Publisher's Synopsis
This book characterizes, develops and evaluates the power of Keynesian analysis, as it is defined and utilized by Augusto Graziani, to explain the major economic mechanisms which affect the working of our modern monetary production economies. In so doing, it offers a number of original and fresh insights into Keynesian economics. The book offers a systematic and consistent approach and includes perspectives from the history of economic thought, economic theory and applied economics. The book provides a better understanding of real-world economic problems, using a refreshed Keynesian framework.