Victoria is in huge debt but the government is keen to keep spending to stave off worsening unemployment.
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Articles on Keynesianism
Displaying 1 - 20 of 21 articles
Championed by Thatcher, Reagan and Elon Musk, there’s a marked tendency to reduce Hayek to less than the sum of his parts.
The Cold War was an economic standoff as well as an atomic one. The author of a new book describes the minds behind the great ideological battles on that 20th-century front line.
Rob Davies is critical of economic policy, starting with the Mandela administration. He reserves particular criticism for its macroeconomic policy framework introduced in 1996.
The Australian government’s spending is Keynesian, but its approach to wage growth is not.
This recession is not like any other in living memory. Phase one involved a massive supply shock. Phase two will involve dealing with a collapse in demand.
Book sheds new light on the evolution of the economic policy of the African National Congress, South Africa’s governing party.
We could welcome the news that prices have been rising much more slowly since the coronavirus pandemic – or we could get nervous.
Young people in the UK experience some of the worst working conditions. To understand why we need to look at longer-term changes in the political economy.
South African economist is one of leading voices questioning the way we relate everything to a single statistic.
George Kerevan, Stephen Boyd and Katherine Trebeck see a world where employees are treated like just-in-time inventory.
Monetarist economist Milton Friedman first coined the phrase ‘helicopter money’ in the 1960s.
Thomas Piketty’s visit reminds us of the need to reconsider South African inequality-fibbery. His inequality critique is vital, but only if it can withstand the neoliberal embrace.
Could the surge of worker and popular resistance worldwide provide the global trade union movement with an opportunity to take the lead in developing a broad coalition of social forces?
When Lord John Maynard Keynes wrote “In the long run we are all dead”, he was not just expressing his frustration at mainstream economists who blindly believed in self-adjusting markets. I am convinced…
Many highly distinguished economists such as my friend Geoff Harcourt come from what is commonly known as the Post-Keynesian school. This means they believe the theory of economics and fiscal policy applied…
After all those years of flat-line economic performance in the UK economy and declining real incomes, we’ve seen quite a turn around. The growth rate is now one of the best in Europe, house prices are…
Tony Abbott became prime minister on Saturday by promising to lead an adult government of competence and stability after years of Labor infighting and backflips. Policy details and bankable pledges were…
According to billionaire George Soros, co-founder of the Institute for New Economic Thinking, proving the bankruptcy of traditional economic theory is “mission accomplished” and it is now time to determine…
Recent years have demonstrated the enduring strength of a core Keynesian insight: deficit spending may result in higher growth and enable states to move more quickly into surplus. In this light, Australian…
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Distinguished Reserach Professor, Southern Centre for Inequality Studies, University of the Witwatersrand
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Associate Professor of International Relations, Australian National University
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Professor of Economics, University of Aberdeen
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Professor: International Business & Strategy, Wits Business School, University of the Witwatersrand
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Chair & Professor of International Business, University of Manchester
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Senior Lecturer in Economics, The Open University
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Dean of the Wharton School, University of Pennsylvania
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Professor of Political Economy, University of the Witwatersrand
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Lecturer in Employment Relations, University of Sheffield
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Dean of Business School, University of Southern Queensland
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Michael Keating is a Friend of The Conversation.
Visiting Fellow, College of Business & Economics, Australian National University
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Professor of Economics, University of Canberra
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Emeritus Professor of Public Policy, RMIT University
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Senior Lecturer in Economics, Bournemouth University
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Associate Professor of Economics, Heriot-Watt University
