Edited by Robert W. Dimand and Harald Hagemann
Chapter 92: Keynesianism in France
According to Pierre Rosanvallon, Keynesianism arrived very late in France but its triumph was complete. It offered a common language to a large group of senior officers and engineers working in public administration and nationalized firms. It reconciled the French tradition of Colbertism with the necessity of a modern state. Richard Arena insists also that Keynesian ideas spread in a hostile context and initially outside universities and academia where typically French economic traditions dominated. The situation in universities started to change in the 1970s and 1980s when curricula in French universities began to incorporate macroeconomic courses based on IS–LM and with the development of disequilibrium economics. The chapter retraces the unfolding of this historical process and insists on the variety of heterodox interpretations of Keynes that flourished in the French context, such as the works of Bernard Schmitt and circuitists.
You are not authenticated to view the full text of this chapter or article.
Elgaronline requires a subscription or purchase to access the full text of books or journals. Please login through your library system or with your personal username and password on the homepage.
Non-subscribers can freely search the site, view abstracts/ extracts and download selected front matter and introductory chapters for personal use.
Your library may not have purchased all subject areas. If you are authenticated and think you should have access to this title, please contact your librarian.