German Keynesianism lasted only briefly, ending in 1972
Evidence
The era of “German Keynesianism” was short; the “brief Keynesian experiment” ended in 1972 with the resignation of Schiller as minister of economics and finance. — Dieter Plehwe, Quinn Slobodian & Philip Mirowski (eds.), Nine Lives of Neoliberalism, 1347
Categorization
- XREF: Connects with the broader reading on how ordoliberalism, not Keynesianism, became Germany’s postwar economic template. — connects to: The 1973 oil crisis triggered a resounding defeat of Keynesian economics — Aris Komporozos-Athanasiou, Speculative Communities: Living with…, 107; Keynesianism displaced austerity because it explained normal times, not just slumps — Mark Blyth, Austerity: The History of a Dangerous…, 340; Ordoliberalism rose in Germany partly because no Keynesian rival doctrine existed — Philip Mirowski & Dieter Plehwe (eds.), The Road from Mont Pèlerin: The Making…, 547
Broader Connections
- Ordoliberalism rose in Germany partly because no Keynesian rival doctrine existed
#expands(0.78) — Philip Mirowski & Dieter Plehwe (eds.), The Road from Mont Pèlerin, 547 - The 1973 oil crisis triggered a resounding defeat of Keynesian economics
#expands(0.72) — Aris Komporozos-Athanasiou, Speculative Communities, 107 - Keynesianism displaced austerity because it explained normal times, not just slumps
#expands(0.72) — Mark Blyth, Austerity, 340