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.
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© 1996 Michael Perelman
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Perelman, M. (1996). Keynesian Policy, Monetary Policy, and the Weakening of Competition. In: The Pathology of the U.S. Economy. Palgrave Macmillan, London. https://doi.org/10.1007/978-1-349-24329-7_5
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DOI: https://doi.org/10.1007/978-1-349-24329-7_5
Publisher Name: Palgrave Macmillan, London
Print ISBN: 978-0-333-65023-3
Online ISBN: 978-1-349-24329-7
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