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The Renaissance of Keynesian Economics

Author

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  • Anthony Philip Thirlwall

Abstract

The author summarises the history of recent macroeconomic thought from a Keynesian perspective. He argues that as the two subsequent streams of Monetarism (led by Friedman and Lucas) are slowly losing ground, there is a renewed interest in policy relevant economics with a Keynesian flavour.

Suggested Citation

  • Anthony Philip Thirlwall, 1993. "The Renaissance of Keynesian Economics," BNL Quarterly Review, Banca Nazionale del Lavoro, vol. 46(186), pages 327-337.
    • Handle: RePEc:psl:bnlaqr:1993:33
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    File URL: http://ojs.uniroma1.it/index.php/PSLQuarterlyReview/article/view/10873/10752
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    Citations

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    Cited by:

    1. J. E. King, 2012. "Post Keynesians and Others," Review of Political Economy, Taylor & Francis Journals, vol. 24(2), pages 305-319, April.
    2. L. Johnson & Robert Ley & Thomas Cate, 2004. "The concept of equilibrium: A key theoretical element in Keynes' revolution," Atlantic Economic Journal, Springer;International Atlantic Economic Society, vol. 32(3), pages 222-232, September.

    More about this item

    Keywords

    Keynesian economics; Monetarism;

    JEL classification:

    • A11 - General Economics and Teaching - - General Economics - - - Role of Economics; Role of Economists
    • E12 - Macroeconomics and Monetary Economics - - General Aggregative Models - - - Keynes; Keynesian; Post-Keynesian; Modern Monetary Theory
    • B22 - Schools of Economic Thought and Methodology - - History of Economic Thought since 1925 - - - Macroeconomics

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