Prosperity and public spending : transformational growth and the role of government / Edward Nell.

Format:

Book

Author/Creator:

Nell, Edward J.

Series:

Routledge revivals.

Routledge revivals

Language:

English

Subjects (All):

Economic development.

Expenditures, Public.

Physical Description:

1 online resource (263 p.)

Edition:

1st ed.

Place of Publication:

Boston : Unwin Hyman, 2009, c1988.

Language Note:

English

Summary:

In a dramatic and well-argued challenge to the prevailing wisdom, Prosperity and Public Spending, first published in 1988, contends that the failure of Keynesian economics has been due to its timidity. Far from contracting, the government must expand its powers and activities, in order to achieve and maintain economic prosperity. The need for such expansion arises from the fact that the system has developed from a craft-based economy to a mass-production network with sophisticated international finance. This ""transformational growth"" brings about irreversible and sometimes devast

Contents:

Book Cover; Title01; Copyright01; Title02; Copyright02; Contents; Preface; Introduction; Part I: The Retreat from Prosperity; 1 The Slowdown of the 1970s; 2 The Breakup of the Keynesian Consensus; 3 The Impact of Government Deficits; Part II: From Kinship Capitalism to Corporate Industry; 4 The Traditional Craft System: Family Firms and Family Farms; 5 Corporate Industry: Demand-Determined Production; 6 The State and the Corporate Economy; 7 Transformational Growth and the Slowdown; Part III: Free Markets or Planned Prosperity?; 8 Inflation and the World Economy

9 Government and the Free-Market Consensus10 Public Spending in a Demand-Constrained Economy; 11 Postscript: The British Experience; Bibliography; Index

Notes:

First published in 1988.

Includes bibliographical references and index.

ISBN:

1-135-15635-2

1-135-15636-0

1-282-44340-2

9786612443404

0-203-85732-1

9780203857328

OCLC:

499116303