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Institute for New Economic Thinking
Wade Hands - Paul Samuelson and the Neoclassical Synthesis
Paul Samuelson was both a mathematical micro-economist, working from theorem to proof in the neoclassical tradition, and a committed Keynesian macroeconomist, convinced of the necessity of policy intervention to improve the performance...
Curated Video
Aggregate Demand and Aggregate Supply Analysis: Exploring the Keynesian AS Curve
This is a lecture on aggregate demand and aggregate supply analysis, focusing on the Keynesian AS curve. The speaker provides examples of different impacts on the economy depending on which part of the AS curve is relevant at any given...
Institute for New Economic Thinking
Adam Posen: What Japan and the UK Demonstrate about Macroeconomic Stimulus
Welcome to our new video series called "New Economic Thinking." The series will feature dozens of conversations with leading economists on the most important issues facing economics and the global economy today.
This first...
This first...
Institute for New Economic Thinking
Fighting Neoliberalism with Keynes & Minsky?
Riccardo Bellofiore explains how managerial capitalism of the post-war era entered into a crisis of profitability in the 1970s, and subsequently metamorphized into a new stage, where the role of banks changed, households became net...
Institute for New Economic Thinking
The Need for Sustained Stimulus
In part 3 of INET's exclusive interview with Robert Skidelsky, he says that today Keynes would push for continued stimulus, because he believed that the economy would not simply bounce back without it
Curated Video
Aggregate Supply: Keynesian View and Classical Analysis
This video introduces the Keynesian view of aggregate supply and compares it to the classical approach. The presenter explains how the Keynesian curve was developed during the Great Depression when market forces failed to correct the...
Institute for New Economic Thinking
Nicholas Wapshott - Keynes vs. Hayek: The Debate Wages On (5/5)
In part 5 of this INET interview, Nicholas Wapshott discusses how the conflict between Keynes and Hayek has carried forward into modern debates over the proper role of governance. As policy debates still wage on today over austerity vs....
Khan Academy
Khan Academy: Political Ideology and Economics
This video [6:09] discusses how liberals, conservatives, and libertarians think about fiscal and monetary policy. Discussion of Keynesian and supply-side economics.
Khan Academy
Khan Academy: Demand Pull Inflation Under Johnson
A real-world example of the concepts behind the AD-AS model is the inflation that the United States experienced in the late 1960s. In this video, we break down some of the events going on at the time and use the AD-AS model to see if our...