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Contents: Part I: Life and work -- 1. John Neville Keynes / Heinrich Bortis -- 2. Florence Ada Keynes / Indra Hardeen -- 3. Lydia Lopokova / Indra Hardeen -- 4. The Bloomsbury Group / Victoria Chick -- 5. The India Office / Donald Moggridge -- 6. World War I / Donald Moggridge -- 7. Keynes and British financial policy in the inter-war period / Donald Moggridge -- 8. World War II / Donald Moggridge -- 9. Before and after Bretton Woods / June Flanders -- Part II: Influences -- 10. G.E. Moore / John Davis -- 11. Bertrand Russell / John Davis -- 12. Ludwig Wittgenstein / John Davis -- 13. Frank P. Ramsey / John Davis -- 14. Thomas Robert Malthus / Samuel Hollander -- 15. Alfred Marshall / Peter Groenewegen -- 16. Knut Wicksell / Mauro Boianovsky -- 17. John Atkinson Hobson / John King -- 18. Irving Fisher / Robert W. Dimand -- Part III: Major works -- 19. A treatise on probability / Rod O'Donnell -- 20. Indian currency and finance / Rebecca Gomez-Betancourt -- 21. The economic consequences of the peace / Robert W. Dimand -- 22. A tract on monetary reform / Robert W. Dimand -- 23. The economic consequences of Mr. Churchill / Robert W. Dimand -- 24. The end of laissez-faire / Sherry Davis Kasper -- 25. Am I a liberal? / Robert W. Dimand -- 26. Economic possibilities for our grandchildren / Harald Hagemann -- 27. A treatise on money / Ingo Barens -- 28. Essays in biography / Geoff Harcourt -- 29. Lectures on 'the monetary theory of production' and 'the general theory of employment' / Robert W. Dimand -- 30. The general theory of employment, interest and money / Robert Skidelsky -- 31. How to pay for the war / Peter Spahn -- Part IV: Economic analysis -- 32. The quantity theory of money / Arash Molavi Vassei -- 33. The multiplier / Robert W. Dimand -- 34. Say's Law / Harald Hagemann -- 35. Effective demand / Paul Davidson -- 36. Unemployment / Sylvie Rivot -- 37. Wages and employment / Harald Hagemann -- 38. Consumption and saving / Volker Caspari -- 39. Investment, expectations and the marginal efficiency of capital / Jan Kregel -- 40. Liquidity preference / Victoria Chick -- 41. Risk and uncertainty / Sheila Dow -- 42. IS-LM / Warren Young -- 43. The finance motive / Jan Kregel -- 44. The Keynes-Sraffa-Hayek controversy / Heinz D. Kurz -- 45. Econometrics: The Keynes-Tinbergen controversy / Marcel Boumans and Neil De Marchi -- 46. Trade cycle / Daniele Besomi -- 47. Mercantilism / Lars Magnusson -- 48. Imperfect competition / Rodolphe Dos Santos Ferreira -- Part V: Critics and contemporaries -- 49. Arthur Cecil Pigou / Nahid Aslanbeigui and Guy Oakes -- 50. Dennis Holme Robertson / Mauro Boianovsky and Charles Goodhart -- 51. Joseph Alois Schumpeter / Harald Hagemann -- 52. Lionel Robbins / Susan Howson -- 53. Ralph George Hawtrey / David Glasner -- 54. Friedrich August Hayek / Hansjörg Klausinger -- 55. Bertil Ohlin / Hans-Michael Trautwein -- 56. William H. Beveridge / Robert W. Dimand -- 57. Michal Kalecki / Malcolm Sawyer -- Part VI: Associates -- 58. Piero Sraffa / Heinz Kurz -- 59. Roy Forbes Harrod / Daniele Besomi -- 60. Richard Ferdinand Kahn / Maria Cristina Marcuzzo -- 61. Joan Violet Robinson / Prue Kerr -- 62. James Edward Meade / Susan Howson -- 63. Colin Clark / Alex Millmow -- 64. Richard Stone / Ron P. Smith -- 65. Lorie Tarshis / Robert W. Dimand -- 66. David Champernowne / Mauro Boianovsky -- Part VII: Legacy and impact -- 67. John Richard Hicks / Omar Hamouda -- 68. G.L.S. Shackle / Bruce Littleboy -- 69. Alvin Harvey Hansen / Roger E. Backhouse -- 70. Mabel Timlin / Robert W. Dimand -- 71. Paul Anthony Samuelson / Roger E. Backhouse -- 72. Lawrence Klein / Robert W. Dimand -- 73. Franco Modigliani / Michael Szenberg and Lall Ramrattan -- 74. Robert M. Solow / Michael Assoũs -- 75. James Tobin / Robert W. Dimand -- 76. Nicholas Kaldor / A.P. Thirlwall -- 77. Milton Friedman / Sylvie Rivot -- 78. Harry Gordon Johnson / Donald Moggridge -- 79. Don Patinkin / Goulven Rubin -- 80. Robert W. Clower / Peter Howitt -- 81. Axel Leijonhufvud / Hans-Michael Trautwein -- 82. Hyman Minsky / L. Randall Wray -- 83. Sidney Weintraub / Paul Davidson -- 84. Post-Keynesian economics / Eckhard Hein and Marc Lavoie -- 85. New Keynesian macroeconomics / Peter Spahn -- 86. The Phillips curve / James Forder -- 87. The rise, fall, and return of the 'master' / Peter Clarke -- Part VIII: Keynesianism in various countries -- 88. Keynesianism in the United Kingdom / Geoff Tily -- 89. Keynesianism in the United States / Mathew Forstater -- 90. Keynesianism in Canada / Robert W. Dimand -- 91. Keynesianism in Germany / Harald Hagemann -- 92. Keynesianism in France / Goulven Rubin -- 93. Keynesianism in Italy / Piero Bini -- 94. Keynesianism in Japan / Masazumi Wakatabe -- 95. Keynesianism in Australia / John W. Neville and Peter Kriesler -- Index.

"This book analyzes both the consistent and changing elements in the Austrian School of Economics since its foundation in the late 19th Century up to the recent offspring of this School. It investigates the dynamic metamorphosis of the school, mainly with reference to its contact with representatives of history of economic thought"--

"This book analyzes both the consistent and changing elements in the Austrian School of Economics since its foundation in the late 19th Century up to the recent offspring of this School. It investigates the dynamic metamorphosis of the school, mainly with reference to its contact with representatives of history of economic thought"--

Joseph A. Schumpeter's theory of economic development analyzes how growth and cycle dynamics intertwine. The process of creative destruction plays an essential role in those dynamics: embodying a cleansing effect, it has a clear, beneficial impact on long-run development. For that reason, and also for some of his famous (and provocative) non-interventionist statements, Schumpeter is generally interpreted as a pure liquidationist. This paper contests this rather simplistic view and shows that Schumpeter not only expressed much more nuanced positions as far as practical economic issues were concerned, but also that his views on economic policy were rooted in his earlier contributions before the Great Depression, attesting that Schumpeter's view on economic policy was consistent over time.