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Pastimes : A CENTURY OF LIONS/THE 20TH CENTURY TOP 100 -- Ignore unavailable to you. Want to Upgrade?

To: Neocon who wrote (212)	10/18/1999 11:41:00 AM
From: mc	Read Replies (1) \| Respond to of 3246

Well, I thought it an obvious choice that was just overlooked, however, if he needs support... Keynes is the author of an economic theory that has defined economics throughout the majority of the 20th century. Everything that has come after has been framed around Keynesianism. When different theories are discussed the arguments are often framed around how they are different from Keynesianism. And now, as we end the 20th century, economists as a group are coming back again towards 'new keynesianism' and away from some of the other theories that rose up over the last few decades (mostly monetarism and rational-expectation models). He has impacted the world in more ways than we can possibly imagine if for no other reason that for the influence his thoeries have with people who make decisions for us all: central bankers. If that's not enough, let me know and I'll offer more. mc