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Autor
Bludnik Izabela (Poznań University of Economics, Poland)
Tytuł
Determinants of Economic Activity - the Keynesian Perspective
Źródło
Argumenta Oeconomica, 2008, nr 1 (20), s. 19-30, bibliogr. 33 poz.
Słowa kluczowe
Keynesizm, Wzrost gospodarczy, Popyt, Podaż
Keynesian theory, Economic growth, Demand, Supply
Uwagi
summ.
Abstrakt
The lack of effective demand is commonly treated as a cornerstone of Keynesian attitude towards the deterioration of economic activity and a drop in growth indexes. However, the Keynesian paradigm has been evolving for seventy years. Hence, the opinions concerning the causes of downturn should expose the same tendency. Actually, John M. Keynes and post-war Keynesians ascribed the economic problems to the demand side of market. Together with the development of Keynesianism the demand started to lose its meaning. Step by step it became a second-order factor influencing the economy only temporarily. It is the supply side that plays a much more important role nowadays. New Keynesians claim that in order to attain suitable growth indexes (high employment above all) one must remove the barriers and imperfections typical of supply side. Thus, identifying the term “Keynesian policy” with “demand policy” became ungrounded and misleading.(original abstract)
Dostępne w
Biblioteka Główna Uniwersytetu Ekonomicznego w Krakowie
Biblioteka Szkoły Głównej Handlowej w Warszawie
Biblioteka Główna Uniwersytetu Ekonomicznego w Katowicach
Biblioteka Główna Uniwersytetu Ekonomicznego w Poznaniu
Biblioteka Główna Uniwersytetu Ekonomicznego we Wrocławiu
Bibliografia
Pokaż
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Cytowane przez
Pokaż
ISSN
1233-5835
Język
eng
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