LEADER 03182oam 2200673I 450 001 9910778700603321 005 20230725041248.0 010 $a1-135-15635-2 010 $a1-135-15636-0 010 $a1-282-44340-2 010 $a9786612443404 010 $a0-203-85732-1 024 7 $a10.4324/9780203857328 035 $a(CKB)1000000000811389 035 $a(EBL)460335 035 $a(OCoLC)499116303 035 $a(SSID)ssj0000341924 035 $a(PQKBManifestationID)11284345 035 $a(PQKBTitleCode)TC0000341924 035 $a(PQKBWorkID)10396023 035 $a(PQKB)10320320 035 $a(MiAaPQ)EBC460335 035 $a(Au-PeEL)EBL460335 035 $a(CaPaEBR)ebr10358634 035 $a(CaONFJC)MIL244340 035 $a(OCoLC)842259634 035 $a(EXLCZ)991000000000811389 100 $a20180706h20101988 uy 0 101 0 $aeng 135 $aur|n|---||||| 181 $ctxt 182 $cc 183 $acr 200 10$aProsperity and public spending $etransformational growth and the role of government /$fEdward Nell 210 1$aLondon :$cRoutledge,$d2010, c1988. 215 $a1 online resource (263 p.) 225 1 $aRoutledge revivals 300 $aFirst published in 1988. 311 $a0-415-57288-6 311 $a0-415-57104-9 320 $aIncludes bibliographical references and index. 327 $aBook Cover; Title01; Copyright01; Title02; Copyright02; Contents; Preface; Introduction; Part I: The Retreat from Prosperity; 1 The Slowdown of the 1970s; 2 The Breakup of the Keynesian Consensus; 3 The Impact of Government Deficits; Part II: From Kinship Capitalism to Corporate Industry; 4 The Traditional Craft System: Family Firms and Family Farms; 5 Corporate Industry: Demand-Determined Production; 6 The State and the Corporate Economy; 7 Transformational Growth and the Slowdown; Part III: Free Markets or Planned Prosperity?; 8 Inflation and the World Economy 327 $a9 Government and the Free-Market Consensus10 Public Spending in a Demand-Constrained Economy; 11 Postscript: The British Experience; Bibliography; Index 330 $aIn a dramatic and well-argued challenge to the prevailing wisdom, Prosperity and Public Spending, first published in 1988, contends that the failure of Keynesian economics has been due to its timidity. Far from contracting, the government must expand its powers and activities, in order to achieve and maintain economic prosperity. The need for such expansion arises from the fact that the system has developed from a craft-based economy to a mass-production network with sophisticated international finance. This ""transformational growth"" brings about irreversible and sometimes devast 410 0$aRoutledge revivals. 606 $aEconomic development 606 $aExpenditures, Public 615 0$aEconomic development. 615 0$aExpenditures, Public. 676 $a336 676 $a339.522 700 $aNell$b Edward J.$0119361 801 0$bMiAaPQ 801 1$bMiAaPQ 801 2$bMiAaPQ 906 $aBOOK 912 $a9910778700603321 996 $aProsperity and public spending$935937 997 $aUNINA