{"title":"简评凯恩斯主义经济学","authors":"M. Davidsson","doi":"10.5296/JSR.V4I1.3168","DOIUrl":null,"url":null,"abstract":"In this paper we will discuss the strength (austerity does not work) and the weakness (Quantitative Easing) of Keynesian economics. We will describe the ergodic hypothesis which plays a critical role in Keynesian economics. We will also try to provide an answer to the question: What role does people, debt and ensemble and time averages play in macroeconomics? The conclusion of the paper is that it was a mistake to abandon the gold standard (which Keynes argued for) because it gave price stability i.e. no fiat money.","PeriodicalId":127579,"journal":{"name":"ERN: Keynes; Keynesian; Post-Keynesian (Topic)","volume":"05 1","pages":"0"},"PeriodicalIF":0.0000,"publicationDate":"2013-01-28","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"0","resultStr":"{\"title\":\"A Simple Comment on Keynesian Economics\",\"authors\":\"M. Davidsson\",\"doi\":\"10.5296/JSR.V4I1.3168\",\"DOIUrl\":null,\"url\":null,\"abstract\":\"In this paper we will discuss the strength (austerity does not work) and the weakness (Quantitative Easing) of Keynesian economics. We will describe the ergodic hypothesis which plays a critical role in Keynesian economics. We will also try to provide an answer to the question: What role does people, debt and ensemble and time averages play in macroeconomics? The conclusion of the paper is that it was a mistake to abandon the gold standard (which Keynes argued for) because it gave price stability i.e. no fiat money.\",\"PeriodicalId\":127579,\"journal\":{\"name\":\"ERN: Keynes; Keynesian; Post-Keynesian (Topic)\",\"volume\":\"05 1\",\"pages\":\"0\"},\"PeriodicalIF\":0.0000,\"publicationDate\":\"2013-01-28\",\"publicationTypes\":\"Journal Article\",\"fieldsOfStudy\":null,\"isOpenAccess\":false,\"openAccessPdf\":\"\",\"citationCount\":\"0\",\"resultStr\":null,\"platform\":\"Semanticscholar\",\"paperid\":null,\"PeriodicalName\":\"ERN: Keynes; Keynesian; Post-Keynesian (Topic)\",\"FirstCategoryId\":\"1085\",\"ListUrlMain\":\"https://doi.org/10.5296/JSR.V4I1.3168\",\"RegionNum\":0,\"RegionCategory\":null,\"ArticlePicture\":[],\"TitleCN\":null,\"AbstractTextCN\":null,\"PMCID\":null,\"EPubDate\":\"\",\"PubModel\":\"\",\"JCR\":\"\",\"JCRName\":\"\",\"Score\":null,\"Total\":0}","platform":"Semanticscholar","paperid":null,"PeriodicalName":"ERN: Keynes; Keynesian; Post-Keynesian (Topic)","FirstCategoryId":"1085","ListUrlMain":"https://doi.org/10.5296/JSR.V4I1.3168","RegionNum":0,"RegionCategory":null,"ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"","JCRName":"","Score":null,"Total":0}
In this paper we will discuss the strength (austerity does not work) and the weakness (Quantitative Easing) of Keynesian economics. We will describe the ergodic hypothesis which plays a critical role in Keynesian economics. We will also try to provide an answer to the question: What role does people, debt and ensemble and time averages play in macroeconomics? The conclusion of the paper is that it was a mistake to abandon the gold standard (which Keynes argued for) because it gave price stability i.e. no fiat money.