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p. 1035. Economic statesmanshiplocked

  • Robert Skidelsky

Abstract

Keynes was prolific in coming up with plans to solve economic problems during the 1930s and beyond. His plans were always ahead of the intellectual orthodoxy of the moment, and they could readily be fitted into existing administrative arrangements. ‘Economic statesmanship’ considers Keynes as policy proposer and policy maker, and looks at a number of his plans for economic management. The familiar context of Keynesian economics is the Great Depression of the 1930s and the collapse of the world economy. But a more persistent context was the unbalanced creditor position of the United States.

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