Letter: The reason Keynes argued for an active fiscal policy

Created
Thu, 09/05/2024 - 20:42
Updated
Thu, 09/05/2024 - 20:42
May 1 2024 William White is right (Letters, April 29) to say that John Maynard Keynes regarded the rate of interest as “highly conventional”, but he should have quoted the whole sentence from chapter 15 of The General Theory: “The difficulties in the way of [full employment] ensue from the association of a conventional and … Continue reading Letter: The reason Keynes argued for an active fiscal policy