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Armement et dépenses publiques, quels enjeux pour l'analyse robinsonienne ?

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  • Renaud Bellais

Abstract

Public expenditures have a crucial place within the Keynesian theory. How then not questioning J. Robinson about the consequences of arms race? Especially since the Cambridge economist has been fiercely opposed to "military Keynesianism". It is interesting to replace military expenditures in her analysis, to show its interest as well as underline its limits. Politically dangerous and economically inefficient, these expenditures can play an great role to alleviate deficiencies of capitalism by allowing investments rejected or neglected by private investors despite their key role in a long-term perspective.

Suggested Citation

  • Renaud Bellais, 2001. "Armement et dépenses publiques, quels enjeux pour l'analyse robinsonienne ?," Innovations, De Boeck Université, vol. 14(2), pages 139-158.
  • Handle: RePEc:cai:inndbu:inno_014_0139
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    References listed on IDEAS

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    1. Paul Davidson, 1991. "Is Probability Theory Relevant for Uncertainty? A Post Keynesian Perspective," Journal of Economic Perspectives, American Economic Association, vol. 5(1), pages 129-143, Winter.
    2. Sheila C. Dow & John Hillard (ed.), 1995. "Keynes, Knowledge And Uncertainty," Books, Edward Elgar Publishing, number 148.
    3. Smith, R P, 1977. "Military Expenditure and Capitalism," Cambridge Journal of Economics, Oxford University Press, vol. 1(1), pages 61-76, March.
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