Keynesian economics is a macroeconomic theory that advocates for active government intervention to manage economic cycles, particularly during recessions and depressions. Developed by British ...

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Explore Richard Stone's legacy as a pioneering economist, Nobel Laureate, architect of national income accounting, and ...

In his classic critique of John Maynard Keynes, “The Failure of the ‘New Economics’,” Henry Hazlitt, opens new tab notes in a passage entitled “Equilibrium of an Ice Cube”: The way Hazlitt derides the ...

Historical studies are enlivened by court intrigues, gossip and warfare. Language studies introduce students to rich literary traditions. The study of science or engineering offers the potential for ...

Come any Budget (or crisis), the discussion veers towards favouring and opposing Keynesian stimulus, multipliers, and animal ...

WASHINGTON - FEBRUARY 02: White House Office of Managment and Budget Director Peter Orszag testifies before the Senate Budget Committee about the Obama Administration's FY2011 budget on Capitol Hill ...

President Trump’s plan to “rebuild” Ukraine following the destruction from warfare with Russia is a combination of Keynesianism and crony capitalism.

Soumaya Keynes talks to Tyler Cowen, economics professor at George Mason University and chair of the Mercatus Center think-tank ...

Just how important is money? Few would deny that it plays a key role in the economy.­ During the Great Depression of the 1930s, existing economic theory was unable either to explain the causes of the ...