Read it at Vox.eu
What does it mean to be a ‘Keynesian’? This column argues that, like so much in economics, the label has become politicised. The cost is an impoverished policy debate that is resulting in millions of avoidable job cuts.
Fiscal policy: What does ‘Keynesian’ mean?
by Jonathan Portes | Director of the National Institute of Economic and Social Research (UK)
Good summary of some major points.
Some economists are shifting their thinking based on empirical evidence stemming from the global financial crisis.
Good summary of some major points.
Some economists are shifting their thinking based on empirical evidence stemming from the global financial crisis.
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