ASPECTS REGARDING THE APPEARANCE AND THE EVOLUTION OF KEYNESIAN DOCTRINE

Authors

  • D.G. FLORESCU
  • D. CONSTANTIESCU
  • M. NICOLAE
  • L. HARCAN
  • F. EREMIA

Abstract

This present paper is based on the importance of the keynesian doctrine in time and tries to make a brief foray into the life and work of John Maynard Keynes, revealing important aspects related to the new concepts this doctrine brought in the history of economic thought, looking at the same time to the criticism addressed to the keynesism and studying the effects they had in the development study of economic science. The objective of this theory is "the analysis of the mechanism of the market economy in order to ensure sustainable development, reducing or eliminating the disequilibrium, when it is not verified in practice the idea of the self equilibrium through the price mechanism."

Keynes wrote in an era marked by mass unemployment, by degradation and suffering at an incredible level. A reasonable person could have supported the failure of capitalism, concluding that only major institutional changes - perhaps nationalization of means of production - could restore economic health.

Downloads

Published

2018-09-15

Issue

Section

Working Group 4: Management, agriculture mechanization and cadastre