Maynard's Revenge

This book’s title gives it to you straight: it’s about how the collapse of 2008 brought Keynes back with a bullet. Taylor’s principal aims are, first, to show how ineffective and inappropriate are the dominant approaches to macroeconomics of the past 30‐40 years (which have been succinctly summed up as “pre-Keynesian theory after Keynes” ); and, secondly, to show how Keynes and post-Keynesian writers, whose ideas in recent years have been greatly downplayed and even ridiculed by the bulk of the profession, contain the proper bases on which to erect both understanding and effective policy proposals.