What can Keynesian economics mean in the 21st century? Do
globalisation, inflationary pressures and supply-side constraints
make managing demand in a domestic economy impossible? Or could its
use to tackle unemployment be put back on the political agenda?
These essays examine the potential relevance of Keynesian policies
for Europe, America, the developing world and the global economy.
There is no common definition, but Keynesianism is throughout seen
as more than demand management, with policy proposals to promote
investment, strengthen the supply-side and reduce uncertainty.
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