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.