Abandoning Keynes: Australia’s Capital Mistake

Battin, Tim

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.

Details

Published by: Palgrave Macmillan

Publication Date: 1997-05-28

Format: Hardcover

ISBN-13: 9780333682890

DOI: 10.1007/978-1-349-14350-4

Dimensions: 216cm x140cm

Pages: 300