Keynesian economics dominated economic theory and policy after World War II until the 1970s, when many advanced economies suffered both inflation and slow growth, a condition dubbed “stagflation.” ...

These theories and a better understanding of irrational decision-making inspired further developments in behavioral economics. American economist and Nobel laureate Richard Thaler outlined mental ...

Keynesian economics is a theory that government intervention is necessary during downturns. Tax cuts are a tool in Keynesian theory to stimulate economic activity. During recessions, Keynesian ...

The course examines the ways in which economics has developed from the Mercantilists of the 17th century to the Neoclassical thinking of the later 20th century. The course will explore how the ...

From its most fundamental theories to the halls of academia, the field of economics is built by and for men. Google "famous economists." If you click on every single link that appears on the first ...