Introduction: there is more to Keynesianism than public spending alone

The brief note introduces the articles collected in the present issue of the journal. It places the various contributions in perspective, critically summarizing the major economic developments since the publication of the last issue. After a rapid surge of Keynesianism in the USA and partly in Euro...

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Main Author: Carlo D'Ippoliti
Format: Article
Language:English
Published: Associazione Economia civile 2012-04-01
Series:PSL Quarterly Review
Subjects:
Online Access:https://rosa.uniroma1.it/rosa04/psl_quarterly_review/article/view/9945
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author Carlo D'Ippoliti
author_facet Carlo D'Ippoliti
author_sort Carlo D'Ippoliti
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description The brief note introduces the articles collected in the present issue of the journal. It places the various contributions in perspective, critically summarizing the major economic developments since the publication of the last issue. After a rapid surge of Keynesianism in the USA and partly in Europe, in the wake of the financial and economic crisis, the cultural and political debate has now already returned to fiercely opposing it. The point is that Keynesianism is often taken in its simplest and "bastard" form, to imply a prescription of large public spending, and indeed ever more spending – with no check, no limit or allowance for a country’s actual financial and economic situation. Once again, the new issue of our journal aims at pointing out how far from reality such caricature is, with some of the articles by self-identified Keynesian writers taking on radically different and significantly more nuanced approaches, as well as how far is it from the economic policy that is needed right now.        JEL Codes: E11, G01, B50, H12
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spelling doaj.art-265a3f2bf1d3485e9784b40fa542b7722023-02-03T16:51:47ZengAssociazione Economia civilePSL Quarterly Review2037-36352037-36432012-04-016526010.13133/2037-3643/9945Introduction: there is more to Keynesianism than public spending aloneCarlo D'Ippoliti0Assistant Editor, PSL Quarterly Review The brief note introduces the articles collected in the present issue of the journal. It places the various contributions in perspective, critically summarizing the major economic developments since the publication of the last issue. After a rapid surge of Keynesianism in the USA and partly in Europe, in the wake of the financial and economic crisis, the cultural and political debate has now already returned to fiercely opposing it. The point is that Keynesianism is often taken in its simplest and "bastard" form, to imply a prescription of large public spending, and indeed ever more spending – with no check, no limit or allowance for a country’s actual financial and economic situation. Once again, the new issue of our journal aims at pointing out how far from reality such caricature is, with some of the articles by self-identified Keynesian writers taking on radically different and significantly more nuanced approaches, as well as how far is it from the economic policy that is needed right now.        JEL Codes: E11, G01, B50, H12 https://rosa.uniroma1.it/rosa04/psl_quarterly_review/article/view/9945introductionEurocrisisfinancial regulationKeynesianism
spellingShingle Carlo D'Ippoliti
Introduction: there is more to Keynesianism than public spending alone
PSL Quarterly Review
introduction
Euro
crisis
financial regulation
Keynesianism
title Introduction: there is more to Keynesianism than public spending alone
title_full Introduction: there is more to Keynesianism than public spending alone
title_fullStr Introduction: there is more to Keynesianism than public spending alone
title_full_unstemmed Introduction: there is more to Keynesianism than public spending alone
title_short Introduction: there is more to Keynesianism than public spending alone
title_sort introduction there is more to keynesianism than public spending alone
topic introduction
Euro
crisis
financial regulation
Keynesianism
url https://rosa.uniroma1.it/rosa04/psl_quarterly_review/article/view/9945
work_keys_str_mv AT carlodippoliti introductionthereismoretokeynesianismthanpublicspendingalone