Abandoning Keynes
ISBN: 9781349143504
Platform/Publisher: SpringerLink / Palgrave Macmillan UK
Digital rights: Users: unlimited; Printing: unlimited; Download: unlimited
Subjects: Palgrave Economics & Finance Collection;

This analysis proposes a political explanation for the breakdown of Keynesian full employment in Australia. It taps into the current literature that examines the role of economic interests, ideas, and institutions, and, by taking issue with the arguments of anti-Keynesian economists, the book carries the argument that there was and is nothing inherently contradictory about Keynesian theory or much of its practice. Keynesianism, its imperfections notwithstanding, was overturned because of a powerful alliance of interests and ideas.


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