Are Market Forces Adequate to Maintain Full Employment? If Not, Can Demand Management Policies be Relied Upon to Fill the Gap?

  • Michael J. Artis

Abstract

Whatever the definition of Keynesian economics and whatever its differentiation from the ‘economics of Keynes’, it will be generally agreed that Keynes and the Keynesians both give a negative answer to the first of the questions in the title of this chapter and a positive one to the second. When the chips are down, this is what makes a Keynes(ian).

Keywords

Depression Income Marketing Rium Concession 

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Copyright information

© National Economic Development Office 1988

Authors and Affiliations

  • Michael J. Artis

There are no affiliations available

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