New Keynesian economics developed partly in response to new classical economics. It strives to provide microeconomic foundations to Keynesian economics by showing how imperfect markets can justify demand management.
... The racial makeup of the town is 94.37% White, 1.11% African American, 0.18% Native American, 1.74% Asian, 0.01% Pacific Islander, 1.21% from other races, and 1.38% ...