Tag Archives: stimulus

‘Free market’ Keynesian demand management: Oxymoron?

[Continuing to read Pasinetti‘s 1981 tour-de-force Structural Change and Economic Growth. This post inspired by page 90-91 (available at Google Books preview).] Following the advent in 2008 of the global financial crisis, government ‘demand management‘¬†again rose to prominence in mainstream economic debate and actual policy in many countries, under the label of ‘stimulus’, and indeed […]