Arestis, Philip; Sawyer, Malcolm - In: Intervention. Zeitschrift fuer Ökonomie / Journal of … 01 (2004) 2, pp. 61-74
A major argument used against the use of fiscal policy comes from the view that there are automatic forces within an … economic system to ensure high levels of demand. This paper argues that the case for fiscal policy in general rests on the … policy to perform this task. The argument against fiscal policy to the effect that it does not raise the level of economic …