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The Hawke Years and the End of Keynesian Beliefs

In: Abandoning Keynes

Author

Listed:
  • Tim Battin

    (University of New England)

Abstract

Even though many have dated the death of Keynesianism at around the time of the mid-1970s, there is good reason to suggest that as recently as the last days of Bill Hayden’s Labor leadership, when an accord between the Labor Party and the trade unions (through the ACTU) was drafted, Keynesian beliefs were still discernible to some extent. At least, this was the case within the ALP. Gone was any sense of cross-party consensus on the efficacy of Keynesian macro-economic management, let alone the feasibility of Keynesian full employment. For this reason, the focus of discussion of this chapter will be on the Australian Labor Party.

Suggested Citation

  • Tim Battin, 1997. "The Hawke Years and the End of Keynesian Beliefs," Palgrave Macmillan Books, in: Abandoning Keynes, chapter 5, pages 107-120, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-1-349-14350-4_6
    DOI: 10.1007/978-1-349-14350-4_6
    as

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