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Episode Synopsis "Episode 4: Post Keynsian"
In this week's episode, Ema and Julia discuss Post Keynsian economics with special guest Josh Clemson, a fellow Oberlin College economics major. Post Keynsian is similar to the original Keynsian economics that emerged following the great depression, in that it highly encourages government spending and discourages high interest rates. However, Post-Keynsianism is unique in its founding of 'macroeconomics', which is an economic term for studying the aggregated economy, and its rejection of many of the norms of neoclassical economics, like equilibrium our old friend, Homo-economicus.
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