Discover how Keynesian economics can stabilize economies by mitigating boom-bust cycles, as pioneered by John Maynard Keynes ...

Discover how demand-side economics supports economic growth through government intervention and increased aggregate demand.

A number of economists have recently been debating what is wrong with macroeconomic modelling today. The University of Chicago's John Cochrane, Oxford’s Simon Wren-Lewis, Berkeley’s Brad DeLong, and ...

Erkenntnis is a philosophical journal publishing papers committed in one way or another to the philosophical attitude which is signified by the label "analytic philosophy". It concentrates on those ...

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

In The General Theory of Employment, Interest and Money, John Maynard Keynes wrote: The ideas of economists and political philosophers, both when they are right and when they are wrong, are more ...

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 ...