Forbes contributors publish independent expert analyses and insights. Hersh Shefrin analyzes how psychology impacts markets and policy. John Maynard Keynes’ book The General Theory of Interest, ...
This is a preview. Log in through your library . Journal Information Founded in 1969, the Journal of Money, Credit and Banking (JMCB) is a leading professional journal read and referred to by scholars ...
This is a preview. Log in through your library . Abstract The paper argues that the derivation of the aggregate demand curve in the new Keynesian literature is insufficient to provide the theoretical ...
Today every central bank is printing money by the bucket loads in an attempt to stimulate their national economies. They are following Keynesian dogma that increasing aggregate demand will spur an ...