Joan Robinson,author of The Second Crisis of Economic Theory,is quoted as saying,"Keynes did not want anyone to dig holes and fill them." She is pointing out that

Question

Quizplus · Accepted Answer

Joan Robinson is suggesting that Keynes did not simply advocate for government spending for the sake of creating jobs, but rather believed that the content of the spending and its long-term impact on the economy were important considerations. In other words, the focus should not solely be on aggregate demand, but also on the quality and long-term effects of government spending.

Joan Robinson,author of the Second Crisis of Economic Theory,is Quoted