Dopo il keynesismo: teorie economiche per una (non-) politica economica

Russo, Alberto (2017): Dopo il keynesismo: teorie economiche per una (non-) politica economica. Published in: Scienza & Politica , Vol. XXIX, No. 57 (18 December 2017): pp. 85-103.

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.

• Item Type: MPRA Paper
• English Title: After Keynesianism: Economic Theories for a (non) Economic Policy
• Language: Italian
• Keywords: John Maynard Keynes; NAIRU; New Classical Macroeconomics; Great Recession; Financialization.
• Subjects: B - History of Economic Thought, Methodology, and Heterodox Approaches > B2 - History of Economic Thought since 1925 > B22 - Macroeconomics; E - Macroeconomics and Monetary Economics > E6 - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook > E60 - General

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