Keynes’ and TED’s Xcellent Adventures
Guys your report had better be something very special. From Bill and Ted’s Excellent adventures (1989)
I am going to be part of TEDx at the University of Guelph with the theme Perceiving Past the Paradigm
Since the beginning of the twentieth century, economics has gone through three episodes which are usually referred to as revolutions – the Keynesian revolution, the Monetarist counter-revolution and the rational expectations (or new classical) revolution. There are a couple of ways to perceive past a paradigm. One is to skim over the top of one model in search of another. Essentially start from scratch each time. The other is to look so deeply into the prevailing model that you reach the bottom of it and then make the necessary changes to keep it relevant. I will defend the latter approach.
Tags: Evie Adomait, Perceiving Past the Paradigm, TEDx, TEDxguelphU, University of Guelph