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neoclassical synthesis
English Wikipedia - The Free Encyclopedia
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Neoclassical synthesis
Neoclassical synthesis
is a postwar academic movement in
economics
that attempts to absorb the
macroeconomic
thought of
John Maynard Keynes
into the thought of
neoclassical economics
.
Mainstream economics
is largely dominated by the resulting synthesis, being largely Keynesian in macroeconomics and neoclassical in microeconomics.
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