#neoclassical_synthesis

Neoclassical synthesis

Postwar academic movement in economics

The neoclassical synthesis (NCS), or neoclassical–Keynesian synthesis is an academic movement and paradigm in economics that worked towards reconciling the macroeconomic thought of John Maynard Keynes in his book The General Theory of Employment, Interest and Money (1936) with neoclassical economics.

Sat 24th

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