IDEAS home Printed from https://ideas.repec.org/a/cpn/umkanc/2013p289-302.html
   My bibliography  Save this article

John M. Keynes and His Anti-Crisis Program

Author

Listed:
  • Izabela Bludnik

    (Poznan University of Economics)

Abstract

The paper presents some crucial fiscal and monetary actions proposed by John M. Keynes in order to struggle with the consequences of the Great Depression. The recent world financial crisis lasting since 2007–2008 restored their significance and efficiency. Nowadays, Keynes’s proposals are explicitly used to create numerous public decisions aimed at active economic stabilization. Keynes’s proposition concerning the necessary reform of the international payments system, however, remains unnoticed and undervalued. Still it seems to be particularly adequate for current situation of the Euro countries.

Suggested Citation

  • Izabela Bludnik, 2013. "John M. Keynes and His Anti-Crisis Program," Acta Universitatis Nicolai Copernici, Ekonomia, Uniwersytet Mikolaja Kopernika, vol. 44(2), pages 289-302.
    • Handle: RePEc:cpn:umkanc:2013:p:289-302
    as

    Download full text from publisher

    File URL: http://wydawnictwoumk.pl/czasopisma/index.php/AUNC_EKON/article/view/AUNC_ECON.2013.019/2927
    Download Restriction: no
    ---><---

    More about this item

    Keywords

    financial crisis; effective demand; money; monetary policy; fiscal policy; international payments system.;
    All these keywords.

    JEL classification:

    • B26 - Schools of Economic Thought and Methodology - - History of Economic Thought since 1925 - - - Financial Economics
    • E12 - Macroeconomics and Monetary Economics - - General Aggregative Models - - - Keynes; Keynesian; Post-Keynesian; Modern Monetary Theory
    • E21 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Consumption; Saving; Wealth
    • E52 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit - - - Monetary Policy
    • E62 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook - - - Fiscal Policy; Modern Monetary Theory
    • F33 - International Economics - - International Finance - - - International Monetary Arrangements and Institutions

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:cpn:umkanc:2013:p:289-302. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Miroslawa Buczynska (email available below). General contact details of provider: http://www.wydawnictwoumk.pl .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.