000 01816 a2200289 4500
001 1138901415
005 20250317100405.0
008 250312042015GB eng
020 _a9781138901414
037 _bTaylor & Francis
_cGBP 51.99
_fBB
040 _a01
041 _aeng
072 7 _aKCA
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072 7 _aKCZ
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072 7 _aKCA
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072 7 _aBUS000000
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072 7 _a330.122
_2bisac
100 1 _aSylvie Rivot
245 1 0 _aKeynes and Friedman on Laissez-Faire and Planning
_b‘Where to draw the line?’
250 _a1
260 _aOxford
_bRoutledge
_c20150304
300 _a190 p
520 _bThe 2008 crisis has revived debates on the relevance of laissez-faire, and thus on the role of the State in a modern economy. This volume offers a new exploration of the writings of Keynes and Friedman on this topic, highlighting not only the clear points of opposition between them, but also the places in which their concerns where shared. This volume argues that the parallel currently made with the 1929 financial crisis and the way the latter turned into the Great Depression sheds new light on the proper economic policy to be conducted in both the short- and the long-run in a monetary economy. In light of the recent revival in appreciation for Keynes’ ideas, Rivot investigates what both Keynes and Friedman had to say on key issues, including their respective interpretations of both the 1929 crisis and the Great Depression, their advocacy of the proper employment policy, and the theoretical underpinnings of the latter. The book asks which lessons should be learnt from the Thirties? And what is the relevance of Keynes’ and Friedman’s respective pleas for today?
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_d1667