Crisis and Embodied Innovations pp 166-168 | Cite as
Demando-Mania: Keynes and Demand-Deficient Versions of Crisis
Chapter
Abstract
The enigma of economic crises can be reduced to the fundamental question: Why do people buy less? Because their desire to buy grows less or because there is less to buy? The former version dominates not only today but during all the history of economic science.
Keywords
Aggregate Demand Active Circulation Economic Science Price Rigidity Extreme Inequality
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.
Preview
Unable to display preview. Download preview PDF.
Copyright information
© Volodymyr Ryaboshlyk 2014