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Keynes on State and Economic Development

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  • Fábio Henrique Bittes Terra
  • Fernando Ferrari Filho
  • Pedro Cezar Dutra Fonseca

Abstract

This article has two purposes. On the one hand, it develops Keynes’s concept of economic development. On the other hand, it presents Keynes’s ideas about the role of State, chiefly the State Agenda. Keynes believed that the stage of economic development would only be attained if the State Agenda was in practice. In turn, to Keynes the economic development would be a stage in which the economic problems of society have been surpassed, and the motto of the individual behavior has been changed from the love of money to the love of living.

Suggested Citation

  • Fábio Henrique Bittes Terra & Fernando Ferrari Filho & Pedro Cezar Dutra Fonseca, 2021. "Keynes on State and Economic Development," Review of Political Economy, Taylor & Francis Journals, vol. 33(1), pages 88-102, January.
    • Handle: RePEc:taf:revpoe:v:33:y:2021:i:1:p:88-102
    DOI: 10.1080/09538259.2020.1823072
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    Cited by:

    1. Cunha, André Moreira & Lélis, Marcos Tadeu Caputi & Haines, Andrés Ernesto Ferrari & Franke, Luciane, 2023. "Exports of manufactured goods and structural change: Brazil in the face of Chinese competition," Structural Change and Economic Dynamics, Elsevier, vol. 64(C), pages 1-12.

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