ABSTRACT
The article uses Keynes’ ideas to analyze New Keynesian economics, its assumptions and its most important corollaries. It examines the crucial assumption of New Keynesian economics: the stickiness of prices and wages. Concluded this analysis, these Keynesian new-school’s results and methods are criticized. One carries out the conclusion that only conflicts emerge in the relation between Keynes and New Keynesian economists.
KEYWORDS:
New Keynesian economics; Keynes; history of economic thought