Titlebook: Abandoning Keynes; Australia’s Capital Tim Battin Book 1997 Tim Battin 1997 capital.employment.institutions.interest.John Maynard Keynes.K

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Sherene Baugher,Suzanne M. Spencer-Wood revolution. It is the purpose of this chapter to contrast the policies of the pre-1975 period (again, notwithstanding their imperfections and the extent to which they were watered down) with the events after that time in order to demonstrate the palpable collapse of the Keynesian consensus. The yea

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Suzanne M. Spencer-Wood,Sherene Baughert days of Bill Hayden’s Labor leadership, when an accord between the Labor Party and the trade unions (through the ACTU) was drafted, Keynesian beliefs were still discernible to some extent. At least, this was the case within the ALP. Gone was any sense of cross-party consensus on the efficacy of Ke

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Sherene Baugher,Suzanne M. Spencer-Woodltaneous occurrence of high inflation and persistent unemployment levels in advanced OECD countries — something that so-called Keynesianism had said to be impossible. Yet it has been suggested that an understanding of Keynesianism which contends that unemployment and inflation could not occur togeth

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David R. Starbuck,Paula J. Dennisre, in many places accompanied the rise of Keynesianism. The quantitative and qualitative terms of that relationship, however, vary significantly in advanced OECD countries, and it is this aspect of the debate which has considerable implications for the questions that have concerned the present argu

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State Formation in the New Worldf the role of institutions and occasional shocks that influence or alter the interaction — this investigation has argued that the breakdown of Keynesianism in Australia can be best understood with reference to politics. In placing itself in what could be called the democratic socialist or radical so

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The Natural Limits of Human Endurance an exception to this.. And recently Christopher Hood has taken up an interest in attempting to build a conceptual model with which to approach something as significant as the shift from Keynesian to anti-Keynesian thought and practice.. We turn to these and associated works throughout in order to c

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Sherene Baugher,Suzanne M. Spencer-Woodn explain — independently of politics — the workings of a capitalist economy are to be rejected as deficient. Specifically, this deficiency lies in the way such explanations ignore political explanations for how and why inflation occurs, how and why unemployment occurs, and how and why these two ent