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Oct 6, 2024 · Keynesian economics is a macroeconomic theory of total spending in the economy and its effects on output, employment, and inflation. It was developed by British economist John Maynard Keynes...
Keynesian economics, body of ideas set forth by John Maynard Keynes in his General Theory of Employment, Interest and Money (1935–36) and other works, intended to provide a theoretical basis for government full-employment policies.
Apr 22, 2024 · Learn who John Maynard Keynes was, the founder of Keynesian economics, and what his main ideas and criticisms are. Find out how Keynesian economics influenced the New Deal and other policies to stimulate demand and employment.
Sep 20, 2024 · Learn about the life and work of John Maynard Keynes, the English economist who developed Keynesian economics and advocated for full employment. Explore his background, education, career, books, and contributions to the field of economics.
Keynesian economics (/ ˈ k eɪ n z i ə n / KAYN-zee-ən; sometimes Keynesianism, named after British economist John Maynard Keynes) are the various macroeconomic theories and models of how aggregate demand (total spending in the economy) strongly influences economic output and inflation. [1]
Keynesian economics gets its name, theories, and principles from British economist John Maynard Keynes (1883–1946), who is regarded as the founder of modern macroeconomics. His most famous work, The General Theory of Employment, Interest and Money, was published in 1936.
Learn how John Maynard Keynes revolutionized economic thinking with his theory of aggregate demand and its implications for government intervention. Explore the main tenets, policy prescriptions, and evolution of Keynesian economics.
