Bringing Keynes Up to Date

Bringing Keynes Up to Date

John Kenneth Galbraith, in Journal of Post Keynesian Economics (Fall 19781, M.E. Sharpe, Inc., 901 North Broadway, White Plains, N.Y. 10603.
The new "post Keynesian" economics assumes that modern Western society is in a process of continuous, organic, and beneficent change. The most significant recent change has been the radical decline in the influence of supply and demand as a regulatory force over wages and prices-something that came about through the maturing of industrial society...

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