This puts the task of increasing output on the shoulders of the government. According to Keynesian economics, state intervention is necessary to moderate the booms and busts in economic activity, ...

Keynesian economics is a theory whose premise is that aggregate demand is a primary driver of the economy and employment. Keynesian economics is an economic theory, and the basic premise is that ...

The Artstor website will be retired on Aug 1st. The Journal of Economic Perspectives Vol. 32, No. 3, Summer 2018 The State of New Keynesian Economics: A ... The State of New Keynesian Economics: A ...

However, while they may speak the same language, Keynesian and Austrian economists approach the economy from two very different perspectives. Austrian economics comes from the Austrian Empire in ...

MOVING WALL The "moving wall" represents the time period between the last issue available in JSTOR and the most recently published issue of a journal. Moving walls are generally represented in years.