Marc Lavoie

Revista de Economia Política, 30 (2), abril: 189-200.

This essay asks whether we are all becoming Keynesians again. It offers some
thoughts about the impact of the financial crisis on macroeconomic theory and
Keynesian theory, and on post‑Keynesian theory in particular. It is argued that the
crisis does have obvious effects on how Keynesianism is being perceived by decision
makers, and that some effects are also observed on academia. However, there are
forces within the economics profession and the population at large which are resistant
to this second coming of the Keynesian revolution.