Eine keynesianische Therapie fur eine nichtkeynesianische Krise?
The answer of many politicians to today's economic crisis is deficit spending and protectionism. It is declared that these are typical keynesian tools - which are - even in Keynes' theory - only suitable in special circumstances and argues that the actual economic crisis is no Keynesian cr...
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Veröffentlicht in: | Zeitschrift für Wirtschaftspolitik 2009-05, Vol.58 (2), p.190 |
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Format: | Artikel |
Sprache: | eng ; ger |
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Zusammenfassung: | The answer of many politicians to today's economic crisis is deficit spending and protectionism. It is declared that these are typical keynesian tools - which are - even in Keynes' theory - only suitable in special circumstances and argues that the actual economic crisis is no Keynesian crisis. The actual lack of demand was predominantly caused by a problematic US monetary policy, not by a lack of marginal efficiency of capital. Keynesian tools cannot solve the crisis and risk to even worsen the situation in different ways. [PUB ABSTRACT} |
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ISSN: | 0721-3808 2366-0317 |