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|Title:||Classical Competition, Keynesian Adjustment and Composite Dynamics: A Critical Perspective|
Department of Economics
|Publisher:||Dept of Economics|
|Abstract:||Recent literature on a classical cross-dual dynamics has argued the need to supplement these dynamics with short-run dual adjustments interpreted, for the most part, as Keynesian. This paper provides a critique of the implied interpretation of Keynes's insights into the nature of capitalism; and suggests, in line with other recent interpretations, an alternative Keynesianism incorporating short-run and long run aspects. Issues raised in relation to the task of integrating classical cross-dual dynamics and this alternative view of Keynesian are also explored.|
|Department/Unit/Centre:||Department of Economics|
|Type of Work:||Working Paper|
|Appears in Collections:||Working Papers - Economics|
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|Paper No. 214, White - Feb 1995.pdf||1.68 MB||Adobe PDF||View/Open|
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