and Summary -- I. A re-examination of the state of growth and stabilization theories -- 1. Second Thoughts on Growth Theory -- 2. The State of Macroeconomics -- 3. The Rich Country-Poor Country Problem: From the Eighteenth to the Twenty-First Centuries -- II. Innovations in financial markets and...

Keynesian economics dominated economic thought and macroeconomic policy-making in the 1950s and 1960s. However, the diffusion of Keynesian economics has been uneven. In this paper, we compare the spread of Keynesian economics in two continental European countries: Belgium and Italy. We focus on...