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  • 标题:Keynes’s "Treatise on Money" and the role of the State
  • 本地全文:下载
  • 作者:Guglielmo Forges Davanzati ; Andrea Pacella
  • 期刊名称:Iberian Journal of the History of Economic Thought
  • 印刷版ISSN:2386-5768
  • 出版年度:2016
  • 卷号:3
  • 期号:1
  • 页码:17-26
  • DOI:10.5209/IJHE.53077
  • 语种:English
  • 出版社:Iberian Journal of the History of Economic Thought
  • 摘要:This paper aims at providing a critical reconstruction of Keynes’s view on the links existing between public spending, interest rate, wages and employment, as formulated in his Treatise on Money . It will be argued that Keynes’s approach leads to a policy prescription which stresses the necessity of direct State intervention in supplying goods and services. This conclusion is derived from a circuitist interpretation of this work.
  • 其他摘要:This paper aims at providing a critical reconstruction of Keynes’s view on the links existing between public spending, interest rate, wages and employment, as formulated in his Treatise on Money . It will be argued that Keynes’s approach leads to a policy prescription which stresses the necessity of direct State intervention in supplying goods and services. This conclusion is derived from a circuitist interpretation of this work.
  • 关键词:John Maynard Keynes;endogenous money;fiscal policy
  • 其他关键词:John Maynard Keynes;endogenous money;fiscal policy
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