Crunch Time: Using and Abusing Keynes to Fight the Twin Crises of Our Era

by Tony Kevin

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As the world struggles with the twin crises of economic catastrophe and rapidly accelerating climate disruption, a new urgency has entered into discussions of what needs to be done. In America, President Obama has launched a massive series of government reforms and economic interventions, linking them with a serious environmental agenda. His inspired adoption of green Keynesianism stands in sharp contrast to Australia's pursuit of short-term economic fixes, and its continual downplaying of environmental problems. Kevin Rudd has announced that "we are all Keynesians now", but this is only true on the surface. Apart from embracing deficit-funded spending in search of infrastructure 'multipliers', our political elites refuse to make rational policy connections between the economy and the natural environment. Instead, disruptive global warming has now been rolled into a policy siding, in favour of a desperate pursuit of revived economic prosperity. Tony Kevin argues that this approach is no longer defensible or practical. We need to apply the profound insights of Keynes to help feed and employ us while we reinvent Australia as a renewable energy-based economy.
  • ISBN10 1921372931
  • ISBN13 9781921372933
  • Publish Date 28 August 2009
  • Publish Status Active
  • Publish Country AU
  • Imprint Scribe Publications
  • Format Paperback (UK Trade)
  • Pages 288
  • Language English