Incomes Policy Remedies

E Ray Canterbery

Chapter 13 in The Rise and Fall of Global Austerity, 2015, pp 213-230 from World Scientific Publishing Co. Pte. Ltd.

Abstract: Keynes, writes John Kenneth Galbraith, was long held suspect by his colleagues because of the clarity of his writing. But “in The General Theory… [he] redeemed his academic reputation. It is a work of profound obscurity, badly written and prematurely published.” Perhaps fog is to be expected when one sails into uncharted waters. Keynes struggled to avoid comparison of the General Theory with his earlier literary efforts such as The Economic Consequences of the Peace. In the struggle, Keynes succeeded all too well, and Keynes's classic beget a host of interpretations…

Keywords: Austerity; Expansionary Austerity; Housing Bubble; Global Great Recession; Austerity Lobby; Monetary Policy; Fiscal Policy; Incomes Policy; Full Employment; Public Debt; Austerity in Europe; Domestic Inequality; Global Inequality; Economic Growth; Post Keynsesians; John Maynard Keynes; Michal Kalecki; Piero Sraffa; Hyman Minsky; Vita Theory; Trickle-Down Economics; Keynesians; Trickle-Up Economics; Keynesian Economics; Trends in Suicide Rates; Health and The Economy; Alan Greenspan; Ben Benanke; Janet Yellen; Federal Reserve Board; European Central Bank; The Euro (search for similar items in EconPapers)
Date: 2015
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