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Keynesian Policy, Monetary Policy, and the Weakening of Competition

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Abstract

In this chapter, we will look in more detail at John Maynard Keynes’s doctrines, which form the theoretical base for the Economic Management School. We shall see that, while Keynesian policies can stimulate the economy relatively quickly, in the long run they can cause serious damage.

Keywords

Interest Rate Machine Tool Monetary Policy Capital Stock Steel Industry 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.

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Copyright information

© Michael Perelman 1993

Authors and Affiliations

  1. 1.California State UniversityUSA

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