After Keynesianism: Economic Theories for a (non) Economic Policy

Authors

  • Alberto Russo Università Politecnica delle Marche

DOI:

https://doi.org/10.6092/issn.1825-9618/7597

Keywords:

John Maynard Keynes, NAIRU, New Classical Macroeconomics, Great Recession, Financialization

Abstract

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.

 

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Published

2017-12-18

How to Cite

Russo, A. (2017). After Keynesianism: Economic Theories for a (non) Economic Policy. Scienza & Politica. Per Una Storia Delle Dottrine, 29(57). https://doi.org/10.6092/issn.1825-9618/7597

Issue

Vol. 29 No. 57 (2017)

Section

Political Declinations of Economic Word (edited by Adelino Zanini)

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Copyright (c) 2017 Alberto Russo

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