Chase, R.X., 1975, "Keynes and the U.S. Keynesianism: A lack of Historical Perspective and the decline of the New Economics", Journal of Economic Issues 9, September, pp. 441-70Chase, R. X. (1975). Keynes and U.S. Keynesianism: A lack of historical perspective and the decline ...
But proponents of Keynesian economics never learn from their mistakes. They simply assert that their policies somehow would have worked if the government spent even more money and maintained profligacy over a longer period of time. You may think I’m joking, but here’s another example of this...
322-31.5. For an example, see S. Steinmo, K. Thelen, F. Longstreth (eds), Struc- turing Politics: Historical Institutionalism in Comparative Analysis (New York: Cambridge University Press, 1992).6. See his contribution to the aforementioned, Peter A. Hall, 'The Move- ment from Keynesian...
historical reasons and because of logical associations. Post-Keynesianism is a broad church. Overlaps at each end of a long spectrum of views are marginal, reflecting little more than hostility towards mainstreamneoclassical economicsand methodology, and conventional forms ofKeynesian economicsas opposed ...
historical reasons and because of logical associations. Post-Keynesianismis a broad church. Overlaps at each end of a long spectrum of views are marginal, reflecting little more than hostility towards mainstreamneoclassical economicsand methodology, and conventional forms of Keynesian economics as opposed...
Hayek was not a well-known figure within the conventional mainstream economics profession during the 1960s, nor was he publishing on economic theories as he did prior to 1941. However, a sudden and somewhat surprising change in Hayek’s intellectual life came when he was awarded the Nobel Prize...
a model such as Meyer's is based on normal historical relationships and therefore assumes that the typical transmission mechanisms are working. For example, a drop in Treasury yields would lower borrowing costs for consumers and businesses, helping to stimulate consumption, business investment and hous...
As an aside, Professor Cowen’s point 12 befuddles me completely: 12. Whether we like it or not, large chunks of Asia still seem to regard Keynesian economics with contempt. They prefer to stress supply-side factors. I would say that the Chinese government’s response to the global recessio...
But proponents of Keynesian economics never learn from their mistakes. They simply assert that their policies somehow would have worked if the government spent even more money and maintained profligacy over a longer period of time. You may think I’m joking, but here’s another example of this...
Mogens Madsen