Keynesian orthodoxy claims that the cause of recessions is a decline in so-called aggregate demand. Besides confusing ...

Forbes contributors publish independent expert analyses and insights. Hersh Shefrin analyzes how psychology impacts markets and policy. John Maynard Keynes’ book The General Theory of Interest, ...

The coronavirus is having a profound impact on our economies. Faced with economic downturns, governments have traditionally attempted to spur employment and restore economic health by propping up ...

Increases in credit and debit card spending is fueling aggregate demand and helps explain why the current bout of inflation has not been transitory and will run hot for some time. Exiting 2021, total ...

MUMBAI, May 17 (Reuters) - India’s central bank said on Monday that the second wave of the COVID-19 pandemic in India has had a bigger impact on aggregate demand than on aggregate supply, and it ...

Romania’s central bank (BNR) on November 12 decided to keep the monetary policy rate at 6.5%, in line with the consensus ...