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019 _a904244930
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020 _a9781921666278
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020 _a1921666277
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020 _z9781921666261
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020 _z1921666269
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024 7 _a10.26530/OAPEN_459452
_2doi
024 8 _a459452
035 _a3093340
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035 _a(OCoLC)639930999
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072 7 _aKCZ
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082 0 4 _a994.042
_222
049 _aMAIN
100 1 _aMillmow, Alex,
_eauthor
_950086
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.
300 _a1 online resource
336 _atext
_btxt
_2rdacontent
337 _acomputer
_bc
_2rdamedia
338 _aonline resource
_bcr
_2rdacarrier
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
650 7 _aEconomic history.
_2bicssc
650 7 _aEconomics, finance, business and management.
_2bicssc
_925731
650 7 _aEconomics.
_2bicssc
650 7 _aBUSINESS & ECONOMICS
_xEconomics
_xMicroeconomics.
_2bisacsh
_920391
650 7 _aEconomic history.
_2fast
_0(OCoLC)fst00901974
650 7 _aKeynesian economics.
_2fast
_0(OCoLC)fst00987025
650 7 _aMacroeconomics.
_2fast
_0(OCoLC)fst01005221
651 7 _aAustralia.
_2fast
_0(OCoLC)fst01204543
648 7 _a1929-1939
_2fast
_950088
653 _aaustralia.
653 _ahistory.
653 _aeconomic conditions.
655 4 _aElectronic books.
655 7 _aHistory.
_2fast
_0(OCoLC)fst01411628
758 _iIs found in:
_aAustralian National University (ANU) Press
_1https://openresearchlibrary.org/module/b7f41558-4528-4066-90b4-a67c4a05b793
776 0 8 _iPrint version:
_aMillmow, Alex.
_tPower of economic ideas.
_dActon, A.C.T. : ANU E Press, 2010
_z9781921666261
_z1921666269
_w(OCoLC)757013216
856 4 0 _3EBSCOhost
_uhttps://search.ebscohost.com/login.aspx?direct=true&scope=site&db=nlebk&db=nlabk&AN=3093340
938 _aEBL - Ebook Library
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938 _aKnowledge Unlatched
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938 _aOAPEN Foundation
_bOPEN
_n459452
938 _aDCS UAT TEST 8
_bTEST
_n459452
938 _aYBP Library Services
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938 _aEBSCOhost
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