On John Maynard Keynes’ "General Theory of Employment, Interest and Money"
New Books in the History of Science
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The Keynesian System and the Global Crisis of 2008
The Keynesian system became a bit victim of its own success. The 1970s saw a very great increase in inflation, which led to some rejection of Keynes' ideas. Inflation was successfully controlled, more was deregulated, but this resulted in financial excesses and the 2008 crisis. Now we're back in a period where Keynes's ideas seem central and important in their relevance.
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