How much is enough?
AbstractThis article assesses the extent and nature of the stimulus that will be required to end the economic crisis that opened in 2008. It compares the present economic situation to that which opened in 1929 and studies the relation between state spending, investment, and employment.
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Bibliographic InfoPaper provided by University Library of Munich, Germany in its series MPRA Paper with number 13262.
Date of creation: 08 Feb 2009
Date of revision:
Keywords: Credit Crunch; Investment; Liquidity Preference; Rate of Profit; State; Welfare State; War; Military Keynesianism;
Find related papers by JEL classification:
- E0 - Macroeconomics and Monetary Economics - - General
- E12 - Macroeconomics and Monetary Economics - - General Aggregative Models - - - Keynes; Keynesian; Post-Keynesian
- E32 - Macroeconomics and Monetary Economics - - Prices, Business Fluctuations, and Cycles - - - Business Fluctuations; Cycles
This paper has been announced in the following NEP Reports:
- NEP-ALL-2009-02-14 (All new papers)
- NEP-MAC-2009-02-14 (Macroeconomics)
- NEP-PKE-2009-02-14 (Post Keynesian Economics)
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- Freeman, Alan, 2012. "The Profit Rate in the Presence of Financial Markets: a Necessary Correction," MPRA Paper 52625, University Library of Munich, Germany, revised 01 Jul 2012.
- Freeman, Alan, 2011. "Crisis, Marxism, and Economic Laws: A Response to Gary Mongiovi," MPRA Paper 52538, University Library of Munich, Germany, revised 05 May 2011.
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