Linked from
The 68 pages that link to Keynesian economics, each with the reason it gives.
NeoliberalismCompared with: Its postwar influence receded as neoliberal ideas gained ground during the crises of the 1970s.
Fiscal policyNarrower topic: It provides the intellectual framework most closely associated with activist fiscal policy.
John Maynard KeynesBroader topic: It formalizes the central ideas developed in Keynes’s major theoretical work.
Bretton Woods systemCompared with: Keynes wanted international, not merely national, demand management; the Americans narrowed the scope.
Laissez-faireCompared with: Keynesian policy supports intervention when private spending fails to sustain economic activity.
Margaret ThatcherCompared with: Her government rejected demand management in favor of controlling money supply and inflation.
Milton FriedmanCompared with: Friedman challenged postwar Keynesian accounts of money, consumption, and economic stabilization.
Political economyCompared with: It emphasizes how public policy can counter economic downturns.
AusterityCompared with: It supports deficit-financed stimulus when private demand is weak.
Classical economicsCompared with: It challenged classical confidence that flexible prices and wages reliably restore full employment.
Economic planningRelated: It supported macroeconomic steering as an alternative to directing every sector.
FordismRelated: Postwar demand management complemented Fordist mass production in many advanced economies.
MonetarismCompared with: Its early postwar versions gave fiscal policy a larger stabilization role than monetarists accepted.
Neoclassical economicsCompared with: It challenges the view that flexible prices reliably restore full-employment equilibrium.
Interwar periodRelated: Its ideas challenged reliance on automatic market adjustment during the Depression.
Marxian economicsCompared with: Its crisis analysis centers on demand and policy, unlike Marxian accounts grounded in capitalist contradictions.
Beveridge ReportRelated: Keynesian policy offered an economic rationale for the full-employment commitment underpinning Beveridge’s plan.
Chicago school of economicsCompared with: Chicago monetarists challenged Keynesian explanations and prescriptions for managing economic fluctuations.
Lucas critiqueRelated: Lucas challenged policy models that treated estimated behavioral relationships as stable across interventions.
EconomicsCompared with: It supports demand management when private spending is insufficient to sustain output.
Recession (economics)Related: Keynesian accounts explain recessions through insufficient demand and support demand-side remedies.
Ludwig von MisesCompared with: Its support for active stabilization differs from Mises’s opposition to credit expansion and intervention.
OrdoliberalismCompared with: It foregrounds macroeconomic management, while ordoliberalism centers on the rules that structure markets.
Real business cycle theoryCompared with: Unlike real business cycle theory, Keynesian accounts commonly treat recessions as inefficient shortfalls in demand.
Supply-side economicsCompared with: Its focus on demand management differs from supply-side emphasis on productive incentives and capacity.
The General Theory of Employment, Interest and MoneyNarrower topic: The book establishes the central framework later developed as Keynesian economics.
BimetallismRelated: Its policy approach offers a different response to downturns than expanding the money supply through silver coinage.
Economic policyRelated: It supports active demand management when private spending falls sharply.
MacroeconomicsRelated: It explains how weak spending can sustain low output and high unemployment.
Quantity theory of moneyCompared with: Keynesian analysis allows changes in money to affect output and interest rates before prices adjust.
Ricardian equivalenceCompared with: Keynesian accounts often predict that debt-financed tax cuts can raise demand.
American Recovery and Reinvestment Act of 2009Related: The act became a major test case in debates over demand management during recessions.
Dynamic stochastic general equilibriumCompared with: Its historical versions often relied less on explicit optimizing agents and model-consistent expectations.
Postwar consensusRelated: Its case for countercyclical policy underpinned consensus commitments to full employment.
ReaganomicsCompared with: Its demand-management tradition differs from Reaganomics’ emphasis on incentives and supply-side growth.
Reserve army of labourCompared with: It locates unemployment primarily in demand shortfalls, unlike Marx’s structural account of labour surplus.
Joan RobinsonNarrower topic: Robinson helped develop Keynes’s ideas beyond their initial formulation.
Secular StagnationNarrower topic: Hansen framed stagnation as a demand problem within the emerging Keynesian tradition.
Austrian business cycle theoryCompared with: It often explains downturns through deficient demand rather than prior credit-induced investment errors.
Austrian school of economicsCompared with: Its macroeconomic policy prescriptions often conflict with Austrian explanations of downturns and intervention.
Edward C. PrescottCompared with: It commonly assigns downturns a different cause than Prescott’s productivity-shock account.
History of Economic ThoughtBroader topic: It recast economic thought after the Great Depression and reshaped macroeconomic policy.
Laffer curveCompared with: Revenue arguments based on demand effects differ from the curve’s focus on tax-rate incentives.
Alvin HansenNarrower topic: Hansen adapted Keynesian demand analysis to explain long-term economic weakness.
Edmund PhelpsCompared with: Phelps revised short-run Keynesian analysis by making inflation expectations central to unemployment.
Fiscal conservatismCompared with: It can support deficit spending during downturns, unlike strict balanced-budget approaches.
James TobinNarrower topic: Tobin developed influential Keynesian analyses of monetary policy and economic stabilization.
Robert MundellCompared with: Mundell’s policy models examine when fiscal or monetary intervention works, questions central to Keynesian economics.
Trickle-down economicsCompared with: It supports stimulating demand directly when private spending is weak.
Christopher A. PissaridesCompared with: Pissarides’s framework focuses on matching frictions, complementing demand-centered explanations of unemployment.