Lance Taylor: Maynard's Revenge

The video discusses the book 'Maynard's Revenge' and explores the influence of Keynesian economics compared to mainstream economic theories. It highlights the role of Keynesian thought in understanding financial crises, emphasizing the importance of income distribution and aggregate demand. The discussion also covers the government's role in economic recovery and the challenges of fiscal policy.

What are the implications of the 'says law' in the context of Keynesian theory?

Discuss the differences between Keynesian economics and mainstream economics as highlighted in the text.

What role did household borrowing play in the financial crisis according to the discussion?

How does the text suggest financial regulation could be restructured to prevent future crises?