{"product_id":"keynesian-multiplier-1","title":"Keynesian Multiplier","description":"\u003cp\u003eThe multiplier is a central concept in Keynesian and post-Keynesian economics. It is largely what justifies activist full-employment fiscal policy: an increase in fiscal expenditures contributing to multiple rounds of spending, thereby financing itself. Yet, while a copingstone of post-Keynesian theory, it is not universally accepted by all post-Keynesians, for reasons vastly different than the mainstream. \u003cbr\u003eThis book explores both the pros and cons of the multiplier from a strictly post-Keynesian – and Kaleckian – approach. Anchored within the tradition of endogenous money, this book offers a lively discussion from a number of well-known post-Keynesians from a variety of perspectives: history of thought, theory and economic policy. The book starts by analysing the historical foundations of the Keynesian Multiplier and it’s treatment throughout the history of economic thought. Moving through a critical debate about the limits of the multiplier, the contributions finish by offering cutting edge new views on this fascinating concept.\u003c\/p\u003e\u003cp\u003e.\u003c\/p\u003e","brand":"Taylor \u0026 Francis Ltd","offers":[{"title":"Default Title","offer_id":54259069813080,"sku":"9780415569569","price":61.5,"currency_code":"EUR","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0278\/1295\/4195\/files\/9780415569569_e3de8d3c-eb93-4ac7-8bd1-ac235e4b9d7e.jpg?v=1769622326","url":"https:\/\/agendabookshop.com\/products\/keynesian-multiplier-1","provider":"Agenda Bookshop","version":"1.0","type":"link"}