Discover how Keynesian economics can stabilize economies by mitigating boom-bust cycles, as pioneered by John Maynard Keynes in transforming economic theory.

Central banks use macroeconomic models to help frame the issues that they face, to mold their ideas, and to guide them in their decisionmaking. While a wide range of models are available, economists ...

Explore economic leakage—how capital or income exits an economy within the circular flow of income model, affecting supply and demand, and requiring government intervention.

Trump’s China Chip Deal and the Sale of American National Security It’s the Incentives, Stupid China’s Threat to the World Economy Trump Is Right on Gas-Powered Cars Green Energy’s Problems Go Beyond ...

*Refers to the latest 2 years of stltoday.com stories. Cancel anytime. John Maynard Keynes was an economist and his theories prescribed the government should take steps to stimulate the economy during ...

Historical studies are enlivened by court intrigues, gossip and warfare. Language studies introduce students to rich literary traditions. The study of science or engineering offers the potential for ...

Just how important is money? Few would deny that it plays a key role in the economy.­ During the Great Depression of the 1930s, existing economic theory was unable either to explain the causes of the ...

We construct a multiagent system (MAS) model of cyclical growth in which aggregate fluctuations result from variations in activity at the firm level. The latter, in turn, result from changes in ...

The November mid-term elections were a citizen referendum for reductions in the size and scope of the federal government. But can federal spending and the budget deficit actually be reduced ...

Continuous albeit oscillating economic growth has become a hallmark of modern economies. Arguing on the basis of theoretical models, some authors maintain that growth is even a systemic requirement of ...