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The Economic Consequences of MR Churchill (1925)

Bibliographic Data

ID20051470
AuthorsJohn Maynard Keynes (corresponding author)
Year1978
Pages207-230
Publication date1978-04-01
Peer ReviewedYes
Open AccessYes
TypeCHAPTER
VenueThe Collected Writings of John Maynard Keynes (SOURCE_BOOK)
PublisherCambridge University Press (PUBLISHER • US)
DOI10.1017/upo9781139524162.023
OpenAlexW1593006140
ISBN9781139524162
LanguageEN
Citations received48

World trade and home consumption are both moderately good —running on a level keel, midway between slump and boom. The United States has had a year of abundant prosperity; India and the Dominions are doing fairly well; in France and Italy unemployment is non-existent or negligible; and in Germany during the last six months the numbers receiving the dole have decreased rapidly, by more than half, to 4–5 per cent against our 10 per cent. The aggregate of world production is probably greater than at any time since 1914. Therefore our troubles are not due either to world-wide depression or to reduced consumption at home. And it is obvious what does cause them. It is a question of relative price here and abroad. The prices of our exports in the international market are too high. About this there is no difference of opinion

Economic history · Economics · Evening · Gold standard (test) · Heading (navigation) · Keynesian economics · Macroeconomics · Persuasion · Unemployment · African history and culture studies · Engineering · History · Medicine · Multiculturalism, Politics, Migration, Gender · Psychology · Social Psychology

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Unique citing works48
Citations per year0,94
Citation span1975 - 2025 (51)
Citation velocityrecent
Highly citedNo
Citation typesNeutral: 32

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