Global crises are very rare events. After the Great Depression and the Great Stagflation, new macroeconomic paradigms associated with a new policy regime emerged. This book addresses how some macroeconomic ideas have failed and examines which theories researchers should preserve and develop. It...

Global crises are very rare events. After the Great Depression and the Great Stagflation, new macroeconomic paradigms associated with a new policy regime emerged. This book addresses how some macroeconomic ideas have failed, and examines which theories researchers should preserve and develop. It...

This volume integrates historical and policy-oriented papers dealing with the relevance of the Keynesian approach for economic theory, policy, and crisis analysis. The first part of the volume focuses on historical, theoretical, and methodological issues, putting them in current codex. The...