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Abandoning Keynes: Australia's Capital Mistake

Abandoning Keynes: Australia's Capital Mistake

Paperback

Business GeneralEconomicsGeneral Reference

ISBN10: 1349143529
ISBN13: 9781349143528
Publisher: Springer Nature
Published: Jan 1 1997
Pages: 300
Weight: 0.89
Height: 0.71 Width: 5.50 Depth: 8.50
Language: English
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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