Keynes: The second coming?
This article outlines principles of a modernised macroeconomic framework, drawing on John Maynard Keynes. It explores the historical context in which Keynes’ economic theory arose, and the history of its application and subsequent replacement by neoclassical economics. The article argues th...
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| Format: | Article |
| Language: | English |
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Economists' Association of Vojvodina
2021-01-01
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| Series: | Panoeconomicus |
| Subjects: | |
| Online Access: | http://www.doiserbia.nb.rs/img/doi/1452-595X/2021/1452-595X2102159S.pdf |
| Summary: | This article outlines principles of a modernised macroeconomic framework,
drawing on John Maynard Keynes. It explores the historical context in which
Keynes’ economic theory arose, and the history of its application and
subsequent replacement by neoclassical economics. The article argues that
any updated Keynesian programme must address three new problems:
globalization, wealth inequality and climate change. It sketches out the
ways in which these might be addressed. |
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| ISSN: | 1452-595X 2217-2386 |