There is a small war going on between liberal and conservative economists about whether government stimulus packages increase or do not materially affect basic levels of economic activity. Liberals ...

In a recent contribution to this journal, C. Sardoni takes issue with the identification by Trigg, in a 2006 publication, of a role for the Keynesian investment multiplier in Marx's schemes of ...

The assessment of the multiplier which conditions the efficiency of stimulus plans (investment multiplier) and monetary injections (credit multiplier) is the major point of dispute between the ...

According to Keynesian economic theory, many recessions have little or nothing to do with underlying structural economic problems. Instead, the theory holds, recessions are the result of a crisis in ...

En un número reciente del American Economic Review, prominentes economistas presentan su visión sobre qué constituye el núcleo central de la teoria macroeconómica. Entre otros aspectos, coinciden en ...

This week “The Economist explains” is given over to economics. For each of six days until Saturday this blog will publish a short explainer on a seminal idea. WHEN Barack Obama sought to boost America ...

In the high crisis just two years back, the cult of John Maynard Keynes saw a dramatic revival. Deficits were acceptable, stimulus plans became law, books entitled Return of the Master and The Keynes ...

Forbes contributors publish independent expert analyses and insights. “I’ve had enough of what they call shrinkflation,” President Biden said during the Super Bowl in February. Who are you calling ...

Well, you could see this one coming from miles away... What’s that? Nobel economists using the GOP’s new definition of “inflation” to critique Donald Trump’s future policies. Of course, it’s easy for ...

President Obama says he is for more jobs, a stronger economy, and the middle class, but his actions work against all of them. Ben Franklin said, “Experience is a dear teacher, but fools will learn at ...

Martin Wolf describes very well how a Greek sovereign default or devaluation would create lethal contagion for other vulnerable Euro-zone countries like Ireland, Spain, and Italy. He also makes a ...