Discover how Keynesian and Neo-Keynesian economics differ in addressing economic growth and stability through fiscal and monetary policies.

Discover the concept of underemployment equilibrium in economics, its effects on unemployment rates, and why it persists. Explore Keynesian insights into economic downturns.

FOR those interested in the evolution of President Roosevelt’s tax philosophy — and who is n’t? — John Maynard Keynes’s new volume should be required reading. It will come as a shock to many to learn ...

Our findings indicate that Keynes reached a turning point towards the end of 1932, meaning by this not his establishment of the theory determining the level of employment (or output), but his ...

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 ...

The "new economics" of John Maynard Keynes and his legions of academic acolytes was sold to the world on the basis of being a scientific advance over the outmoded dogma of classical economics. Keynes ...

For over sixty-five years, the Review of Social Economy has published high-quality peer-reviewed work on the many relationships between social values and economics. Â The field of social economics ...

In the latest edition of the magazine, I have a longish essay on John Maynard Keynes, whose magnum opus, “The General Theory of Employment, Interest, and Money,” turns seventy-five this year, and who ...

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 ...

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