Demando-Mania: Keynes and Demand-Deficient Versions of Crisis
Volodymyr Ryaboshlyk
Chapter 11 in Crisis and Embodied Innovations, 2014, pp 166-168 from Palgrave Macmillan
Abstract:
Abstract The enigma of economic crises can be reduced to the fundamental question: Why do people buy less? Because their desire to buy grows less or because there is less to buy? The former version dominates not only today but during all the history of economic science.
Keywords: Aggregate Demand; Active Circulation; Economic Science; Price Rigidity; Extreme Inequality (search for similar items in EconPapers)
Date: 2014
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-137-47707-1_11
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DOI: 10.1057/9781137477071_11
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