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This is economic destruction. It took ninety years, but I think we have established by now that Two Wrongs (the monetary and fiscal distortion of Keynesianism) ... In the Post-Keynesian Age, ...
That sure beat Classicism, as that term was used in the ‘70s. But we can do better – in a way that recovers what’s true, but not false, in both ‘Austrian’ and ‘Post-Keynesian’ economics.
Hard lessons in Keynesian economics April 24, 2013 More than 12 years ago John Maynard Keynes once said that words should be used aggressively, "for they are the assault of thoughts on the ...
The recent economic stimulus increased jobs but still left unemployment at 9 percent, did not create a strong recovery and added $850 billion to a federal debt approaching 100 percent of gross ...
Economic disaster? Hardly. Wrong in Theory . . . and Practice History, of course, never repeats itself exactly, and 2010 is not 1945. But one thing is clear: Cutting back federal government spending ...
The Keynesian economic system, which is also an experiment, puts forward the notion that a managed monetary supply provides flexibility so economic downturns can be managed. Keynesians also theorise ...
Obama Adviser Jason Furman on Biden, Neoliberalism, and Keynesian Economics ... Reason: You recently wrote a piece called "The Post-Neoliberal Delusion," talking about the failure of Bidenomics.
So, in a sense, this post-Keynesian economics looks a bit like what used to be mainstream macro in the 60s. So, we don't use these assumptions about a representative agent, which would be ...