n South African Journal of Economic History - Keynes and macroeconomics after 70 years : Critical assessments of the General Theory, L. Randall Wray & Matthew Forstater (Eds.) : book review

Volume 24, Issue 2
  • ISSN : 2078-0389
  • E-ISSN: 2078-0397
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Keynesian Economics is resurgent. It is not just card-carrying Keynesians - Paul Krugman comes to mind - but economists from a distinctly more classical pursuasion, like Richard Posner, who are discovering or rediscovering Keynes. Events are driving this intellectual tide, with the international financial crisis bringing similar intellectual and policy challenges for modern economies and economists to those of the Great Depression and the generation of Keynes.

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