Abstract
Keynesian stimulus packages in response to the Global Financial Crisis are seen by some as the return to favour of J.M. Keynes and Keynesian discretionary fiscal policy. Such wishful thinking is unlikely to occur for a number of reasons outlined in this article.
| Original language | English |
|---|---|
| Pages (from-to) | 204-215 |
| Number of pages | 12 |
| Journal | International Journal of Applied Economics and Econometrics |
| Volume | 20 |
| Issue number | 1 |
| Publication status | Published - 2012 |
Keywords
- keynesian economics
- Global Financial Crisis, 2008-2009
- fiscal policy
- Keynes, John Maynard, 1883-1946
