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Akerlof on Keynesian-neoclassical synthesis’s departure from Keynes

George Akerlof explains how the Keynesian- neoclassical synthesis dominated the field, and what problems this dominance resulted.

Global Economy

Interviews

Performance of Macroeconomics is not that bad! | Q&A with Ricardo Reis |

In the interview, Ricardo Reis discuss with us his latest research project - "Reservism", the study of the role of reserves on central bank balance sheets and their implications for central bank solvency, quantitative easing, and the ability to control inflation.

How to Maintain Prosperity for All | Interview with Roger Farmer

Roger Farmer explains : Why central banks should consider stock market intervention in stabilizing the employment markets?

Understanding the Great Recession | Interviews with Larry Christiano |

Larry Christiano, one of the most prominent researcher on DSGE model, explains what his research "Understanding the Great Recession" tell us about the Great Recession as well as labor participation rate's role in the developments of the Great Recession.

How the Game of Bank Bargains Created the Financial Crisis? | Q&A with Calomiris...

Welcome to the latest installment of our interview series “Where is the General Theory of the 21st Century?” “Where is the General Theory of the...