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November Article of the Month
In one of the 2023 Themed Collections devoted to great Cambridge post-Keynesian scholar, economist Geoffrey Harcourt, Amiya Kumar Bagchi identifies the intellectual legacies of John Maynard Keynes, who created the modern macroeconomics discipline and refined the concept of national income, which inter alia enable collection, organisation and analysis of economic and social data. As Bagchi convincingly conveys, Keynes also offered deep understanding of the global economy and issues of balance of payments surpluses or deficits, and highlighted concern for the challenges for less developed economies. Importantly and more well-known, Keynes also supported public investment and state involvement in solving problems of unemployment, while his analysis of the instability of stock markets and dangers of financialisation remains very relevant. This highly readable scholarly article offers persuasive argument and vivid examples.
2022 Nevile-Plowman Award Ceremony
Economics « Cambridge Core Blog
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New to Cambridge in 2024: Finance and Society
- 08 December 2023,
- Cambridge University Press is pleased to announce that it will publish Finance and Society from January 2024, in partnership with the Finance and Society Network....
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The Capital Structure Puzzle: What Are We Missing?
- 04 February 2022,
- The Holy Grail of corporate finance is a theory that explains the capital structure behavior of real-world firms. It’s been 63 years since Modigliani and Miller’s...
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