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>Also, Varoufakis is criticizing "macroeconomic models taught at the best universities". Keynesian economics has been taught at universities for nearly 100 year
by crdoconnor 11y ago
>Also, Varoufakis is criticizing "macroeconomic models taught at the best universities". Keynesian economics has been taught at universities for nearly 100 years.
That still doesn't make the models he was actually describing any more Keynesian.
It it taught, although it has fallen out of favor somewhat. The preferred school for teaching these days is neoclassical, which is the school he was criticizing.
Keynesian != Neoclassical
Just in case you didn't get it the other 11 times, he wasn't talking about Keynesian economics.