This paper presents a list of the top 20 articles published in the <em>American Economic Review</em> during its first 100 years. This list was assembled in honor of the <em>AER</em>'s one-hundredth anniversary by a group of distinguished economists at the request of <em>AER</em>'s editor. A brief description accompanies...

"This paper uses the old-Keynesian representative agent model developed in Farmer (2010b) to answer two questions: 1) do increased government purchases crowd out private consumption? 2) do increased government purchases reduce unemployment? Farmer compared permanent tax financed expenditure...