Abstract
Government must develop policies that assures market demand spending is increasing sufficient to induce managers of enterprises to hire the currently unemployed. This chapter explains specific government fiscal and monetary policies to create enough market demand to produce a fully employed economy. The implications for deficit spending and the growth of the national debt is analyzed.
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Davidson, P. (2017). Creating a Prosperous Full Employment Economy. In: Who's Afraid of John Maynard Keynes?. Palgrave Macmillan, Cham. https://doi.org/10.1007/978-3-319-64504-9_5
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DOI: https://doi.org/10.1007/978-3-319-64504-9_5
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Publisher Name: Palgrave Macmillan, Cham
Print ISBN: 978-3-319-64503-2
Online ISBN: 978-3-319-64504-9
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