Publications

Policy Note 2001/10 | October 2001

Are We All Keynesians (Again)?

It is now widely recognized that economists and policymakers alike had been living a 30-year fantasy. The best government is not that which governs least. The best economy is not that which is abandoned to the invisible fist of the unconstrained market. Our national and individual security is not best left to the fate of the private pursuit of maximum profit. The events of September 11 underscored what was already apparent: Big Government needs to play a bigger role in our economy. Our late Levy Institute colleague Hyman P. Minsky has been vindicated once more.


Publication Highlight

Working Paper No. 995
The Employer of Last Resort Scheme and the Energy Transition
A Stock-Flow Consistent Analysis
Author(s): Giuliano Toshiro Yajima
November 2021

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