Research Mentor(s): Robert Manduca, Assistant Professor
Research Mentor School/College/Department: Sociology, College of Literature, Science, and the Arts
Presentation Date: Thursday, April 22, 2021
Session: Session 5 (3pm-3:50pm)
Breakout Room: Room 3
At a time defined by the collapse of longstanding capitalistic systems and institutions, Keynesian economic thought began its ascent to prominence in what would kick off an era of unprecedented growth and prosperity. John Maynard Keynes revolutionized the field of macroeconomics with the publication of his general theory in 1936, yet he was hardly the only economist contributing to the profession’s shift away from traditional neoclassical ideas. Throughout the mid-20th century, Keynesianism grew intertwined with American political institutions and common economic thought, yet a changing political landscape and an adverse economic climate halted Keynesian advances shy of their full potential. As we enter a new period defined by bold proposals to combat economic injustice, an unprecedented climate crisis, and the ever-looming threat of financial crisis, Keynesianism is once again taking center stage, and it is the goal of the RGK project to rekindle this living tradition of American political economy for a prosperous 21st century.
Authors: Jackson Overpeck
Research Method: Qualitative Study