To Keynesian economists unemployment insurance programs act as an automatic stabilizer.

You'd think a good Keynesian economist would know that.

A small group of Keynesian economists already had this in mind.

The major school of economic thoughts which are the classical and Keynesian economists use the following components:

By the 1980s new Keynesian economists became dissatisfied with these early nominal wage contract models.

This was a move widely applauded by the public and a number of Keynesian economists.

Surely a truly Keynesian economist would have written at least one warning in seven years?

Exposed was the extent of pain for no gain, exactly as Keynesian economists predicted, a textbook case.

Keynesian economists called on governments during times of economic crisis to pick up the slack by increasing government spending and/or cutting taxes.

Keynesian economists on the other hand see the lack of demand for jobs as potentially resolvable by government intervention.