Authors: XÈNIA ALEMANY, SOFIA GROIZARD
The article introduces the discussion on the necessity of state regulation of the market through a micro level and at a macro level using mainly the statements of Keynes and Friedman, two opposite economists on the topic. The essay goes through the pros and cons of each part and ends up on a state intervention position.
All posts tagged keynesian economics
A review of modern business cycle models
A critic’s perspective about mainstream assumptions in economics Autores: FERRÁN GARCÍA, LUIS SANAGUSTÍN, DARIO CORTABITARTE, NÚRIA MASSANÉS, POL COMAS Descarga el artículo en PDF a continuación: John Maynard Keynes’ General Theory changed the framework through which macroeconomics was conceived, substituting the monetary theory (see Laidler, 1999, or Dimand, 2008). Keynes’ aim in the book was…