Keynes on State and Economic Development
Fábio Henrique Bittes Terra,
Fernando Ferrari Filho () and
Pedro Cezar Dutra Fonseca
Review of Political Economy, 2021, vol. 33, issue 1, 88-102
This article has two purposes. On the one hand, it develops Keynes’s concept of economic development. On the other hand, it presents Keynes’s ideas about the role of State, chiefly the State Agenda. Keynes believed that the stage of economic development would only be attained if the State Agenda was in practice. In turn, to Keynes the economic development would be a stage in which the economic problems of society have been surpassed, and the motto of the individual behavior has been changed from the love of money to the love of living.
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