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 ...

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, ...

As a doctoral student in the Economics Department, Kvangraven now works on structural explanations of underdevelopment in Africa, drawing from the work of Professor Anwar Shaikh. She explained, “I use ...

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 ...

neoclassical economics, and Keynesian economics. In accordance with this tradition, the Economics Department Working Papers series presents the most recent research by NSSR scholars to promote ...