‘Keynesian ideas’ which are relevant to developing countries are far wider than those associated, usually in a rather pejorative sense, with ‘Keynesianism’ in much current discussion: this seems sometimes to confine Keynesianism to a simple-minded view that a country can ‘spend its way out of a depression’, without any need to consider carefully the things on which the money is spent or the need for other accompanying action, and without regard to the fact that it is not a closed system.
Weitere Kapitel dieses Buchs durch Wischen aufrufen
- Some Reflections by a Keynesian Economist on the Problems of Developing Countries
W. B. Reddaway
- Palgrave Macmillan UK
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