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Phillips curve, is also assessed in the light of his own preference, which he shared with Keynes, for a pragmatic Marshallian …
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on Keynes's place in its history, suggesting that these stem from a particular and debatable understanding of how the … subdiscipline has evolved. It considers some implications for today's awkward economic facts of aspects of Keynes' General Theory … that the questions about co-ordination that Keynes addressed, not to mention some of his answers, are well worth revisiting. …
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This paper provides an analysis of Keynes's original Bancor proposal as well as more recent proposals for fixed …
Persistent link: https://www.econbiz.de/10010266537
contrasts with John Maynard Keynes's long-run policy propositions. More important, it is doomed to be ineffective if the degree … of tolerance of fiscal deficits is too low for full employment. Keynes's view that outside the gold standard fiscal …
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