Developments in Economics After the First World War

Volker Caspari ()
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Volker Caspari: Technical University of Darmstadt

Chapter Chapter 12 in A History of Economics, 2024, pp 127-157 from Springer

Abstract: Abstract After the First World War (WWI), four developments can be identified in economics. Macroeconomic problems such as inflation, mass unemployment and business cycles became more important and the theoretical study of them led to a differentiation and a new field of study, that of macroeconomics. The development of this discipline is inextricably linked with the name and theory of John Maynard Keynes.

Date: 2024
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DOI: 10.1007/978-3-662-70177-5_12

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