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Part of the book series: Central Issues in Contemporary Economic Theory and Policy ((CICETP))

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Abstract

In this paper I will outline the historical development of Keynesian macroeconomics and add a few remarks. My version of the story will agree with textbook accounts in some ways, and differ fairly sharply in others. Very few references will be provided in support of assertions both because space is limited and because my version is something of a “stylized history of thought.” The hope is that it will be, like carefully selected “stylized facts,” analytically illuminating although lacking in detail.

A.E.R. — Papers and Proceeding, May 1987, we express gratefulness for kind permission. Advise: the numbers in square brackets refer to the Bibliogaphy in the appendix.

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© 1992 SIPI Srl, Rivista di Politica Economica

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Mc Callum, B.T. (1992). The Development of Keynesian Macroeconomics. In: Baldassarri, M. (eds) Keynes and the Economic Policies of the 1980s. Central Issues in Contemporary Economic Theory and Policy. Palgrave Macmillan, London. https://doi.org/10.1007/978-1-349-12815-0_2

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