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A NEO - KEYNESIAN CRITIQUE OF " SUPPLY - SIDE " ECONOMICS HIRENDRA NATH ROY * Of late the Keynesian demand management policies for stabilization have come in for a good deal of criticism . The reason is , of course , the apparent ...
A NEO - KEYNESIAN CRITIQUE OF " SUPPLY - SIDE " ECONOMICS HIRENDRA NATH ROY * Of late the Keynesian demand management policies for stabilization have come in for a good deal of criticism . The reason is , of course , the apparent ...
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Keynesian " depression model " , so he argues , does not fit the modern world . Hence " a new view " -a new macroeconomic theory - is necessary . But , as yet , no such alternative theory , comparable to Keynesian macrodynamics ...
Keynesian " depression model " , so he argues , does not fit the modern world . Hence " a new view " -a new macroeconomic theory - is necessary . But , as yet , no such alternative theory , comparable to Keynesian macrodynamics ...
Page 6
Keynesian adjustment mechanism is asymmetric in the sense that in situa- tions of considerable unemployment when demand varies either ways , it is the output that responds , and not the prices . Prices are rigid .
Keynesian adjustment mechanism is asymmetric in the sense that in situa- tions of considerable unemployment when demand varies either ways , it is the output that responds , and not the prices . Prices are rigid .
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Contents
A NeoKeynesian Critique | 1 |
Art in the Kushāna Empire | 29 |
Book Review | 74 |
Copyright | |
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