Search results
Results from the WOW.Com Content Network
The series explores the lives of John Maynard Keynes, Friedrich Hayek, and Karl Marx, and their influence on modern economics. [2] Keynes is known for Keynesian economics and as an early pioneer of macroeconomics, Hayek is part of the Austrian School of economics, and Marx is known for communism and the theories that are collectively called ...
Post-Keynesian economists, on the other hand, reject the neoclassical synthesis and, in general, neoclassical economics applied to the macroeconomy. Post-Keynesian economics is a heterodox school that holds that both neo-Keynesian economics and New Keynesian economics are incorrect, and a misinterpretation of Keynes's ideas. The post-Keynesian ...
Marxism and Keynesianism is a method of understanding and comparing the works of influential economists John Maynard Keynes and Karl Marx.Both men's works has fostered respective schools of economic thought (Marxian economics and Keynesian economics) that have had significant influence in various academic circles as well as in influencing government policy of various states.
Portrayals of economics in film include the depiction of economic principles, themes, and concepts within cinematic narratives. Films often use economic elements as part of their stories, even when not explicitly focused on economics. Films can incorporate economic ideas into their narratives, often without the audience consciously recognizing ...
Demand-led growth is the foundation of an economic theory claiming that an increase in aggregate demand will ultimately cause an increase in total output in the long run. This is based on a hypothetical sequence of events where an increase in demand will, in effect, stimulate an increase in supply (within resource limitations).
The Keynes effect is the effect that changes in the price level have upon goods market spending via changes in interest rates. As prices fall, a given nominal money supply will be associated with a larger real money supply, causing interest rates to fall and in turn causing investment spending on physical capital to increase.
While it was probably the first movie to transform student debt into a monster, the film was only the latest in a long line of movies that connect ghastly terrors to economic miseries.
The General Theory of Employment, Interest and Money is a book by English economist John Maynard Keynes published in February 1936. It caused a profound shift in economic thought, [1] giving macroeconomics a central place in economic theory and contributing much of its terminology [2] – the "Keynesian Revolution".