Those episodes of Keynesian policy were ineffective, but that has not dimmed enthusiasm for the approach.

这些有关于凯恩斯主义策略的插曲是没有奏效的，但却没有让支持者们失去热情。

youdao

This paper endeavors to use the internal cause of the "Keynesian trap" to explain the partial loss of efficacy in the Keynesian policy in China.

本文试图从凯恩斯陷阱内因来解析凯恩斯主义政策在中国部分失效的原因。

youdao

In contrast, if we look at normal recessions, where the country is not at war, is on the gold standard, and where Keynesian policy is not dominant, we find a much different story.

与之相反，如果我们观察发生在和平时期、金本位制度下、凯恩斯主义还未上升为主流时的正常衰退，我们会发现完全不同的事实。

youdao

But the present government with its commitment to cutting the budget deficit and public debt are in any case pursuing the opposite of a Keynesian policy.

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As a practical prescription for improving the economy, the empirical evidence is clear in my view that discretionary Keynesian policy does not work and the experience of the past three years confirms this view.

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Keynesian policy and Keynesian theory is now done.

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