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The global financial crisis of 2007–08 caused a resurgence in Keynesian thought. It was the theoretical underpinnings of economic policies in response to the crisis by many governments, including in ...
Just how important is money? Few would deny that it plays a key role in the economy.­ But one school of economic thought, called monetarism, maintains that the money supply (the total amount of money ...
The fallout of President Trump’s new, widespread tariffs has left economists questioning the rationale behind Trump’s ...
After the late 70s and early 80s, monetarist thought gradually fell out of favor as more complex and nuanced economic theories emerged to explain and react to the modern economy. Nevertheless ...
History of Economic Thought. Please note that during 2020/21 academic year some variation to teaching and learning activities may be required to respond to changes in public health advice and/or to ...
Following the Great Depression, post-war Keynesian economics emerged as the dominant force in economic thought, only to be overtaken in the coming decades by the the advent of freewheeling ...
such as international trade theory and policy and the history of economic thought, which covers the origins of major economic concepts like pre-capitalist thought and neoclassical economics.
In the early days of the Great Depression, Rep. Willis Hawley, a Republican from Oregon, and Utah Republican Sen. Reed Smoot thought they had landed on a way to protect American farmers and manufactur ...
Of course, he would become famous for long-running commentaries about policies he thought should be the case—that is, work in normative economics that he thought was grounded in his positive ...