The impact of fiscal policy on economic activity is still a matter of great debate. And, ever since Keynes first commented on it, interwar Britain, 1918- 1939, has remained a particularly contentious case | not least because of its high debt environment and turbulent business cycle. This debate...

The impact of fiscal policy on economic activity is still a matter of great debate. And, ever since Keynes first commented on it, interwar Britain, 1918- 1939, has remained a particularly contentious case | not least because of its high debt environment and turbulent business cycle. This debate...

Der westdeutsche Wiederaufbau nach 1945 erforderte umfangreiche gesamtwirtschaftliche Investitionen. Anfang der Fünfzigerjahre war die große Diskrepanz zwischen Kapitalnachfrage und -angebot das wirtschaftliche Kernproblem der jungen Bundesrepublik, bei dem sich der "funktionsunfähige"...