Discover how Keynesian economics can stabilize economies by mitigating boom-bust cycles, as pioneered by John Maynard Keynes ...
Discover how demand-side economics supports economic growth through government intervention and increased aggregate demand.
It's tough enough for a small business to survive in a down economy, to say nothing of achieving hoped-for growth by opening additional locations, expanding a product line or targeting new markets.
Sovereign debt crises coincide with deep recessions. I propose a model of sovereign debt that rationalizes large contractions in economic activity via an aggregate-demand amplification mechanism. The ...