scholarly journals Keynes’s Time in the Times of Capitalism

2015 ◽  
Vol 1 (1) ◽  
pp. 18-34
Author(s):  
Luiz Gonzaga Belluzzo
Keyword(s):  
General Theory ◽  
John Maynard Keynes ◽  
Political Transformations ◽  
Monetary Economy ◽  
The World ◽  
Magnum Opus ◽  
The Times

This paper aims to discuss the process of construction of the thought of John Maynard Keynes about capitalism. Therefore, it discusses the economic, social and political transformations undergone in the world, in general, and in England, in particular, that have shaped the reality about which he reflected. It also discusses the evolution of these reflections until his magnum opus, The General Theory of Employment, Interest and Money, in which he presents the limits and possibilities of a monetary economy of production.

A General Theory for Our Times: On Piketty

2015 ◽  
Vol 23 (1) ◽  
pp. 106-140 ◽  
Author(s):  
Geoff Mann
Keyword(s):  
General Theory ◽  
First Century ◽  
The Political ◽  
John Maynard Keynes ◽  
The World ◽  
Political Stance ◽  
Twenty First Century ◽  
Thomas Piketty

Thomas Piketty has offered, and many have desperately snatched at, The General Theory of Employment, Interest and Money of our epoch. Piketty’s affinity with John Maynard Keynes and his groundbreaking 1936 landmark is largely unreflexive. But the ties that bind him to Keynes are powerful, and manifest themselves at many levels in Capital in the Twenty-First Century. The epistemology, the political stance, the methodological commitments, and the politics resonate in imperfect but remarkable harmony. This is no accident, because the world in which Piketty’s book appeared is saturated with the specifically capitalist form of anxiety that Keynes sought to diagnose, and fix, the last time it made the richest economies in the world tremble.

Keynes and Anchorless Banking

1998 ◽  
Vol 20 (1) ◽  
pp. 71-82 ◽  
Author(s):  
Thomas K. Rymes
Keyword(s):  
General Theory ◽  
Supply And Demand ◽  
Monetary Theory ◽  
John Maynard Keynes ◽  
Monetary Economy ◽  
The Future ◽  
Theory Of Value ◽  
Working Out ◽  
Theory Of Production ◽  
Special Case

In The General Theory, John Maynard Keynes broke with the quantity theory of money, not just in working out a monetary theory of production but, as he says, in arguing the case for a monetary theory of value. Keynes writes (CW, 7, pp. xxii-xxiii):A monetary economy, we shall find, is essentially one in which changing views about the future are capable of influencing the quantity of employment and not merely its direction. But our method of analyzing the economic behaviour of the present under the influence of changing ideas about the future is one which depends on the interaction of supply and demand, and is in this way linked up with our fundamental theory of value. We are thus led to a more general theory, which includes the classical theory with which we are familiar, as a special case.

The Theory Arsenal: The Cambridge Circus and the Origins of the Keynesian Revolution

2002 ◽  
Vol 24 (1) ◽  
pp. 5-37 ◽  
Author(s):  
Nahid Aslanbeigui ◽  
Guy Oakes
Keyword(s):  
Economic Theory ◽  
General Theory ◽  
Karl Marx ◽  
George Bernard Shaw ◽  
John Maynard Keynes ◽  
Economic Problems ◽  
The World ◽  
State Of Mind ◽  
Bernard Shaw ◽  
The Way

In the winter of 1934–35, when John Maynard Keynes was beginning to circulate proofs of The General Theory of Employment, Interest, and Money, he indulged in a playful exchange of letters with George Bernard Shaw devoted mainly to the merits of Karl Marx as an economist. At the end of his letter of January 1, 1935, Keynes's observations took a more serious turn, documenting fundamental changes in his theoretical ambitions following the publication of his Treatise on Money in 1930: “To understand my state of mind, however, you have to know that I believe myself to be writing a book on economic theory which will largely revolutionize—not, I suppose, at once but in the course of the next ten years—the way the world thinks about economic problems” (Keynes 1973a, p. 492).

scholarly journals Apaddharmaparva: Articulating the Dilemma on Ethics and Politics within the Epic, the Mahabharata

2021 ◽  
Vol 8 (6) ◽  
pp. 224-239
Author(s):  
Smita Sahgal
Keyword(s):  
Ethical Behaviour ◽  
Social Relevance ◽  
Political Behaviour ◽  
The World ◽  
Magnum Opus ◽  
The Law ◽  
The Times ◽  
The One ◽  
Theology And Philosophy ◽  
Ethics And Politics

The Mahabharata is an epic with encyclopaedic complexity. It weaves many mundane issues of political and social relevance with those of theology and philosophy. Without doubt the Mahabharata is a troubled story, a story of war and violence. Troubled times beckon distinct solutions, which appear at odds with socially recognized norms. The text understands these solutions in terms of apaddharma, the law of Exigency. We need to locate the concept and theory of apaddharma within the magnum Opus and attempt to comprehend its many layered meaning along with investigating if it were a digression from dharma. The vital issue is to postulate how it came to imply a law in the times of emergency. We mull over a number of issues that push one to use the tool of apaddharma. For instance, how do people negotiate crisis, especially the one that threatens their survival? Can a king justifiably stabilise his rule by becoming violent and what are the limits to political behaviour in the world of realpolitik? How does political conduct be adjusted within the frames of morality that demands steadfast conduct of ethical behaviour? Can the laws of apaddharma come to the rescue of the populace and the king? The dialectics becomes evident as we go deeper into studying the issue though our queries also start getting answered

scholarly journals Beyond Planning and Mercantilism:An Evaluation of Pakistan’s Growth Strategy

2006 ◽  
Vol 45 (1) ◽  
pp. 3-48 ◽  
Author(s):  
Nadeem Ul Haque
Keyword(s):  
General Theory ◽  
Growth Strategy ◽  
John Maynard Keynes ◽  
The World ◽  
Intellectual Influence

“The ideas of economists and political philosophers, both when they are right and when they are wrong, are more powerful than is commonly understood. Indeed the world is ruled by little else. Practical men, who believe themselves to be quite exempt from any intellectual influence, are usually the slaves of some defunct economist. Madmen in authority, who hear voices in the air, are distilling their frenzy from some academic scribbler of a few years back”. John Maynard Keynes (1883-1946) The General Theory of Employment, Interest and Money, ch. 24 (1936)

THE INFLUENCE OF SCOTTISH ACCOUNTANTS IN THE UNITED STATES: THE EARLY CASE OF THE SOCIETY OF ACCOUNTANTS IN EDINBURGH

1997 ◽  
Vol 24 (1) ◽  
pp. 117-141 ◽  
Author(s):  
T. A. LEE
Keyword(s):  
United States ◽  
General Theory ◽  
Research Program ◽  
The United States ◽  
The World ◽  
Early Case ◽  
The Impact ◽  
Chartered Accountants ◽  
The U.S

This study represents part of a long-term research program to investigate the influence of U.K. accountants on the development of professional accountancy in other parts of the world. It examines the impact of a small group of Scottish chartered accountants who emigrated to the U.S. in the late 1800s and early 1900s. Set against a general theory of emigration, the study's main results reveal the significant involvement of this group in the founding and development of U.S. accountancy. The influence is predominantly with respect to public accountancy and its main institutional organizations. Several of the individuals achieved considerable eminence in U.S. public accountancy.

The Spiritual Evolution of Margarito Bautista

2020 ◽  
Author(s):  
Elisa Eastwood Pulido
Keyword(s):  
Native American ◽  
Latter Day Saints ◽  
The Third ◽  
Book Of Mormon ◽  
The World ◽  
Magnum Opus ◽  
Mormon Church ◽  
Spiritual Conquest ◽  
The Church ◽  
The U.S

A spiritual biography, this book chronicles the journey of Margarito Bautista (1878–1961) from Mormonism to the Third Convention, a Latter-day Saint (Mormon) splinter group he fomented in 1935–1936, to Colonia Industrial/Nueva Jerusalén, a polygamist utopia Bautista founded in 1947. It argues that Bautista embraced Mormon belief in indigenous exceptionalism in 1901 and rapidly rose through the ranks of Mormon priesthood until convinced that the Mormon hierarchy was not invested in the development of native American peoples, as promoted in the Church’s canon. This realization resulted in tensions over indigenous self-governance within the Church of Jesus Christ of Latter-day Saints (Mormon Church) and Bautista’s 1937 excommunication. The book contextualizes Bautista’s thought with a chapter on the spiritual conquest of Mexico in 1513 and another on the arrival of Mormons in Mexico. In addition to accounts of Bautista’s congregation-building on both sides of the U.S. border, this volume includes an examination of Bautista’s magnum opus, a 564-page tome hybridizing Aztec history and Book of Mormon narratives, and his prophetic plan for the recovery of indigenous authority in the Americas. Bautista’s excommunication catapulted him into his final spiritual career, that of a utopian founder. In the establishment of his colony, Bautista found a religious home, free from Euro-American oversight, where he implemented his prophetic plan for Mexico’s redemption. His plan included obedience to early Mormonism’s most stringent practices, polygamy and communalism. Bautista nonetheless hoped his community would provide a model for Mexicans willing to prepare the world for Christ’s millennial reign.

scholarly journals Beyond the Modern-Anti-Modern Dilemma: Gaudium et spes and Theological Method in a Postmodern Context

Horizons ◽  
2007 ◽  
Vol 34 (2) ◽  
pp. 292-305
Author(s):  
Lieven Boeve
Keyword(s):  
Theological Method ◽  
Gaudium Et Spes ◽  
Dramatic Character ◽  
The World ◽  
To Come ◽  
The Times ◽  
The Church

ABSTRACTThe Church has the duty in every age of examining the signs of the times and interpreting them in the light of the gospel, so that it can offer in a manner appropriate to each generation replies to the continual human questionings on the meaning of this life and the life to come and on how they are related. There is a need, then, to be aware of, and to understand, the world in which we live, together with its expectations, its desires and its frequently dramatic character (Gaudium et spes 4).

The Macroeconomic thought of Nicholas Barbon

2007 ◽  
Vol 29 (1) ◽  
pp. 101-116
Author(s):  
James H. Ullmer
Keyword(s):  
General Theory ◽  
Scientific Inquiry ◽  
Economic Thought ◽  
John Maynard Keynes ◽  
Major Defect

Nicholas Barbon (1640–1698) is little appreciated by most historians of economic thought. He is sporadically mentioned in a few writings—probably the most well-known being the favorable reference to him made by John Maynard Keynes (1883–1946) in The General Theory of Employment, Interest, and Money (Keynes 1936, p. 359). The fullest treatment of Barbon's economic ideas is contained in The Origin of Scientific Economics: English Economic Thought 1660–1776 by William Louis Letwin (Letwin 1963, pp. 48–75). Letwin considers a major defect of Barbon's first purely scientific inquiry into economics, A Discourse of Trade (Barbon 1690), and by implication, his other economic writings, to be “the logical incoherence of its parts” (Letwin 1963, p. 57). This criticism is not surprising in light of the pre-paradigm period in which Barbon was writing.

History, Theory, and Education

2011 ◽  
Vol 51 (2) ◽  
pp. 218-228 ◽  
Author(s):  
John L. Rury
Keyword(s):  
United States ◽  
Social Theory ◽  
History Of Education ◽  
The United States ◽  
John Maynard Keynes ◽  
The World ◽  
History Of ◽  
Attention To Detail

The distinguished Africanist Robert Harms once observed that “we historians are a practical people who pride ourselves on our attention to facts and our painstaking attention to detail.” If this is the case in other parts of the world, it is certainly true of American historians, who have been periodically admonished for their disinterest in questions of theory and purpose related to their craft. In this issue we have an opportunity to discuss the question of theory as it may pertain to the history of education, with particular attention to the United States. Regardless of whether one believes that historians should be ardent students of social theory, after all, there is little question about whether they should be cognizant of it. Indeed, there is danger in ignoring it. Quoting John Maynard Keynes, Harms suggested that practical people who feel “exempt from any intellectual influences” run the risk of “becoming slaves to some defunct economist.”

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