The Relevance of Keynesian Economic Policies Today

1. Front Matter

   Pages i-xxi

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2. The Macroeconomic Effects of Taxation in a Federal Europe

   • Douglas Mair, Anthony J. Laramie

   Pages 1-26

3. New Scale and Scope for Industrial Policies in the 1990s

   • Bruno Amable, Pascal Petit

   Pages 27-51

4. Industrial Policies and the Macroeconomic Effects of Taxation: Some Comments

   • Johan Deprez

   Pages 52-56

5. ‘Socialization of Investment’ and ‘Euthanasia of the Rentier’: The Relevance of Keynesian Policy Ideas for the Contemporary US Economy

   • Robert Pollin

   Pages 57-77

6. Globalisation, Polarisation and US Policy Activism

   • Gary A. Dymski

   Pages 78-106

7. Differences in Economic Performance: Some Comments on Pollin and Dymski

   • Harald Hagemann

   Pages 107-113

8. The Viability of Keynesian Demand Management in an Open Economy Context

   • Paul Davidson

   Pages 114-135

9. Uneven Development and the Destabilisation of the North: A Keynesian view

   • James K. Galbraith

   Pages 136-153

10. Creative Destruction or Regressive Stagnation? Comments on Davidson and Galbraith

    • Jonathan Michie

    Pages 154-162

11. The Relevance of Keynesian Policies in Semi-Industrialised Countries: Theoretical Issues and an Empirical Illustration

    • Amitava Krishna Dutt

    Pages 163-185

12. International Markets and Open Economy Macroeconomics: A Keynesian view

    • E. V. K. FitzGerald

    Pages 186-206

13. Keynesian Policy in Disarticulated Economies

    • Laurence Harris

    Pages 207-212

14. Back Matter

    Pages 213-220

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What can Keynesian economics mean in the 21st century? Do globalisation, inflationary pressures and supply-side constraints make managing demand in a domestic economy impossible? Or could its use to tackle unemployment be put back on the political agenda? These essays examine the potential relevance of Keynesian policies for Europe, America, the developing world and the global economy. There is no common definition, but Keynesianism is throughout seen as more than demand management, with policy proposals to promote investment, strengthen the supply-side and reduce uncertainty.

• creative destruction
• economics
• employment
• Global economy
• globalization
• John Maynard Keynes
• Keynesian economics
• macroeconomics
• taxation
• unemployment

• University of East London, UK

  Philip Arestis

• University of Leeds, UK

  Malcolm Sawyer

Policies and ethics