Pushing on a String: The Resurgence of Keynesian Economics

As a public policy think tank dedicated to studying issues that resonate internationally, France Stratégie publishes regularly in English on the labour market, the digital economy, sustainable development, economics and social affairs.Keynesian economics, which had its genesis in the Great Depression of the 1930s, holds that high inflation is not possible when unemployment itself is high. The famous Phillips curve seemed to confirm this in 1958.

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