After Keynesianism: Economic Theories for a (non) Economic Policy
This paper presents a brief discussion on the evolution of macroeconomics and economic policy after Keynes. Particularly, we describe the emergence of a new standard of economic research, after the «stagflation» of the 1970s, which resurrects the (pre-Keynesian) confidence in the self-correcting pro...
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doaj-19a7314f61bd49749e900ecbe0c0187f2020-11-24T21:32:23ZengUniversity of BolognaScienza & Politica1590-49461825-96182017-12-01295710.6092/issn.1825-9618/75976778After Keynesianism: Economic Theories for a (non) Economic PolicyAlberto Russo0Università di Politecnica delle MarcheThis paper presents a brief discussion on the evolution of macroeconomics and economic policy after Keynes. Particularly, we describe the emergence of a new standard of economic research, after the «stagflation» of the 1970s, which resurrects the (pre-Keynesian) confidence in the self-correcting properties of the market economy. It also considers economic policy as a potential obstacle for the economic system in reaching the «natural» equilibrium. Finally, some perspectives for macroeconomics in the aftermath of the Great Recession are discussed.https://scienzaepolitica.unibo.it/article/view/7597John Maynard KeynesNAIRUNuova macroeconomia classicaGrande RecessioneFinanziarizzazione |
collection |
DOAJ |
language |
English |
format |
Article |
sources |
DOAJ |
author |
Alberto Russo |
spellingShingle |
Alberto Russo After Keynesianism: Economic Theories for a (non) Economic Policy Scienza & Politica John Maynard Keynes NAIRU Nuova macroeconomia classica Grande Recessione Finanziarizzazione |
author_facet |
Alberto Russo |
author_sort |
Alberto Russo |
title |
After Keynesianism: Economic Theories for a (non) Economic Policy |
title_short |
After Keynesianism: Economic Theories for a (non) Economic Policy |
title_full |
After Keynesianism: Economic Theories for a (non) Economic Policy |
title_fullStr |
After Keynesianism: Economic Theories for a (non) Economic Policy |
title_full_unstemmed |
After Keynesianism: Economic Theories for a (non) Economic Policy |
title_sort |
after keynesianism: economic theories for a (non) economic policy |
publisher |
University of Bologna |
series |
Scienza & Politica |
issn |
1590-4946 1825-9618 |
publishDate |
2017-12-01 |
description |
This paper presents a brief discussion on the evolution of macroeconomics and economic policy after Keynes. Particularly, we describe the emergence of a new standard of economic research, after the «stagflation» of the 1970s, which resurrects the (pre-Keynesian) confidence in the self-correcting properties of the market economy. It also considers economic policy as a potential obstacle for the economic system in reaching the «natural» equilibrium. Finally, some perspectives for macroeconomics in the aftermath of the Great Recession are discussed. |
topic |
John Maynard Keynes NAIRU Nuova macroeconomia classica Grande Recessione Finanziarizzazione |
url |
https://scienzaepolitica.unibo.it/article/view/7597 |
work_keys_str_mv |
AT albertorusso afterkeynesianismeconomictheoriesforanoneconomicpolicy |
_version_ |
1725957804790906880 |