Skip to main content

Keynesian Response and the Welfare State

Go Search
New Atlas
Atlas, A-Z
Atlas Maps
MPP/MPA Programs
Core Topics
Illustrative Courses
Topic Encyclopedia
Concept Dictionary
Career Tips
Best Practices Project


A Teaching Topic in Fiscal, Monetary and Tax Policy

The Keynesian Response and the Welfare State

This topic introduces students to the economic and political thought of John Maynard Keynes. This teaching topic deals with many issues that are highly relevant to contemporary policy debates, including the appropriate use of fiscal policy as a tool to smoothen the business cycle. This topic also provides a history of the evolution of the welfare state in affluent countries during the 20th century. 

Recommended Reading (Carleton University PADM 5115)

J.M. Keynes. 1935. The General Theory of Employment, Interest, and Money. Chapter 24.

Robert Lekachman.1967. The age of Keynes. London: Allan Lane. Ch. 4.

E. Helleiner, States and the Reemergence of Global Finance (Cornell 1994), chap 1 & 2 (pp.25-50).

W. Bello, ‘A Man for this Season? Keynes’, Business Mirror Online, July 9, 2009

Source: PADM 5115 Syllabus, 2012

Page Created By: Ben Eisen, last edited 3 July, 2013

Important Notices
© University of Toronto 2008
School of Public Policy and Governance