Keynesian economics is a theory whose premise is that aggregate demand is a primary driver of the economy and employment. Keynesian economics is an economic theory, and the basic premise is that ...
But there's an "unorthodox" macroeconomic theory that has gained popularity called Modern Monetary Theory, also known as MMT, that challenges the traditional way we think about how the economy works: ...
Rep. Alexandria Ocasio-Cortez has said it “absolutely” should be part of our conversation about the economy. During the presidential campaign, Sen. Bernie Sanders’ chief economist was an adherent. But ...
WASHINGTON — In a measure of how quickly its options are shrinking, the United States is about to embrace an economic theory that was widely thought for most of the last generation to have been ...
The following comments, about the article “Economics in an Age of Fracture,” by Daniel T. Rodgers (The Chronicle Review, January 14), are from chronicle. com: I don’t find the word “finance” in the ...
With every new administration there are hopes on the part of roughly a half of the population and dread on the other. It flips like a coin. A random walk, for the probability fans out there, that ...
Modern Monetary Theory, the buzziest economic idea in decades, got a pandemic tryout of sorts. Now inflation is testing its limits. Stephanie Kelton, proponent of Modern Monetary Theory, at home in ...
View post: Analysis: Why ‘cheap stocks to buy now’ is the wrong investing idea Supply-side economics (also called trickle-down economics and Reaganomics) is a macroeconomic theory that focuses on ...
Behavioral economics combines elements of economics and psychology to understand how and why people behave the way they do in the real world. It differs from neoclassical economics, which assumes that ...
When gasoline is expensive, people grumble that big oil companies like Chevron and ExxonMobil are colluding to keep prices high. They’re wrong. The best way to understand why businesses aren’t ...