Keynes’s Early Work on Monetary Policy

Eric Rauchway

Challenge, 2016, vol. 59, issue 1, 12-21

Abstract: J. M. Keynes’s earliest and most important influential work, this economic historian argues, was monetary, not fiscal, policy. One major conclusion is that it is better to risk inflation than increase unemployment.

Date: 2016
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DOI: 10.1080/05775132.2015.1114854

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