Where to draw the line between laissez-faire and planning? Keynes and Friedman on public and semi-public institutions

Q2 Arts and Humanities

History of Economic Ideas Pub Date : 2011-01-01 DOI:10.1400/173887

Sylvie Rivot

引用次数: 0

Abstract

This paper focuses on the institutions advocated by Keynes and Friedman to ensure efficiency. As they do not share the same optimism on the self-adjusting capacity of the economy, we first analyze their respective views on laissez-faire but also the place allowed to semi-public bodies and the ‘big company’. We then turn to the role attributed to the State. We obtain a mix of advocacies hardly reconcilable, definitive splits between them but also true points of agreement. This is to be explained by, first, their respective explanation of the Great Depression and, second, their respective views on money and uncertainty.

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自由放任和计划之间的界限在哪里?凯恩斯和弗里德曼关于公共和半公共机构的研究

本文主要研究凯恩斯和弗里德曼所倡导的保证效率的制度。由于他们对经济的自我调节能力并不乐观，我们首先分析他们各自对自由放任的看法，以及半公共机构和“大公司”的允许范围。然后我们转到归于国家的作用。我们得到了各种各样的主张，几乎不可调和，他们之间有明确的分歧，但也有真正的共识。首先，他们各自对大萧条的解释，其次，他们各自对货币和不确定性的看法，可以解释这一点。

本文章由计算机程序翻译，如有差异，请以英文原文为准。

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来源期刊

History of Economic Ideas Arts and Humanities-History

CiteScore

0.50

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0.00%

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期刊介绍： History of Economic Ideas is a new international series of Quaderni di storia dell''economia politica, a journal founded in 1983 to promote collaboration between scholars who share an historical approach to the major issues, the various "revolutions" which have left their mark on economics and the spread of economic ideas beyond the narrow circle of specialists. History of Economic Ideas rejects the dichotomy between "analysis" and "culture": both aspects are of equal importance for a wider understanding of the subject. In a period such as our own, where paradigms which once seemed unshakeable are now being challenged, a multidisciplinary analysis of the historical development of economics might contribute to shedding light on the issues at the root of current debate. Besides essays and critical surveys, the journal includes archive material and reviews of new books on history of economics. History of Economic Ideas is double-blind peer reviewed.