It is also capable of spawning new economic growth. For example, the construction of a new highway might lead to other investments such as gas stations and retail stores opening to cater to motorists.

Keynesian economics is a theory whose ... book introduced a new way of thinking about economics, in which consumer spending and government intervention could boost economic growth and create ...

Their results show that modeling monetary damages instead of physical measures of environmental quality yields results that ...

Into this unhappy marriage of macro and micro came new growth theory models. One of the reasons the marriage was unhappy was entirely technical and internal to the discipline of economics: couldn't ...

Keynesian economics dominated economic theory and policy after World War II until the 1970s, when many advanced economies suffered both inflation and slow growth, a condition dubbed ... scrutiny with ...

At the heart of endogenous growth theory are people, as they best drive growth through new ideas. As Kugler told World Finance: “Knowledge is the basis of economic growth through the ongoing ...

Included in Trump’s deregulation plan will be permitting reform, to not only unlock the fossil fuel spigots and produce more liquid gold, but also to open the door to pipelines, fracking and drilling ...

Economic theory does regard capital investment as a contributor to economic growth, but there is another essential factor: ...

A Guidebook provides a highly readable 'road map' to the varied contributions of the New Institutional Economics. That eclectic stream of research, principally based on transaction costs, property ...

Most economists who had to describe healthy, stable growth would end up largely describing today’s GDP numbers.