Keynes and Keynesians

Atanas Leonidov

Economic Thought journal, 2010, issue 3, 3-22

Abstract: An attempt was made to evaluate entirely and objectively Keynes’ place in economics, his extraordinary approaches and views on: the crucial role of investments in relation to savings under the conditions of crises and stagnation in economy; the major significance of the fiscal policy as an instrument of macroeconomic regulation; the inefficient cut of government expenditure under depression; the moderate conservative nature of his social philosophy. The evolution of the main Keynesian Schools and trends is monitored – New Keynesians, Post Keynesians in two versions (the English Cambridge School and the American Monetary System), the Non-Equilibrium analysis and New Keynesians.

JEL-codes: B20 B50 (search for similar items in EconPapers)
Date: 2010
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Persistent link: https://EconPapers.repec.org/RePEc:bas:econth:y:2010:i:3:p:3-22

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