Discover James Tobin's impact on economics through his Nobel prize-winning research, the Tobin Tax, and his influential role ...

Keynesian economics is a macroeconomic theory that advocates for active government intervention to manage economic cycles, particularly during recessions and depressions. Developed by British ...

Jason Furman is one of the most influential Democratic economists of the past two decades. From 2013 to 2017 he chaired President Barack Obama's Council of Economic Advisers, where he helped shape tax ...

One of the truths revealed by the debate over the fiscal cliff is that lawmakers in Washington are in bitter disagreement over the cause of and solution to our economic malaise. There is the Keynesian ...

Just how important is money? Few would deny that it plays a key role in the economy.­ During the Great Depression of the 1930s, existing economic theory was unable either to explain the causes of the ...