Discover how New Keynesian economics updates classical Keynesian principles, focusing on price stickiness, wage rigidity, and ...

Discover how Keynesian and Neo-Keynesian economics differ in addressing economic growth and stability through fiscal and monetary policies.

The Southern Economic Journal features original, refereed scholarly articles in all areas of economics as well as contributions on the pedagogy of economics. The journal also contains occasional ...

The tax overhaul bill before Congress has a professed rationale that rests on economic theory. As neuroscientists who study decision making, we would like to raise a very serious objection to this ...

Keynes challenged the fundamental theories of classical economics and influenced European and American economic policies throughout World War I, the Great Depression, and World War II. How did Keynes’ ...

In this essay, my point of departure is Bernard Hodgson's analysis of neo-classical economic theory and his demonstration that neo-classical economic thought is already a branch of normative theory. I ...

Robert E. Lucas Jr., a Nobel Prize-winning economist whose revolutionary theories transformed the field of macroeconomics and our understanding of economic policy, died May 15. He was 85. A member of ...