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Keynes, policy and environmental crisis

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  • Tony Aspromourgos

Abstract

This essay considers the question, what does Keynes’s economics have to offer for addressing environmental crisis? It first enquires into the elements of Keynes’s thought that are relevant to the interrelationship between nature and the human economy, concluding that Keynes cannot be construed as an advocate for environmental sustainability. Nevertheless, it is then shown how his economics and outlook on policy can usefully inform policy today, in an age of environmental crisis, by reference to marshalling the economic capabilities of the state; discounting the future; environmental crisis in relation to financial crises; and global coordination.

Suggested Citation

  • Tony Aspromourgos, 2025. "Keynes, policy and environmental crisis," The European Journal of the History of Economic Thought, Taylor & Francis Journals, vol. 32(6), pages 914-933, November.
    • Handle: RePEc:taf:eujhet:v:32:y:2025:i:6:p:914-933
    DOI: 10.1080/09672567.2025.2589510
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