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neoclassical synthesis

  1. ronki23

    NeoClassical vs Monetary Economics

    I'm getting a bit confused here but I thought there were two main schools of economics : NeoClassical Consensus: developed by Adam Smith and where the market is free from the government. Also known as economic liberalism? Keynesianism: developed by John Maynard Keynes and where the goverment...
    • ronki23
    • Thread
    • keynesianism macroeconomics microeconomics monetarism neoclassical neoclassical synthesis
    • Replies: 7
    • Forum: The Material World
  2. ronki23

    Can we combine Keynesianism with Trickle Down economics?

    Keynesianism is the theory that the government has a role in the economy and the economy can be stimulated via spending. Franklin Roosevelt is an example Trickle down theory says if we cut taxes for the 'rich' then they money they save by not being taxed can be spent; when a person or business...
    • ronki23
    • Thread
    • economics economy keynesianism neoclassical synthesis trickle down
    • Replies: 9
    • Forum: General Discussion
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