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Keynesian economics, as developed by economist John Maynard Keynes, comprise a theory of total spending in the economy and its effects on output and inflation.
Positive economics is the study of economics based on objective analysis of what is occurring and what has been occurring in an economy.
The late 1980s were peak years in terms of the status of economic theory within the broader economics profession.
New Theory Explains Economic Growth In Terms Of Evolutionary Biology Date: December 6, 2002 Source: Brown University Summary: It took an evolutionary leap in the human species to help trigger the ...
Twenty years ago, something happened when Pablo Peña sat in Prof. Gary Becker’s doctoral-level course at the University of ...
On this Valentine's Day, Renee Montagne talks to a young economist about how he tried to apply the rules of the market to his love life. William Nicolson chronicles his journey to find a ...
An economic theory originated by the British economist John Maynard Keynes and his followers. Keynes maintained that governments should use the power of the budget to maintain economic growth and ...
We need a field of economics that thinks in broad social scientific terms and is engaged in real world problems rather than entrenched in dogma and theory.
Financial advisers--not out of deep theory--try to get you to think in terms of your portfolio as a whole, your income post-retirement.
Ruy Teixeira and John Halpin examine several core assumptions that broadly define a progressive approach to economics in terms of theory, values, and practice.
The 19th-century creators of neoclassical economics—the theory that now serves as the basis for coordinating activities in the global market system—are credited with transforming their field ...
Keynesian economics is a theory that government intervention is needed to stimulate demand and stabilize the economy, particularly during recessions.