory of savings: the life-cycle hypothesis (with Richard Brumberg), and the Modigliani–Miller theorem, a cornerstone of modern theory of finance. The book argues that although Modigliani is placed amongst the most prominent Keynesian economists, his connections with Keynesian theory are of secondary importance until the beginning of the 1960s when he joined MIT. This is the first book to place Modigliani’s thought in its proper historical context, showing how it related to wider economic concerns and examining the social and political implications of his work. It will be of interest to scholars in the history of economic thought, and especially post-war American Keynesian economics.

Copyright:

2020

Book Details

Book Quality:

Publisher Quality

ISBN-13:

9781000069662

Related ISBNs:

9781003047032, 9781848935013, 9781848935013, 9780367497019, 9780367497019

Publisher:

Taylor and Francis

Date of Addition:

06/13/20

Copyrighted By:

Antonella Rancan. The right of Antonella Rancan to be identified as author of this work has been asserted by her in accordance with sections

Adult content:

No

Language:

English

Has Image Descriptions:

No

Categories:

History, Nonfiction, Business and Finance

Submitted By:

Bookshare Staff

Usage Restrictions:

This is a copyrighted book.