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
1. Verfasser: Starbatty, Joachim
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}
ISSN:0721-3808
2366-0317