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What's wrong with Keynesian economic theory? edited by Steven Kates, Associate Professor of Economics, School of Economics Finance and Marketing, RMIT University, Melbourne, Australia.

Contributor(s): Material type: TextTextPublication details: U.K.: Edward Elgar, 2016.Description: xii; 277 pISBN:
  • 9781785363757
Subject(s): DDC classification:
  • 330.156 23
Summary: Possibly the strangest phenomenon in all of economics is the absence of a long tradition of criticism focused on Keynesian economic theory. Keynesian demand management has been at the centre of some of the worst economic outcomes in history, from the great stagflation of the 1970s to the lost decade and more in Japan following the expenditure program of the 1990s. And once again, following the Global Financial Crisis, it is incontrovertible that no stimulus program in any part of the world has been a success, each one having been abandoned as conditions deteriorated under the weight of public.
List(s) this item appears in: Economic Collection
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Item type Current library Collection Call number Copy number Status Notes Date due Barcode
BOOK BOOK Ashok Goel Library, Rishihood University General stacks Economic Collection 330.156 WHA (Browse shelf(Opens below)) 1 Available Economic Collection Dr. sujata & Sesh Foundation RU00007576

Possibly the strangest phenomenon in all of economics is the absence of a long tradition of criticism focused on Keynesian economic theory. Keynesian demand management has been at the centre of some of the worst economic outcomes in history, from the great stagflation of the 1970s to the lost decade and more in Japan following the expenditure program of the 1990s. And once again, following the Global Financial Crisis, it is incontrovertible that no stimulus program in any part of the world has been a success, each one having been abandoned as conditions deteriorated under the weight of public.

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