Debt cycles, unstability and fiscal rules : a Godley-Minsky synthesis Yannis Defermos
By: Dafermos, Yannis
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Material type: 
ArticlePublisher: 2018Subject(s): CICLOS ECONOMICOS | DEUDA PUBLICA | IMPUESTOS | GASTO PUBLICOOnline resources: Click here to access online
In:
Cambridge Journal of Economics v. 42, n. 5, September 2018, p. 1277-1313Summary: This paper examines Friedman’s writings in the years 1941–43 and compares them with those after the war with a view to assessing differences and similarities. Albeit a first assessment, Friedman’s claim that he was suffering from a ‘Keynesian illness’
in his ‘Washington phase’ appears to have been less ‘serious’ and deep than he himself feared, although he was to some extent influenced by the ‘prevailing Keynesian temper of the time’.
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| Artículos | IEF | IEF | OP 1352/2018/5-2 (Browse shelf) | Available | OP 1352/2018/5-2 |
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| OP 1352/2018/42-2 Wheels within wheels within wheels | OP 1352/2018/5 Cambridge Journal of Economics | OP 1352/2018/5-1 An initial "Keynesian illness"? | OP 1352/2018/5-2 Debt cycles, unstability and fiscal rules | OP 1352/2018/6 Cambridge Journal of Economics | OP 1352/2018/6-1 The dynamics of industrial and economic renewal in mature economies | OP 1352/2018/6-2 " Home - sourcing " and closer value chains in mature economies |
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This paper examines Friedman’s writings in the years 1941–43 and compares them with those after the war with a view to assessing differences and similarities. Albeit a first assessment, Friedman’s claim that he was suffering from a ‘Keynesian illness’
in his ‘Washington phase’ appears to have been less ‘serious’ and deep than he himself feared, although he was to some extent influenced by the ‘prevailing Keynesian temper of the time’.
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