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krugman.blogs.nytimes.com - 11/30/2008
The Keynesian moment
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Greg has this exactly right: IF you were going to turn to only one economist to understand the problems facing the economy, there is little doubt that the economist would be John Maynard Keynes. Although Keynes died more than a half-century ago, his diagnosis of recessions and depressions ...
rodrik.typepad.com - 12/5/2008
Some unpleasant Keynesian arithmetic
— rodrik.typepad.com — How much of a boost to economic activity will a fiscal stimulus provide?  For those who believe... that we have entered a Keynesian world of shortage of aggregate demand--me included--the answer depends on the Keynesian multiplier.  The size ... (more) Some unpleasant Keynesian arithmetic

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rodrik.typepad.com - 12/6/2008
Does mercantilism work in a Keynesian world?
— rodrik.typepad.com — Yes it does. And not just in theory, but also in practice. The evidence comes from the... 1930s, and from the work of Ben Bernanke himself (along with other scholars like Barry Eichengreen).  The important finding is that countries that devalued ... (more) Does mercantilism work in a Keynesian world?
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J. Bradford DeLong's Grasping Reality with All Eight Tentacles:  John Maynard Keynes Is Very Much Alive

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John Maynard Keynes Is Very Much Alive
J. Bradford DeLong's Grasping Reality with All Eight Tentacles — ... Paul Krugman cites Greg Mankiw: The Keynesian moment: Greg has this exactly right: IF you were going to turn to only one economist to understand the problems facing the economy, there is little doubt that the economist would be John Maynard Keynes. Although Keynes died more than a half-century ago, his diagnosis of recessions and depressions remains the foundation of modern macroeconomics. His insights go a long way toward explaining the challenges we now confront. I think it’s worth saying ...

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