Good read on the Keynesian principle of effective demand and the practice of Keynesianism till it was abandoned using faulty reasoning in the 70s and 80s. Nicholas Kaldor from 1983:
Post-Keynesian Ideas For A Crisis That Conventional Remedies Cannot Resolve
by Ramanan on 10 May 2012
Good read on the Keynesian principle of effective demand and the practice of Keynesianism till it was abandoned using faulty reasoning in the 70s and 80s. Nicholas Kaldor from 1983:
Tagged as: google books preview, john maynard keynes, nicholas kaldor
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