The Course of The Revolution
(Colander & Landreth 1996) argue that there are three components to the Keynesian revolution: a policy revolution, a theoretical (or intellectual) revolution, and a textbook revolution. These are addressed in turn.
Read more about this topic: Keynesian Revolution
Famous quotes containing the words the course, the and/or revolution:
“The naive notion that a mother naturally acquires the complex skills of childrearing simply because she has given birth now seems as absurd to me as enrolling in a nine-month class in composition and imagining that at the end of the course you are now prepared to begin writing War and Peace.”
—Mary Kay Blakely (20th century)
“There is no calm philosophy of life here, such as you might put at the end of the Almanac, to hang over the farmer’s hearth,—how men shall live in these winter, in these summer days. No philosophy, properly speaking, of love, or friendship, or religion, or politics, or education, or nature, or spirit; perhaps a nearer approach to a philosophy of kingship, and of the place of the literary man, than of anything else.”
—Henry David Thoreau (1817–1862)
“It is said that when manners are licentious, a revolution is always near: the virtue of woman being the main girth and bandage of society; because a man will not lay up an estate for children any longer than whilst he believes them to be his own.”
—Ralph Waldo Emerson (1803–1882)