For the laste 25 years, economic policy and the public´s thinking have been dominated by a conservative economic policy known as neoliberalism.
(...) Two critical tenets of neoliberalism are its theory of income distribution and its theory of aggregate employment determination. (...) In a sense, the American neo-Keynesian position was implicitly a forerunner of today´s neoliberal laber market flexibility agenda.
Lea todo el artículo de divulgación de Thomas Palley aquí