In contrast, the new Keynesian approach retains the rational expectations assumption, however it assumes a variety of market failures.

Does he really expect us to believe that he does not appreciate the alternative Keynesian approach to recession?

As a result the Keynesian approach to policy-setting may be difficult to carry out successfully.

It believed in a Keynesian approach to the economy, and was also protectionist.

Nor, though, is there any great appetite for adopting a pure - as opposed to pseudo - Keynesian approach.

That said, you are spot on about the Keynesian approach.

However, the implications of the Keynesian approach to the economy were far-reaching.

At crucial moments Churchill swung his weight behind the Keynesian approach.

This government followed a broadly Keynesian approach to economic management.

Rubinomics has never rejected Keynesian approaches to economics, which call for the government to run a deficit in times of recession.