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9 March 2024

  • 20:2420:24, 9 March 2024 diff hist −404 New neoclassical synthesis It's incorrect that the New Neoclassical Synthesis is referred to as New Keynesian Economics. This synthesis originated from a combination of both New Classical Economics AND New Keynesian Economics. Both the New Neoclassical Synthesis (NNS) and New Keynesian Economics (NKE) aim to combine neoclassical and Keynesian ideas in macroeconomics. NNS seeks to merge neoclassical focus on market forces with Keynesian emphasis on aggregate demand, reconciling long-term and short-term perspectives. NKE re Tag: references removed

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