J. Barkley Rosser
Abstract
Much debate has arisen recently regarding the relationship between New Keynesian and Post Keynesian economics. At one extreme is the view that they are utterly incompatible, that New Keynesian economics is merely a redone version of New Classical economics and thus a vile travesty of Keynesian economics in any form.1
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Much debate has arisen recently regarding the relationship between New Keynesian and Post Keynesian economics. At one extreme is the view that they are utterly incompatible, that New Keynesian economics is merely a redone version of New Classical economics and thus a vile travesty of Keynesian economics in any form.1
Key concepts: Keynesian economics, New Keynesian economics, Economics, Dynamics (music), Physics, Monetary policy, Acoustics