Abandoning Keynes Australia’s Capital Mistake
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.
Keywords
Business & EconomicsEconomicsTheoryUrban & RegionalLaborPolitical SciencePublic PolicyEconomic Policy
1997Book
Author(s)Tim Battin
PublisherPalgrave Macmillan UK
ISBN9780333682890
LanguageEnglish
