It has been more than 80 years since the beginning of the Keynesian revolution in economics with the publication of John Maynard Keynes’ The General Theory of Employment, Interest, and Money in 1936.

Tal y como se reconoce, el propósito central de este artículo es señalar la inconsistencia presente en los modelos de oferta y demanda agregada, y las interpretaciones en estatica comparativa que se ...

Keynesian orthodoxy claims that the cause of recessions is a decline in so-called aggregate demand. Besides confusing ...

It's tough enough for a small business to survive in a down economy, to say nothing of achieving hoped-for growth by opening additional locations, expanding a product line or targeting new markets.

Investopedia contributors come from a range of backgrounds, and over 25 years there have been thousands of expert writers and editors who have contributed. The prices of goods and services are the ...

Forbes contributors publish independent expert analyses and insights. Hersh Shefrin analyzes how psychology impacts markets and policy. John Maynard Keynes’ book The General Theory of Interest, ...

This paper explores the relative role of aggregate demand and supply shocks in affecting the output level and inflation rate in a low-income country vulnerable to various economic shocks. The study ...

Will Kenton is an expert on the economy and investing laws and regulations. He previously held senior editorial roles at Investopedia and Kapitall Wire and holds a MA in Economics from The New School ...