ENGLISH

Abandoning Keynes: Australia’s Capital Mistake

By Tim Battin (auth.)

Book information

Publisher
Palgrave Macmillan UK
Year
1997
ISBN
978-1-349-14352-8, 978-1-349-14350-4
DOI
10.1007/978-1-349-14350-4
Language
english
Format
PDF
Filesize
27 MB (28500757 bytes)
Edition
1
Pages
XIII, 300\301
Time added
2016-03-14 21:35:01
Economic Theory/Quantitative Economics/Mathematica

Description

This analysis proposes a political explanation for the breakdown of Keynesian full employment in Australia. It taps into the current literature that examines the role of economic interests, ideas, and institutions, and, by taking issue with the arguments of anti-Keynesian economists, the book carries the argument that there was and is nothing inherently contradictory about Keynesian theory or much of its practice. Keynesianism, its imperfections notwithstanding, was overturned because of a powerful alliance of interests and ideas.

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