Fun and Useful -- Welcome! -- Dead Men’s Wrong Ideas? -- Pioneers and Contenders -- Wealth and Power: Mercantilism -- The Physiocrats and Law of Nature -- Classical School -- Adam Smith and the Invisible Hand of the Market Mechanism -- Thomas Malthus and Effectual Demand -- David Ricardo and...

The History of Economics Society was founded at a time when the History of Economic Thought was being expelled from the Economics post-graduate curriculum in many universities, and was one of the key institutions around which the sub-discipline successfully re-organised itself and continued to...

This paper asks whether the post-Keynesian or New Keynesian paradigm provides a more realistic description of the effects of fiscal policy on output and consumption. I establish some macro and microeconomic stylized facts on fiscal multipliers and marginal propensities to consume based on the...