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keynesian economics

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Keynesian Economics
the economic teachings and doctrines associated with John Maynard Keynes
Keynesian Economics definition on BNET »

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The Debate over the Stimulus Plan
Our optimist, Professor Menzie Chinn of the University of Wisconsin, sees a bold investment that came not a moment too soon. Our skeptic, Garett Jones of George Mason University, smells a boondoggle. Follow their debate and decide for yourself who's right…When the president signed the American Recovery and Reinvestment Act...
Tags: Bank, Japan, Recession, Stimulus Plan, Stimulus, Sector, Economy, MoneyWatch, Money Growth, Keynesianism, Government, Vertical Industries, Taxes, Financial Services, Enterprise Software, Software, Financial Planning, Finance, Economist, Free Trade, Stimulus Package, Garett Jones, Menzie Chinn, Keynesian Economics, Multiplier Effect, American Recovery and Reinvestment Act, LaFollette School of Public Affairs, George Mason University, Cait Murphy, Great Depression
Articles 2009-03-17
The $787 Billion Question
What are the odds that Obama's massive new spending plan will succeed?As the Obama administration tries everything to get us out of the current economic crisis, nothing has proven more contentious than its $787 billion stimulus package. Is it the essential jolt that will jump start a recovery, or is...
Tags: Stimulus, MoneyWatch, Taxes, Free Trade, Government, Personal Finance, Financial Planning, Finance, Stimulus Package, Garett Jones, Menzie Chinn, Keynesian Economics, Multiplier Effect, American Recovery and Reinvestment Act, LaFollette School of Public Affairs, George Mason University, Tyler Cowen, Brad DeLong, MoneyWatch Feature Package
Articles 2009-03-24

Additional Resources

The Downfall of Keynesian Economics and the U.S. (Part 1 of 3)
Nicholas Jones submits: This three part series will look into detail at how decades of Keynesian based economics have led us to the current economic crisis. I will also be identifying what the future consequences of Keynesian economics will look like, and what that means for the U.S.A. ...
Tags: U.S., Economics, Seeking Alpha, Nicholas Jones, US Market
External links 2008-11-14
The Downfall of Keynesian Economics and the U.S. (Part 3 of 3)
Nicholas Jones submits: In the first two parts of this series, we identified fundamental economic weaknesses that running a Keynesian based economy have brought us. So the next question is figuring out when the critical point will be, and what it will look like. In short, we’re looking...
Tags: US Market, Nicholas Jones
External links 2008-11-21
What is the Most Economically 'Free' City?
What is the Most Economically 'Free' City?Economic FreedomI think you picked the wrong economist to be approving of maximum economic freedom. Keynes approved of high levels of government intervention; Adam Smith or Hayek may have served better.RE: What is the Most Economically 'Free' City?Interesting, but I would hardly consider Keynes...
Tags: Keynes
Discussion threads 2008-02-19
The Economics Of Income Distribution: Heterodox Approaches
THE ECONOMICS OF INCOME DISTRIBUTION: HETERODOX APPROACHES. Edited by Joep T.J.M. van der Linden and Andre J.C. Manders. Northampton, Mass.: Edward Elgar, 1999. Pp. 209, ix. The editors of this work are from the Department of Social Economics, Utrecht University, the Netherlands. They are also organizers of the 1996...
Tags: FINANCE, income, Utrecht University
Research articles 2000-09-01
Mr. Lindsey goes to Washington - former Harvard University economics professor Lawrence Lindsey appointed as governor at the Federal Reserve - Interview
Once an economics professor at Harvard and an ardent Keynesian, Lawrence Lindsey, a governor at the Federal Reserve, is fanning the flames of the Reagan revolution and sounding the death knell for an economic orthodoxy in decline.
Tags: Federal Reserve Board, Harvard University
Research articles 1992-06-01
At WPP, Martin Sorrell Indulges His Inner Economics Professor
Sir Martin Sorrell, chief of agency holding company WPP, inserted a curious rant about economics into his third quarter earnings press release. WPP â€" which includes ad agencies such as Ogilvy & Mather, JWT and Grey Global Group â€" normally makes a fairly staid statement of its finances and restricts...
Tags: Capitalism, Martin Sorrell, Investment, Currency & Foreign Exchange, Advertising & Promotion, Financial Accounting, Finance, Marketing, Jim Edwards
Blog posts 2008-11-04
Clinton's dismal scientists - Bill Clinton's economic advisers
Among academic economists, Bill Clinton may be the most popular incoming President in history, and his first budget may be the most highly praised White House economic proposal since Jimmy Carter backed gasoline rationing. Some 565 distinguished scholars have endorsed Clintonomics as "our best hope for reviving the nation's economic...
Tags: Administration, advisor, economist, FINANCE, inflation, Robert, stimulus, Taxes, U.S. Congress
Research articles 1993-03-15
Austrian School of Economics Is on the Rise
Adam Sharp submits: The Austrian School of economics is gaining popularity, and followers. Fueling this shift is a belief that Keynesian loose-money policies led our current crisis. While die-hard mainstream economists like Paul Krugman aren’t budging, millions of people are rethinking the role government should play in the economy. Many...
Tags: US Market, Adam Sharp
External links 2009-07-12
The Downfall of Keynesian Economics and the U.S. (Part 2 of 3)
Nicholas Jones submits: For the second part of this series see Part I here, we are going to start by looking back at the three farmer scenarios. In today’s society, the three farmers have, for a while, experienced a period where the monetary base is growing enough to keep...
Tags: Seeking Alpha, Nicholas Jones, US Market
External links 2008-11-19
After Full Employment: European Discourses On Work and Flexibility.(Book review)
AFTER FULL EMPLOYMENT: EUROPEAN DISCOURSES ON WORK AND FLEXIBILITY Bo Strath editor PIE-Peter Lang, Brussels, 2000, 302 pp, USD 34:95, ISBN 90-5201-925-8 This edited volume is an attempt to interpret and explain--to the extent that anyone can--the 'transformation of the idea of full ...
Tags: Brussels, European Commission, Government, welfare
Research articles 2003-04-01
Manuel to pour billions into new jobs: in a return to Keynesian economics, the new South African budget includes large scale investment in public works programmes in order to directly create jobs. Is this a change of direction, asks Neil Ford, or is South
The IMF has spent the past 20 years trying to persuade African governments to cut back state interference in the economy and to reign in expenditure. The message has been that the market is best placed to create wealth and therefore jobs, so governments should content themselves with providing an...
Tags: education, financial, Ford Motor Co., Government, investment, job, SOFTWARE
Research articles 2004-04-01
Economy Might Take Its Time Getting to Full-Employment Equilibrium
Brad DeLong submits: Tyler Cowen rediscovers the general glut and Keynesian economics: Marginal Revolution: The economic crisis, the calculation debate, and stability theory: Is the financial crisis -- which is rapidly becoming the "real economy" crisis -- somehow the "dual" of the socialist calculation problem?...
Tags: US Market, Brad DeLong
External links 2008-12-23
Lafontaine's departure shapes Euro outlook.(Oskar Lafontaine resigns as Germany's finance minister)
Political analysts believe that Oscar Lafontaine's resignation as Germany's minister of finance will restore a measure of predictability in the country's political scene. His departure may also have brought relief to Wim Duisenberg, president of the European Central Bank, who has expressed displeasure over Lafontaine's version of keynesian economics. His...
Tags: European Central Bank
Research articles 1999-04-01
Government Resorts to Snake - Oil Policies While the Economy Tanks
Gerard Jackson submits: Business investment is hitting rock bottom and capacity utilisation continues to contract. This is definitely not good. Have no fear: the government is coming to the rescue with a $41,534,000,000 extravaganza. Although this spending is supposed to be spread over four years a great deal of...
Tags: US Market, Gerard Jackson
External links 2009-02-23
Britain in the International Economy: 1870-1939. (book reviews)
The papers in this volume were presented at a Festschrift in July 1989 on the occasion of Alex Ford's retirement from the Chair of Economics at the University of Warwick. Ford's previous academic work had been set firmly in the Keynesian mould, as was much of the...
Tags: Benefits, Ford Motor Co., salary
Research articles 1994-01-01
A conversation with Murray Kemp
Abstract: Murray Kemp recalls his decision to study economics, his acquaintance with some founders of Australian academic economics at Melbourne University in the 1940s, his original intellectual influences, his choice of graduate school, his experiences at Cambridge, his difficulties in returning to Australia, his original Keynesian affiliation, the role of...
Tags: Australia, Cambridge, economist, England, Hopkins, Massachusetts Institute of Technology, mathematics, Melbourne, professor, tariff, theorist, theory, University of New South Wales, WAN
Research articles 2005-01-01
The Political Economy of Poverty, Equity, and Growth: Sri Lanka and Malaysia. (book reviews)
International comparative studies are difficult to undertake and often more difficult to present, especially when they involve teamwork. This World Bank sponsored study is part of its series on "The political economy of poverty, equity, and growth", led and edited by Deepak Lal and Hla Myint,...
Tags: economist, equity, FINANCE, Malaysia, poverty, redistribution, World Bank
Research articles 1993-03-01
Dizzy from deep space, Dow Jones
THERE ARE two things I don't want to hear any more about, because they make me dizzy. One is economics. You can't pick up a newspaper or turn on a newscast without being Maced with a spray of reports on supply-side practices, Keynesian theory, calculated recession, long-term...
Tags: Dow Jones & Company Inc.
Research articles 2006-12-28
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