Monetarist Counter-Revolution Shakes Up Macroeconomic Theories
The article compares different economic theories after World War II, focusing on how they view the economy. It discusses ideas from economists like Friedman and Keynes, and how they influence modern economic thinking. The researchers analyze how people's expectations affect the economy and look at different ways to understand how markets work. Overall, the article looks at how different economic theories have shaped our understanding of how the economy functions.