The Keynesian performance
Bibliographic Data
| ID | 6251600 |
|---|---|
| Authors | Lowell Gallaway, Lowell E Gallaway (Ohio University), Richard Vedder (Ohio University) |
| Year | 1989 |
| Volume | 3 |
| Issue | 3-4 |
| Pages | 488-504 |
| Publication date | 1989-06-01 |
| Peer Reviewed | Yes |
| Open Access | No |
| Type | ARTICLE |
| Venue | Critical Review (JOURNAL) |
| Journal identifiers | ISSN: 0891-3811 • E-ISSN: 1933-8007 |
| Publisher | Informa UK Limited (PUBLISHER • GB) |
| DOI | 10.1080/08913818908459578 |
| OpenAlex | W2003226186 |
| Language | EN |
| References cited | 14 |
PROSPERITY AND UPHEAVAL: THE WORLD ECONOMY 1945–1980 by Herman Van der Wee translated by Robin Hogg and Max R. Hall Berkeley: University of California Press, 1987. 621pp., $14.95 Van der Wee uncritically accepts that Keynesianism is responsible for post‐war economic stability. Against this belief, it is argued that an analysis of the historical record shows no significant efforts at countercyclical fiscal management in the post‐war era, while efforts to control the economy via monetary policy were associated with increasing instability, culminating in the crisis years of the 1970s. Thus, in the American case at least, post‐war stability has been the result of self‐correcting market tendencies, while instability has followed government macroeconomic intervention
Economic growth · Economic history · Economic interventionism · Economic stability · Economics · Government (linguistics · Intervention (counseling · Keynesian economics · Political science · Politics · Prosperity · Economic Theory and Policy · Fiscal Policies and Political Economy · Global Financial Crisis and Policies · Law · Philosophy · Psychology
The general theory of employment, interest, and money
Economics
A Monetary History of the United States, 1867-1960
The Relation between Unemployment and the Rate of Change of Money Wage Rates in the United Kingdom, 1862-1957
The Relation Between Unemployment and the Rate of Change of Money Wage Rates in the United Kingdom, 1861–1957 1
Economists and the Public
Relative Movements of Real Wages and Output
The Economics of Unemployment
Changes in Real and Money Wages
The Movement of Real and Money Wage Rates
America's Great Depression
| Citation velocity | historical |
|---|---|
| Highly cited | No |