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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

Abstract: 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.

Date: 2021
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DOI: 10.1080/09538259.2020.1823072

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