Despite appearances, this government isn't really Keynesian, as its budget update shows
- Written by The Conversation
It is tempting to think the Australian government’s decision to spend big – bigger than ever before, an unprecedented 33% of GDP this financial year according to the budget update – marks an embrace of Keynesian economics after decades in which Australian authorities have looked the other way.
Keynesian economics – named...
Read more: Despite appearances, this government isn't really Keynesian, as its budget update shows