TITLE

Getting Lost on the Road to Recovery Why We Need More Keynes and Less Caricature

AUTHOR(S)
ROWE, JASON
PUB. DATE
January 2012
SOURCE
Harvard Kennedy School Review;2012, Vol. 12, p31
SOURCE TYPE
Academic Journal
DOC. TYPE
Article
ABSTRACT
The article focuses on the American Recovery and Reinvestment Act (ARRA), a Keynesian fiscal stimulus that was enacted by the U.S. Congress and was signed into law during the first weeks of U.S. President Barack Obama administration. It says that despite the gains brought by the ARRA, speeding of the economic recovery will need more Keynesian fiscal policies. It cites economist John Maynard Keynes, whose Keynes-inspired fiscal expansion lifted the country's economy after the Great Depression.
ACCESSION #
85526184

 

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