Abstract

The work proposes some stylised lines in economic policy, supported by a Keynesian approach to economics. The authors point out the problems that austerity policies have generated, and the mechanisms that led to increases in inequality and in the unemployment rate, as well as in deficits in large macroeconomic aggregates. The work identifies public investment as a great lever for growth. At the same time, it urges economic history to learn from mistakes and to avoid repeating them.