scholarly journals Anti-Keynesian Views: Fiscal and Monetary Guidelines

Author(s):  
Özlen Hiç ◽  
Ayşen Hiç Gencer

In this article, we will cover the main anti-Keynesian views and macroeconomic systems that arose in the post Keynes period as well as their fiscal and monetary policy guidelines. As is known, the early Classical economists introduced a macroeconomic system based on the Quantity Theory and Say’s Law resulting in automatic full-employment equilibrium; and finally after 1929-1934 Great World Depression, the Keynesian System was introduced as a “revolution” (Keynesian Revolution) in theory and practice. As a result of the Keynesian policies implemented, European countries and the United States not only got over the Great World Depression but also in the years following the World War II, they have observed a fast and stable growth for a long time. Moreover, cyclical fluctuations have been controlled to a great extent. Even so, at the stage when the Keynesian System was introduced, anti-Keynesian views and macroeconomic systems were immediately introduced. Intense academic discussions between advocates of these views and the Keynesian economists have continued up until today. Meanwhile, many economists such as J.R. Hicks, R.F. Harrod, N. Kaldor, M. Kalesci, A.W. Philips, A. Hansen, P.A. Samuelson, E. Domar, J. Tobin, R. Solow, A.M. Okun, W. Helier, G. Ackler, F. Modigliani, and R. Musgrave and many others have developed and defended the Keynesian System from different aspects. We can characterize significant anti-Keynesian views and macroeconomic systems as the “Counter-Revolution”.

Author(s):  
W. W. Rostow

Midway through the eighteenth century, the rate of growth for the world's population was roughly at zero. Immediately after World War II, it was just above 2 percent. Ever since, it has fallen steadily. This new book, the latest offering from a distinguished expert on international economics, tells readers what this stagnation or fall in population will mean--economically, politically, and historically--for the nations of the world. W. W. Rostow not only traces the whole global arc of this "great population spike"--he looks far beyond it. What he sees will interest anyone curious about what is in store for the world's financial and governmental systems. The Great Population Spike and After: Reflections on the 21st Century contends that, as the decline in population now occurring in the industrialized world spreads to all of the presently developing countries, the global rate of population will fall to the "zero" level circa 2100. (Indeed, with the exception of Africa south of the Sahara, it could reach "zero" long before then.) This being so, how will it be possible to maintain full employment and social services with a decelerating population? What will societies do when the proportion of the working force (as now defined) diminishes radically in relation to the population of poor or elderly dependents? How will the countries of the world confront subsequent decreases in population-related investment? In answering these queries, this bold study asserts that the United States is not the "last remaining superpower" but the "critical margin" without whose support no constructive action on the world scene can succeed. Rostow takes the view that world peace will depend on our government's ability to assume responsibly this "critical margin" role. Further, he argues that, over a period of time, the execution of this strategy on the international scene will require a bipartisan, relentless effort to solve the combustible social problems that weaken not only our cities but our whole society.


2020 ◽  
Vol 5 (4) ◽  
pp. 324
Author(s):  
Zheming Zhang

<p>With the continuous development and evolution of the United States, especially the economic center shift after World War II, the United States become the economic hegemon instead of the UK and thus it seized the economic initiative of the world. After the World War I, the European countries gradually withdraw from the gold standard. In order to stabilize the world economy development and the international economic order, the United States prepared to build the economic system related with its own interests so as to force the UK to return to the gold standard. The game between the United States and the UK shows the significance of economic initiative. Among them, the outcome of the two countries in the fight of the financial system also demonstrates a significant change in the world economic system.</p>


2014 ◽  
Vol 11 (1) ◽  
pp. 13-22
Author(s):  
Tomasz Nowak

Abstract The mainstream fields of Polish dance research were defined in 1818–1847 by Józef Elsner, Kazimierz Brodziński, Łukasz Gołębiowski and Karol Czerniawski, who broadly characterized some elements of the dances considered as national (the polonaise, mazur, krakowiak and kozak). Oskar Kolberg knew very well the works of all these authors and referred to them many times. However, he was unique in his extensive documentation of dance melodies, information about their geographic origin, and local terminology. He also characterized the dances with regard to their sequence in the traditional context and described the dance technique in an instructive manner. Oskar Kolberg’s documentation for quite a long time remained outside the scope of mainstream research and publications about dance in Poland. In the 1930s Polish representatives of the newly defined field of ethnochoreology were the first to include examples from Kolberg in their works on the ritual dances, regional dances and characteristic dance behaviour types and forms. Kolberg’s works increased in popularity after the World War II. Today the materials left by Oskar Kolberg allow us to establish to a large extent the geographic range and perspective on the changes of dance repertoire, both with regard to choreographic technique and dance types, or a more detailed and critical perspective on the problems of folk terminology in dance phenomena. It may also serve as the point of departure for wider retrospective or comparative studies – which may not be very fashionable today, but which have never been adequately conducted in Poland.


2019 ◽  
Vol 33 (4) ◽  
pp. 313-321
Author(s):  
Z. H. Popandopulo

In 1977 on the site of famous burial mound Chmyrеva Mohyla located on the northern outskirts of Velyka Bilozerka village of Zaporizhzhia region three bronze pole-tops with images of gryphons were found by local people on the plowed field. There is no evidence whether other artifacts have been found. Luckily nearby in Gunovka village the expedition of Institute of Archaeology of National Academy of Sciences of Ukraine was working under the leadership of Yu. V. Boltryk who got the founded artifacts and then sent them to Zaporizhzhia regional museum of local lore, history and economy. The history of excavations of Chmyrеva Mohyla numbers more than a century. They were started by F. A. Braun in 1898, M. I. Veselovskiy (1909—1910) continued the excavations and Yu. V. Boltryk in 1994 completed them. The burial mound has not been excavated in full because of various reasons. The destiny of finds from this barrow was tragic. A lot of artifacts among them silver vessels from the hiding-place which was revealed by M. I. Veselovskiy were lost during the World War II when the collections of Kharkiv historic museum were evacuated. Scythian bronze pole-tops as one of the most interesting categories of artifacts for a long time attracted attention of scholar world. They were classified by types and date, their significance in funeral ceremony and everyday life was searched for. The questions still remain. In this article we tried to put into scholar circulation a scanty type of pole-tops with the image of pacing gryphon on the pear-shaped little bell which is characteristic only for Steppe Dnieper river region. For today only eight of them are known and most of them are originated from of the burial mounds of high Scythian aristocracy: Tovsta Mohyla, Haimanova Mohyla, Chmyrova Mohyla. Chronologically they are slightly differed from other pole-tops both with the image of deer on pear-shaped little bells from Tovsta Mohyla, and with the image of deer on flat cone bushes from Haimanova Mohyla. The question about the place of production of such pole-tops is still opened. Probably just these types of pole-tops could be produced in one workshop but not all known variety of objects as V. A. Ilinska thought. One of the problems to be solved by researchers is searching for such workshops. But if these objects have been moulded by wax models the task becomes more complicated.


2005 ◽  
Vol 74 (3) ◽  
pp. 411-426 ◽  
Author(s):  
T. CHRISTOPHER JESPERSEN

The frequent use of the Vietnam analogy to describe the situation in Iraq underscores the continuing relevance of Vietnam for American history. At the same time, the Vietnam analogy reinforces the tendency to see current events within the context of the past. Politicians and pundits latch onto analogies as handles for understanding the present, but in so doing, they obscure more complicated situations. The con�ict in Iraq is not Vietnam, Korea, or World War II, but this article considers all three in an effort to see how the past has shaped, and continues to affect, the world the United States now faces.


2013 ◽  
Vol 20 (2) ◽  
pp. 175-200 ◽  
Author(s):  
Bruce P. Montgomery

AbstractShortly following the 2003 invasion of Iraq, an American mobile exploitation team was diverted from its mission in hunting for weapons for mass destruction to search for an ancient Talmud in the basement of Saddam Hussein's secret police (Mukhabarat) headquarters in Baghdad. Instead of finding the ancient holy book, the soldiers rescued from the basement flooded with several feet of fetid water an invaluable archive of disparate individual and communal documents and books relating to one of the most ancient Jewish communities in the world. The seizure of Jewish cultural materials by the Mukhabarat recalled similar looting by the Nazis during World War II. The materials were spirited out of Iraq to the United States with a vague assurance of their return after being restored. Several years after their arrival in the United States for conservation, the Iraqi Jewish archive has become contested cultural property between Jewish groups and the Iraqi Jewish diaspora on the one hand and Iraqi cultural officials on the other. This article argues that the archive comprises the cultural property and heritage of the Iraqi Jewish diaspora.


Author(s):  
David A. Hollinger

This chapter analyzes the consolidation in 1942 of the two major, religiously defined institutional forces of the entire period from World War II to the present. The Delaware Conference of March 3–5, 1942, was the first moment at which rival groups within the leadership of ecumenical Protestantism came together and agreed upon an agenda for the postwar world. The chapter addresses the following questions: Just what did the Delaware Conference agree upon and proclaim to the world? Which Protestant leaders were present at the conference and/or helped to bring it about and to endow it with the character of a summit meeting? In what respects did the new political orientation established at the conference affect the destiny of ecumenical Protestantism?


Author(s):  
Graham Cross

Franklin D. Roosevelt was US president in extraordinarily challenging times. The impact of both the Great Depression and World War II make discussion of his approach to foreign relations by historians highly contested and controversial. He was one of the most experienced people to hold office, having served in the Wilson administration as Assistant Secretary of the Navy, completed two terms as Governor of New York, and held a raft of political offices. At heart, he was an internationalist who believed in an engaged and active role for the United States in world. During his first two terms as president, Roosevelt had to temper his international engagement in response to public opinion and politicians wanting to focus on domestic problems and wary of the risks of involvement in conflict. As the world crisis deepened in the 1930s, his engagement revived. He adopted a gradualist approach to educating the American people in the dangers facing their country and led them to eventual participation in war and a greater role in world affairs. There were clearly mistakes in his diplomacy along the way and his leadership often appeared flawed, with an ambiguous legacy founded on political expediency, expanded executive power, vague idealism, and a chronic lack of clarity to prepare Americans for postwar challenges. Nevertheless, his policies to prepare the United States for the coming war saw his country emerge from years of depression to become an economic superpower. Likewise, his mobilization of his country’s enormous resources, support of key allies, and the holding together of a “Grand Alliance” in World War II not only brought victory but saw the United States become a dominant force in the world. Ultimately, Roosevelt’s idealistic vision, tempered with a sound appreciation of national power, would transform the global position of the United States and inaugurate what Henry Luce described as “the American Century.”


Author(s):  
Eileen H. Tamura

As a leading dissident in the World War II concentration camps for Japanese Americans, Joseph Yoshisuke Kurihara stands out as an icon of Japanese American resistance. In this biography, Kurihara's life provides a window into the history of Japanese Americans during the first half of the twentieth century. Born in Hawaiʻi to Japanese parents who immigrated to work on the sugar plantations, Kurihara was transformed by the forced removal and incarceration of ethnic Japanese during World War II. As an inmate at Manzanar in California, Kurihara became one of the leaders of a dissident group within the camp and was implicated in “the Manzanar incident,” a serious civil disturbance that erupted on December 6, 1942. In 1945, after three years and seven months of incarceration, he renounced his U.S. citizenship and boarded a ship for Japan, never to return to the United States. Shedding light on the turmoil within the camps as well as the sensitive and formerly unspoken issue of citizenship renunciation among Japanese Americans, this book explores one man's struggles with the complexities of loyalty and dissent.


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