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RE: prosperity and public spending
It is perhaps the central insight of the Keynesian perspective that when
there are idle resources, idle productive capacity, the real cost of spending
on an additional project is less than zero.
Ed Nell
- Thread context:
- Ricardo and Malthus,
RICHARD P.F. HOLT Wed 31 Mar 1993, 15:13 GMT
- neo-keynesian theory,
RICHARD P.F. HOLT Mon 29 Mar 1993, 12:50 GMT
- New Book,
RICHARD P.F. HOLT Mon 29 Mar 1993, 12:46 GMT
- RE: prosperity and public spending,
RICHARD P.F. HOLT Fri 26 Mar 1993, 21:42 GMT
- Growth and Distribution,
RICHARD P.F. HOLT Fri 26 Mar 1993, 21:24 GMT
- safire,
RICHARD P.F. HOLT Thu 25 Mar 1993, 12:34 GMT
- Sraffa,
RICHARD P.F. HOLT Wed 24 Mar 1993, 17:09 GMT
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