To what extent do political beliefs and ideologies influence a person’s preference for one school of macroeconomic thought over another?
It is often the case that two or more economists, observing an identical set of macroeconomic data (national income accounts, inflation, unemployment), arrive at very different explanations of events. How can this be accounted for? Could this occur in a natural science?
There are often conflicts between important macroeconomic objectives. What kind of knowledge criteria should policy makers use to make decisions in favour of pursuing one objective over another?
Using the concepts of natural rate of unemployment and full employment output, how may language affect perceptions about economic events or situations?
In profile: John Maynard Keynes
Born: 1883 Cambridge, UK
Died: 1946 Sussex, UK
Alma mater: Eton College, King's College Cambridge:
Major contributions: too many to list! Seriously. JMK invented modern macroeconomics
Most influential works: The General Theory of Employment, Interest and Money.