Keynesian Cure for the Depression

Case Analysis

Keynes, in excerpts from a 1933 brochure outlining its recommendations for recovery from the depression. He stressed the need to finance the expenditures for public works through government borrowing and discussed the “multiplier” effect of deficit spending of GNP. The case, Keynesian methods of macroeconomic analysis.

Keynes, in excerpts from a 1933 brochure outlining its recommendations for recovery from the depression. He stressed the need to finance the expenditures for public works through government borrowing and discussed the “multiplier” effect of deficit spending of GNP. The case, Keynesian methods of macroeconomic analysis.
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from
Thomas K. McCraw,
Daniel A. Pope
Source: Harvard Business School
10 pages.
Publication Date: Nov 13, 1981. Prod #: 382065-PDF-ENG
Keynesian remedies for depression HBR case solution