Moudud, Jamee K.; Martinez-Hernandez, Francisco - In: Review of Keynesian Economics 2 (2014) 3, pp. 333-364
The ‘comprehensive socialization of investment’ was a key policy goal of The General Theory. And yet, empirically, we have seen a decline in the public investment share in most OECD countries since the economic crisis of the 1970s. In this paper we study several issues concerning...