Joan Robinson,the author of The Second Crisis of Economic Theory,argued that the content of fiscal policy is as important as its aggregate impact on the economy.
The relative emphasis on,and sometimes exclusive concern for,stabilization objectives when using fiscal policy,to the neglect of related GDP content,has been designated by Joan Robinson as the "second crisis of economic theory."

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This statement accurately reflects the argument made by Joan Robinson in her book "The Second Crisis of Economic Theory." She argues that economists and policymakers often focus too much on the aggregate impact of fiscal policy on stabilizing the economy, and not enough on the specific content of the policies being implemented and how they affect different sectors and groups within the economy. This can lead to unintended consequences and may not address underlying structural problems.

Joan Robinson,the Author of the Second Crisis of Economic Theory,argued