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Progressive economics—also known as New Progressive Economics [6] —made a comeback in the United States to the forefront public discourse after the Great Recession of the late 2000s. Popular dissatisfaction with government policies favouring big business and the bailout of banks led to the emergence of the Occupy Wall Street movement.
Paul Robin Krugman (/ ˈ k r ʊ ɡ m ə n / ⓘ KRUUG-mən; [4] [5] born February 28, 1953) [6] is an American New Keynesian economist who is the Distinguished Professor of Economics at the Graduate Center of the City University of New York.
One of the most influential economists of the 20th century, [5] [6] [7] he produced writings that are the basis for the school of thought known as Keynesian economics, and its various offshoots. [8] His ideas, reformulated as New Keynesianism, are fundamental to mainstream macroeconomics. He is known as the "father of macroeconomics". [9]
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Anti-market progressives dominate the Biden administration. Their policies also help discredit it.
Irving Fisher (February 27, 1867 – April 29, 1947) [1] was an American economist, statistician, inventor, eugenicist and progressive social campaigner. He was one of the earliest American neoclassical economists , though his later work on debt deflation has been embraced by the post-Keynesian school. [ 2 ]
His most famous work, Progress and Poverty (1879), sold millions of copies worldwide. [1] The treatise investigates the paradox of increasing inequality and poverty amid economic and technological progress, the business cycle with its cyclic nature of industrialized economies, and the use of rent capture such as land value taxation and other ...
This article lists notable socialist economists and political economists This is a dynamic list and may never be able to satisfy particular standards for completeness. You can help by adding missing items with reliable sources .