Friday, March 8, 2019

Keynesian Economics: Back from the Dead

The Godley-Tobin Lecture by Bob Rowthorn, to be published by the Review of Keynesian Economics.

Rowthorn suggests that many Keynesian features are part of the mainstream now, in particular showing a stable Phillips Curve without a natural rate. I remain more skeptical about the return of Keynesianism within the mainstream, but worth listening to his thoughts.
By -
Labels: ,

No comments:

Post a Comment

Subscribe to: Post Comments (Atom)

The Ukraine war and Europe’s deepening march of folly

By Thomas Palley In her book The March of Folly: From Troy to Vietnam , the historian Barbara Tuchman explores the perplexing question of wh...

  • A reply to Wray - Part I
    By Sergio Cesaratto (Guest Blogger) “The fact that individual countries no longer have their own currencies and central banks will put n...
  • Hyperinflation in Bitcoinland
    There are Gold Bugs and there are  Bitcoin Bugs. They all oppose fiat money (hate the Fed and other monetary authorities) and follow some s...
  • Blog Moving to Substack (and first post)
    "Where is Everybody?" The blog will continue here for announcements, messages and links to more substantive pieces. But those will...