Richard M. Goodwin
- Published in print:
- 1990
- Published Online:
- November 2003
- ISBN:
- 9780198283355
- eISBN:
- 9780191596315
- Item type:
- chapter
- Publisher:
- Oxford University Press
- DOI:
- 10.1093/0198283350.003.0007
- Subject:
- Economics and Finance, Macro- and Monetary Economics
Seeks to fuse the insights of Schumpeter and Keynes with the argument that market conditions force unrelated innovatory investment decisions to march in step. Aggregate demand matters, therefore, and ...
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Seeks to fuse the insights of Schumpeter and Keynes with the argument that market conditions force unrelated innovatory investment decisions to march in step. Aggregate demand matters, therefore, and the Kahn–Keynes multiplication of expansive and contractive demand provides the missing link. A model is developed in which a control variable stabilizes the system globally while allowing erratic motion locally. The model is extended so that for a 50‐year logistic with plausible parameters, higher output after each wave is guaranteed without assuming full employment. The model is extended to account for the influence of demand on investment.Less
Seeks to fuse the insights of Schumpeter and Keynes with the argument that market conditions force unrelated innovatory investment decisions to march in step. Aggregate demand matters, therefore, and the Kahn–Keynes multiplication of expansive and contractive demand provides the missing link. A model is developed in which a control variable stabilizes the system globally while allowing erratic motion locally. The model is extended so that for a 50‐year logistic with plausible parameters, higher output after each wave is guaranteed without assuming full employment. The model is extended to account for the influence of demand on investment.
Christopher Stray
- Published in print:
- 2013
- Published Online:
- August 2014
- ISBN:
- 9780199543151
- eISBN:
- 9780191772337
- Item type:
- chapter
- Publisher:
- Oxford University Press
- DOI:
- 10.1093/acprof:oso/9780199543151.003.0012
- Subject:
- History, Cultural History, Economic History
The Press began to publish school books intensively from the 1860s onwards, prompted by the arrival of vigorous new Delegates, the appointment of Alexander Macmillan as Publisher, and by the ...
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The Press began to publish school books intensively from the 1860s onwards, prompted by the arrival of vigorous new Delegates, the appointment of Alexander Macmillan as Publisher, and by the expanding public and middle-class school sector. This chapter begins by tracing the Press's approach to textbook publishing for university and school students before the 1860s, before tackling the development and reception of the Clarendon Press Series, whose first title appeared in 1865. The chapter then outlines the organization and progress of individual subject series and discusses the role of the Press in printing and publishing examinations. The final section addresses the Press's approach to educational publishing during the economic difficulties of the 1890s. The move into school-book publishing drew the Press into relationships with individual schools, the Headmasters' Conference and examinations boards, and into direct competition with Cambridge University Press after the launch of its Pitt Press series.Less
The Press began to publish school books intensively from the 1860s onwards, prompted by the arrival of vigorous new Delegates, the appointment of Alexander Macmillan as Publisher, and by the expanding public and middle-class school sector. This chapter begins by tracing the Press's approach to textbook publishing for university and school students before the 1860s, before tackling the development and reception of the Clarendon Press Series, whose first title appeared in 1865. The chapter then outlines the organization and progress of individual subject series and discusses the role of the Press in printing and publishing examinations. The final section addresses the Press's approach to educational publishing during the economic difficulties of the 1890s. The move into school-book publishing drew the Press into relationships with individual schools, the Headmasters' Conference and examinations boards, and into direct competition with Cambridge University Press after the launch of its Pitt Press series.
