Central banks use macroeconomic models to help frame the issues that they face, to mold their ideas, and to guide them in their decisionmaking. While a wide range of models are available, economists ...

Keynesian economics is a macroeconomic theory that advocates for active government intervention to manage economic cycles, particularly during recessions and depressions. Developed by British ...

The Nobel Memorial Prize in Economic Science was awarded this morning to Finn E. Kydland, a professor of economics at Carnegie Mellon University’s Tepper School of Business and at the University of ...

Come any Budget (or crisis), the discussion veers towards favouring and opposing Keynesian stimulus, multipliers, and animal ...

We Need a Private-Sector Overhaul of U.S. Space Exploration Chasing Platforms Instead of Ambulances: Social Media Liability Trial Kicks Off in California The Administration’s War on Drug Development ...

*Refers to the latest 2 years of stltoday.com stories. Cancel anytime. John Maynard Keynes was an economist and his theories prescribed the government should take steps to stimulate the economy during ...

The November mid-term elections were a citizen referendum for reductions in the size and scope of the federal government. But can federal spending and the budget deficit actually be reduced ...

Historical studies are enlivened by court intrigues, gossip and warfare. Language studies introduce students to rich literary traditions. The study of science or engineering offers the potential for ...

Just how important is money? Few would deny that it plays a key role in the economy.­ During the Great Depression of the 1930s, existing economic theory was unable either to explain the causes of the ...

JOHN MAYNARD KEYNES ranks with Adam Smith and Karl Marx among economists in the influence that his views have exerted on the general public. He had the vision to see that economics lacked a general ...