Blog
Is Keynes still relevant?
15th September 2009
Paul Mason considers the return of Keynesian economics as the state has returned to rescue the market in this BBC Newsnight video - an excellent resource to show in the classroom. The return of Keynesian thinking is - according to Paul Mason - a result of a more pragmatic approach to macro-economic policy-making.
In a follow-up discussion on Newsnight Jeremy Paxman is joined by Lord Skidelsky, biographer of John Maynard Keynes, and Sunday Telegraph columnist Liam Halligan, to debate how relevant Keynes’ theories are in the current economic climate.