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Policy forum: A trans-Keynesian vision of innovation for the contemporary economic crisis: 'picking winners' revisited
2009
Science and Public Policy
We argue that the current economic crisis is a fault line in the transition from an industrial to a knowledge-based society and is thus potentially subject to a different set of dynamics than previous crises, like the Great Depression of the 1930s, which occurred within an existing mode of production. A qualitatively different response is needed to address the current downturn: one that puts in place new drivers for long-term knowledge-based economic renewal and growth. Keynesian methods, are
doi:10.3152/030234209x481950
fatcat:xvc2ezq2a5cwtp7mfo3lgr2xem