Titlebook: Essays on Keynesian and Kaldorian Economics; A. P. Thirlwall Book 2015 Palgrave Macmillan, a division of Macmillan Publishers Limited 2015

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Instrumentation and Technical Requirements,ernment spending is the enemy of employment in two ways. First, government borrowing is inflationary which destroys confidence in the private sector. Secondly, government expenditure ‘crowds out’ private expenditure. This latter belief is essentially a return to the old Treasury view, originally bas

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Metrics for Light Source Design,d to Keynesian economics by ‘generalizing’ Keynes’s ., which nearly fifty years later led Sir John Hicks to remark: ‘I think that your (1939) paper was the culmination of the Keynesian revolution in .. You ought to have had more honour for it.’. His reputation was such that in 1938, and still only t

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https://doi.org/10.1007/978-3-030-99173-9 to protest against stupidity and injustice. Keynes described graphically in his Essay to the Memoir Club (Keynes, 1933) his own ‘impulse to protest, to write a letter to ., call a meeting in the Guildhall etc. etc. I behave as if there really existed some authority or standard to which I can succes

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Introduction,he full employment level of income; making the supply of labour a function of the money wage and not the real wage; introducing the demand for money as an asset (liquidity preference) and hence the non-neutrality of money, and emphasising the role of expectations in the determination of investment.

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Keynesian Employment Theory Is Not Defunct,ernment spending is the enemy of employment in two ways. First, government borrowing is inflationary which destroys confidence in the private sector. Secondly, government expenditure ‘crowds out’ private expenditure. This latter belief is essentially a return to the old Treasury view, originally bas

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Keynes, Economic Development and the Developing Countries,e rich people in the poor countries, but relatively few, and a radical redistribution of income by itself would make very little direct difference to the economic destiny of the average citizen. There are nearly three billion people in the world today living in primary poverty, and one billion of th

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Kaldor as a Policy Adviser, to protest against stupidity and injustice. Keynes described graphically in his Essay to the Memoir Club (Keynes, 1933) his own ‘impulse to protest, to write a letter to ., call a meeting in the Guildhall etc. etc. I behave as if there really existed some authority or standard to which I can succes