Definition & Reality in the General Theory of Political Economy

Prologue

The basic idea of this book is that Keynes’s _General Theory_ is generalised even further by including endogenous government in the model, so that we arrive at a truly general Political Economy. The world had the Great Depression 1930-1940 and has the Great Stagflation 1970-today and by including ‘stagnation in economic policy making’ in our analysis we find a better explan...