Phillips curve, is also assessed in the light of his own preference, which he shared with Keynes, for a pragmatic Marshallian …

Phillips curve, is also assessed in the light of his own preference, which he shared with Keynes, for a pragmatic Marshallian …

While Keynes can be considered the true father of the “unorthodox” monetary policies introduced by the Bank of Japan … and the Federal Reserve, these policies also provide the test of their efficacy that Keynes called for. They suggest that … Keynes’s Treatise optimism was misplaced, and that his more nuanced, skeptical, position in the General Theory was more …

Keynes's theory of investment and the economic cycle is set out. Against this theory it is argued that the current … proved, deeply dangerous. Keynes advocated policies aimed at setting a low long-term rate of interest. Financial … liberalisation has led to the dear rates that Keynes understood as the cause of the Great Depression. The discussion also examines …

Keynes's theory of investment and the economic cycle is set out. Against this theory it is argued that the current … proved, deeply dangerous. Keynes advocated policies aimed at setting a low long-term rate of interest. Financial … liberalisation has led to the dear rates that Keynes understood as the cause of the Great Depression. The discussion also examines …