Incertidumbre knightiana y reconstrucción de la política económica

  1. Xosé Carlos Arias 1
  1. 1 Universidade de Vigo
    info

    Universidade de Vigo

    Vigo, España

    ROR https://ror.org/05rdf8595

Journal:
Revista Atlántida: Revista Canaria de Ciencias Sociales

ISSN: 2171-4924

Year of publication: 2023

Issue: 14

Pages: 45-59

Type: Article

DOI: 10.25145/J.ATLANTID.2023.14.03 DIALNET GOOGLE SCHOLAR lock_openRIULL editor

More publications in: Revista Atlántida: Revista Canaria de Ciencias Sociales

Abstract

In an environment of radical or Knightian uncertainty, caused by a succession of unexpected crises and the appearance of some large-scale disruptive transformation processes, in recent years the idea of economic policy has undergone some transcendental changes, forming part of the attempts to rebuild the social contract. Beyond the efforts to “rethink macroeconomic policy,” these changes advanced on three axes: the complex and tense relationship between economic reasons and democratic politics; a new distribution of roles, links and synergies between the public and private spheres, States and markets; and a renewed temporality of the policymaking. It is possible to glimpse the growing prominence of the objective of income distribution and of a supply-side policy that is very different from that of the past.

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