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003 | OCoLC | ||
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_a994.042 _222 |
049 | _aMAIN | ||
100 | 1 |
_aMillmow, Alex, _eauthor _950086 |
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245 | 1 | 4 |
_aThe power of economic ideas : _bthe origins of macroeconomic management in Australia, 1929-39 / _cAlex Millmow. |
264 | 1 |
_aActon, A.C.T. : _bANU E Press, _c2010. |
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300 | _a1 online resource | ||
336 |
_atext _btxt _2rdacontent |
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337 |
_acomputer _bc _2rdamedia |
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_aonline resource _bcr _2rdacarrier |
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347 | _adata file | ||
504 | _aIncludes bibliographical references. | ||
505 | 0 | 0 |
_tThe triumph of the economists? -- _gPart I. _tBacking into the limelight: the interwar Australian economics profession. _tEconomic ideas and an assessment of Australian economists in the 1930s -- _tThe Australian economy during the Depression decade -- _tThe interwar Australian economics profession -- _gPart II. _tTriumph and tribulation. _tThe Premiers' Plan and the economists -- _tThe agonistes of the economists, 1931-1932 -- _tThe Australian recovery, 1933-1936 -- _gPart III. _tThe march of Keynesian ideas. _tThe Royal Commission on Monetary and Banking Systems -- _tAustralia, 1936-1938: the nascent Keynesian state? -- _tThe economics of near-war. |
520 | _aEconomics, Keynes once wrote, can be a 'very dangerous science'. Sometimes, though, it can be moulded to further the common good though it might need a leap in mental outlook, a whole new zeitgeist to be able do do. This book is about a transformation in Australian economists' thought and ideas during the interwar period. It focuses upon the interplay between economic ideas, players and policy sometimes in the public arena. In a decade marked by depression, recovery and international political turbulence Australian economists moved from a classical orthodox economic position to that of a cautious Keynesianism by 1939. We look at how a small collective of economists tried to influence policy-making in the nineteen-thirties. Economists felt obliged to seek changes to the parameters as economic conditions altered but, more importantly, as their insights about economic management changed. There are three related themes that underscore this book. Firstly, the professionalisation of Australian economics took a gigantic leap in this period, aided in part, by the adverse circumstances confronting the economy but also by the aspirations economists held for their discipline. A second theme relates to the rather unflattering reputation foisted upon interwar economists after 1945. That transition underlies a third theme of this book, namely, how Australian economists were emboldened by Keynes's General Theory to confidently push for greater management of economic activity. By 1939 Australian economists conceptualized from a new theoretic framework and from one which they advanced comment and policy advice. This book therefore will rehabilitate the works of Australian interwar economists, arguing that they not only had an enviable international reputation but also facilitated the acceptance of Keynes's General Theory among policymakers before most of their counterparts elsewhere. | ||
546 | _aEnglish. | ||
590 | _aAdded to collection customer.56279.3 | ||
650 | 0 | _aKeynesian economics. | |
650 | 0 | _aMacroeconomics. | |
651 | 0 |
_aAustralia _xEconomic conditions _y1929-1939. _950087 |
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650 | 7 |
_aEconomic history. _2bicssc |
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650 | 7 |
_aEconomics, finance, business and management. _2bicssc _925731 |
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650 | 7 |
_aEconomics. _2bicssc |
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650 | 7 |
_aBUSINESS & ECONOMICS _xEconomics _xMicroeconomics. _2bisacsh _920391 |
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650 | 7 |
_aEconomic history. _2fast _0(OCoLC)fst00901974 |
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650 | 7 |
_aKeynesian economics. _2fast _0(OCoLC)fst00987025 |
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650 | 7 |
_aMacroeconomics. _2fast _0(OCoLC)fst01005221 |
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651 | 7 |
_aAustralia. _2fast _0(OCoLC)fst01204543 |
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648 | 7 |
_a1929-1939 _2fast _950088 |
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653 | _aaustralia. | ||
653 | _ahistory. | ||
653 | _aeconomic conditions. | ||
655 | 4 | _aElectronic books. | |
655 | 7 |
_aHistory. _2fast _0(OCoLC)fst01411628 |
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758 |
_iIs found in: _aAustralian National University (ANU) Press _1https://openresearchlibrary.org/module/b7f41558-4528-4066-90b4-a67c4a05b793 |
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776 | 0 | 8 |
_iPrint version: _aMillmow, Alex. _tPower of economic ideas. _dActon, A.C.T. : ANU E Press, 2010 _z9781921666261 _z1921666269 _w(OCoLC)757013216 |
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