A Post Keynesian theory of economic policy—filling a void

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Autor/in:
Erscheinungsjahr:
2009
Medientyp:
Text
Schlagworte:
  • Endogenous money
  • Money
  • Monetary
  • Monetary Policy
  • Economic Growth
  • Exports
  • Endogenous money
  • Money
  • Monetary
  • Monetary Policy
  • Economic Growth
  • Exports
Beschreibung:
  • The traditional theory of economic policy of the Tinbergen-Theil-type come under severe criticism:in the ontological setting of the "new classical " based on the rational expectations hypothesis,economic is ineffective or neutral with respect to real variables.In the ontological of Hayekian economics based on informational deficiencies,economic is without orientation and,therefore, more harmful than helpful.Therefore,criticisms are united in their rejection of state interventions. In this paper,Post Keynesian alternative is presented which is situated between nomocratic and teleological controllability. © 2009 M.E. Sharpe, Inc.
Lizenz:
  • info:eu-repo/semantics/closedAccess
Quellsystem:
Forschungsinformationssystem der UHH
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Quelldatensatz
oai:www.edit.fis.uni-hamburg.de:publications/99257259-c510-4933-b4e1-9c6d79573eed