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Are Market Forces Adequate to Maintain Full Employment? If Not, Can Demand Management Policies be Relied Upon to Fill the Gap?

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Keynes and Economic Policy

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Abstract

Whatever the definition of Keynesian economics and whatever its differentiation from the ‘economics of Keynes’, it will be generally agreed that Keynes and the Keynesians both give a negative answer to the first of the questions in the title of this chapter and a positive one to the second. When the chips are down, this is what makes a Keynes(ian).

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Authors
  1. Michael J. Artis
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Editor information

Editors and Affiliations

  1. National Economic Development Office, Oxford, UK

    Walter Eltis (Economic Director, Fellow) (Economic Director, Fellow)

  2. Exeter College, Oxford, UK

    Walter Eltis (Economic Director, Fellow) (Economic Director, Fellow)

  3. Brasenose College, Oxford, UK

    Peter Sinclair (Fellow) (Fellow)

Copyright information

© 1988 National Economic Development Office

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Cite this chapter

Artis, M.J. (1988). Are Market Forces Adequate to Maintain Full Employment? If Not, Can Demand Management Policies be Relied Upon to Fill the Gap?. In: Eltis, W., Sinclair, P. (eds) Keynes and Economic Policy. Palgrave Macmillan, London. https://doi.org/10.1007/978-1-349-10338-6_1

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