IDEAS home Printed from
   My bibliography  Save this book chapter

The Renaissance of Keynesian Economics

In: Essays on Keynesian and Kaldorian Economics


  • A. P. Thirlwall

    (University of Kent)


Not so long ago, Keynesian economists had the distinct feeling of being members of an endangered species, with the prospect of extinction in the face of the onslaught of Monetarism Mark 1 (the monetarism of Milton Friedman) and Monetarism Mark 2 (the new classical macroeconomics, led in America by Professor Robert Lucas). It looks now, however, that the tide is beginning to turn. The new classical macroeconomics seems to be dying a slow death; the empirical evidence from the behaviour of the British economy and the world economy seems to be on the side of the Keynesians, and papers are being written on the rise and fall and rise again of Keynesian economics.2 There is also a revival of interest in Keynes the man with the publication of two new biographies by Professors Moggridge3 and Skidelsky.4

Suggested Citation

  • A. P. Thirlwall, 2015. "The Renaissance of Keynesian Economics," Palgrave Studies in the History of Economic Thought, in: Essays on Keynesian and Kaldorian Economics, chapter 4, pages 111-120, Palgrave Macmillan.
  • Handle: RePEc:pal:pshchp:978-1-137-40948-5_5
    DOI: 10.1057/9781137409485_5

    Download full text from publisher

    To our knowledge, this item is not available for download. To find whether it is available, there are three options:
    1. Check below whether another version of this item is available online.
    2. Check on the provider's web page whether it is in fact available.
    3. Perform a search for a similarly titled item that would be available.


    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.

    Cited by:

    1. Ingrid H. Rima, 2010. "The Political Economy of the Undervalued Renminbi," DETU Working Papers 1012, Department of Economics, Temple University.


    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:pal:pshchp:978-1-137-40948-5_5. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: . General contact details of provider: .

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.