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.
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.
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.
Marxian economicsCompared with: Its crisis analysis centers on demand and policy, unlike Marxian accounts grounded in capitalist contradictions.
Chicago school of economicsCompared with: Chicago monetarists challenged Keynesian explanations and prescriptions for managing economic fluctuations.
EconomicsCompared with: It supports demand management when private spending is insufficient to sustain output.
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.
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.
Dynamic stochastic general equilibriumCompared with: Its historical versions often relied less on explicit optimizing agents and model-consistent expectations.
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.
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.
Laffer curveCompared with: Revenue arguments based on demand effects differ from the curve’s focus on tax-rate incentives.
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.
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.
Jean-Baptiste SayCompared with: Keynesian economics rejects the idea that production alone ensures sufficient demand.
Ruud LubbersCompared with: Lubbers’s emphasis on restraint contrasted with demand-led responses to recession.
Yegor GaidarCompared with: Its policy priorities differ from the rapid market liberalization and fiscal restraint associated with Gaidar.
Capitalism and FreedomCompared with: Friedman’s market-oriented proposals challenged influential postwar assumptions about government management.
Javier MileiCompared with: Milei rejects demand management in favor of market-led adjustment and fiscal restraint.
Economic depressionCompared with: It recommends demand support during severe slumps, contrasting with views that stress rapid self-correction.
Lyndon LaRoucheCompared with: LaRouche rejected aspects of postwar economic orthodoxy while proposing state-led investment on different theoretical grounds.