Keynes and Keynesians
AbstractAn attempt was made to evaluate entirely and objectively Keynes’ place in economics, his extraordinary approaches and views on: the crucial role of investments in relation to savings under the conditions of crises and stagnation in economy; the major significance of the fiscal policy as an instrument of macroeconomic regulation; the inefficient cut of government expenditure under depression; the moderate conservative nature of his social philosophy. The evolution of the main Keynesian Schools and trends is monitored – New Keynesians, Post Keynesians in two versions (the English Cambridge School and the American Monetary System), the Non-Equilibrium analysis and New Keynesians.
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Bibliographic InfoArticle provided by Bulgarian Academy of Sciences - Economic Research Institute in its journal Economic Thought.
Volume (Year): (2010)
Issue (Month): 3 ()
Find related papers by JEL classification:
- B20 - Schools of Economic Thought and Methodology - - History of Economic Thought since 1925 - - - General
- B50 - Schools of Economic Thought and Methodology - - Current Heterodox Approaches - - - General
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- Thomas I. Palley, 2009. "After the Bust: The Outlook for Macroeconomics and Macroeconomic Policy," Economics Public Policy Brief Archive ppb_97, Levy Economics Institute, The.
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