Suchergebnisse

This paper examines some of the public policy implications of the debate about the Keynesian Revolution. This it does by testing more recent (revisionist) interpretations which have challenged traditional (Keynesian) beliefs that a revolution took place. It is argued that the notion of a revolution remains broadly serviceable: and that some of the revisionists have overstated their case, while providing valuable correctives to the cruder varieties of Keynesian interpretation.