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10: Economic thought in the interwar period /2547

week 18 – Inter-war economic thought – lecture handout [pdf]

Primary reading

Backhouse, RE and Tribe, K (2014), economic thought and ideology in Britain, 1870-2010, in Floud, R, Humphries, J and Johnson, J (eds), The Cambridge Economic History of Modern Britain vol 2 1870 to the present, Cambridge: CUP [pp506-528]

Backhouse, R (2002), The Penguin History of Economics, London: Penguin books [ch 10]

Chang, Ha-Joon (2014), Economics: The User’s Guide, London: Pelican books [ch 4]

Middleton, R (2014), Economic policy and management, in Floud, R, Humphries, J and Johnson, J (eds), The Cambridge Economic History of Modern Britain vol 2 1870 to the present, Cambridge: CUP [pp476-505]

Stewart, M (1981), Keynes and after, London: Pelican books

Background reading

Elliot, L (2016), John Maynard Keynes ‘a great economist but poor currency trader’, The Guardian, Jan 12th [see Accominotti, O  and Chambers, D (2014), If You’re So Smart: John Maynard Keynes and currency speculation in the interwar years, CEPR, Sept

Monbiot, G (2008), Keynes is innocent: the toxic spawn of Bretton Woods was no plan of his, The Guardian, Nov 18th

Pierson, J (2012), John Maynard Keynes and the Modern Revolution in Political Economy, Society, v49 pp263-273

Temin, P and Vines, D (2016), Keynes and the European economy, Review of Keynesian Economics, v4 i1 Spring pp36-49

Skidelsky, R (2016), Examining Keynes’s legacy, 80 years on, The Guardian, Feb 26th

Other things

EconStories (2010), “Fear the Boom and Bust”: Keynes vs. Hayek Rap Battle, YouTube, Jan 23rd

Flanders, S (2012), Masters of money: John Maynard Keynes, BBC News – Business, Sept 17th – see uploaded episode on YouTube

Marr, A (2007), Andrew Marr’s History of Modern Britain – ep 1 Advance Britannia, BBC, May 22nd [not currently available on iPlayer]

Wikipedia entry on Hayek