Austro-Keynesianism?

Acceptance of:

[T]he view that financial market psychology is variable . . .  and that market economies are unstable[,] . . . [and] the view that there is not much that government can do about downturns.

Rejection of:

[The] view that the only source of instability in the economy is central bank money-printing[,] . . . [and the] view that deficit spending by the government provides a cure for unemployment.

Tempered by skepticism of:

[T]he monetarist . . . view that a downturn is almost entirely due to a misalignment between the supply of money and nominal wages[,] . . . [and] the “New Keynesian” view that a downturn is almost entirely due to a misalignment between the money supply and aggregate prices.

via EconLog

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