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Neoliberalismo, economía keynesiana y la respuesta a la inflación actual

Author

Listed:
  • Stiglitz, Joseph E.

    (Columbia University)

Abstract

The article criticizes the neoliberal policies that are usually applied to solve the various economic crises and problems of recent decades. It argues that such actions are not based on the economic reality, so they are not effective, nor do they focus on the ways in which they negatively affect different social groups—such as unemployment, increased inequality, and housing crises, since they are only conceived as collateral damage. This reflection is based on the economic policies applied to two current phenomena: the crisis caused by the COVID-19 pandemic and inflation, which have highlighted the need for a more active government intervention.

Suggested Citation

  • Stiglitz, Joseph E., 2024. "Neoliberalismo, economía keynesiana y la respuesta a la inflación actual," El Trimestre Económico, Fondo de Cultura Económica, vol. 91(363), pages 707-749, julio-sep.
    • Handle: RePEc:elt:journl:v:91:y:2024:i:363:p:707-749
    DOI: https://doi.org/10.20430/ete.v91i363.2442
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    File URL: https://www.eltrimestreeconomico.com.mx/index.php/te/article/view/2442
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    More about this item

    Keywords

    Criticism of neoliberalism; Keynesianism; inflation; pandemic; economic models; crisis; markets.;
    All these keywords.

    JEL classification:

    • D04 - Microeconomics - - General - - - Microeconomic Policy: Formulation; Implementation; Evaluation
    • E12 - Macroeconomics and Monetary Economics - - General Aggregative Models - - - Keynes; Keynesian; Post-Keynesian; Modern Monetary Theory
    • E13 - Macroeconomics and Monetary Economics - - General Aggregative Models - - - Neoclassical
    • G12 - Financial Economics - - General Financial Markets - - - Asset Pricing; Trading Volume; Bond Interest Rates
    • G14 - Financial Economics - - General Financial Markets - - - Information and Market Efficiency; Event Studies; Insider Trading
    • G17 - Financial Economics - - General Financial Markets - - - Financial Forecasting and Simulation
    • G18 - Financial Economics - - General Financial Markets - - - Government Policy and Regulation
    • H12 - Public Economics - - Structure and Scope of Government - - - Crisis Management

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