IN PRACTICE: GLOBAL SUCCESS STORIES
05.02
.08
Key Concepts and
Thinkers
A more detailed look at some essential concepts that are not widely
understood: the nature of the antagonism between protectionism and
free trade; Keynes' contribution to managing the world's economy and
more recent approaches; Alan Greenspan's role in the US economy;
how productivity growth seems to be declining in the developed
world but it is hard to measure and involves many trade-offs; growth
in the future Paul Romer's view.
» Glossary
» Protectionism versus free trade
» John Maynard Keynes (18831946)
» Monetarism and Milton Friedman
» Supply-side economics
» Alan Greenspan
» The productivity problem and growth
» Paul Romer: new growth theory.