New Books in Economics cover image

Larry Summers (Harvard Economics Professor) on His Career In Academic Economics, Government, University Leadership and Corporate America

New Books in Economics

00:00

Critiquing the Extensive Elaboration of the New Keynesian Model

This chapter explores the flaws and limitations of the new Keynesian model in economics, including its lack of valuable insights for policy-making, reliance on assumptions of price rigidity, and potential oversight of important aspects of the field.

Transcript
Play full episode

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!
App store bannerPlay store banner
Get the app