An Ode To Virtue Ethics

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On a call of traditional institutionalism representatives of the theory (main current of modern economic science) expansion of the sphere of neoinstitutional researches. The neoinstitutionalism relies on traditions of the Austrian school to the analysis of social institutes. Thus institutes from a position of methodological individualism. The theory of the property rights, the theory of a public choice, etc. belong to this.

The name of J. M. Keynes was repeatedly mentioned at an of these or those parties of a macroeconomic. In this temy the Keynesian theory will be a in general as a conceptual basis of intervention of the state to economic life of society.

As we noted above, in Keynesian model of regulation function of a stimulator of real production was allocated for increase in a monetary. Growth of weight promotes decrease of percent, investments, production and employment.