Download Chine trois fois muette : Essai sur l'histoire contemporaine by Jean François Billeter PDF

By Jean François Billeter

Dans cet ouvrage formé de deux essais qui se complètent l’un l’autre, Jean François Billeter éclaire doublement ce qui se passe en Chine aujourd’hui : d’abord du element de vue de l’histoire du capitalisme, de cette "réaction en chaîne non maîtrisée" dont il retrace l’histoire depuis son début en Europe, à l’époque de los angeles Renaissance ; ensuite du aspect de vue de l’histoire chinoise, dont il offre également une synthèse dense, mais claire. Cet ouvrage intéressera les lecteurs qui s’interrogent sur l. a. Chine actuelle, mais aussi ceux qui réfléchissent sur le second présent de l’histoire et ses suites possibles.

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Extra info for Chine trois fois muette : Essai sur l'histoire contemporaine et la Chine

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The many thousands of words written by Keynes on inflation as an excess-demand phenomenon are palpable and, to anyone who “searches through his writings very carefully,” rather obtrusive. There are, however, many echoes between the Keynesians’ and Keynes’s views on social fairness. His writings at times resemble a rollcall of the class structure of a late industrial society, with references to profiteers, rentiers, and unions scattered throughout their pages. The passages on income distribution in How to Pay for the War describe the upward swirl of the wage-price spiral particularly well.

It followed from this that monetary policy, intended to engineer changes in interest rates, could not by itself cause a recovery of demand. ” If investment were in state hands, it could be undertaken with larger ambitions than mere profit maximization. In particular, it could be stepped up in order to promote higher employment. ” Keynes’s writings are replete with references to the banking system and financial assets. It would be remarkable if he thought them irrelevant to problems of economic policy in normal circumstances.

In the Great Recession of 2008 –2010 , he repeated his claim and recommendation, but now in the context of the United States itself. Essay 4 argues that Krugman has misinterpreted Keynes. The phrases “the quantity of money” and “the rate of interest” are ambiguous, and Krugman in his newspaper articles and popular books has used them in a different way from Keynes in The General Theory. If “the quantity of money” is given Keynes’s meaning, then monetary policy contains a much larger toolkit than Krugman appreciates, and the scope of expansionary monetary operations has not been exhausted in either Japan or the United States.

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