"Much time was wasted and ink spilled in the late 1960s and early 1970s trying to interpret the lagged effect of price…"

"Since the late 1960s macroeconomic debates in the United States have centered on the competing interpretations of the…"

"The postwar era has not surprised Arthur Burns, for business cycles have continued their "unceasing round." although …"

"But business cycles as a subject for study have enjoyed a revival for at least a decade now, stimulated in part by th…"

"During the relatively brief period in the late 1960s when economists were pondering the possible obsolescence of busi…"

"The original Lucas version of the new-classical macroeconomics combined the undeniable appeal of rational expectation…"

"Part of the downfall came early and on theoretical grounds, with the realization that real-world information lags for…"

"New-classical economics has been undeniably influential, but not in the way that its three prominent creators origina…"

"The century of revolution in the United States after the Civil War was economic, not political, freeing households fr…"

"This theme of mismeasurement interacts with the designation of the one hundred years between 1870 and 1970 as the “sp…"