Keynesian economics is a macroeconomic theory that advocates for active government intervention to manage economic cycles, particularly during recessions and depressions. Developed by British ...

Keynesian economic theory comes from British economist John Maynard Keynes, and arose from his analysis of the Great Depression in the 1930s. The differences between Keynesian theory and classical ...

Keynesian economics is the false vision of human action which says the way to promote economic recovery and renewed growth is through increased government spending, deficits and debt. If that sounds ...

British economist, John Maynard Keynes (1883-1946) wrote his seminal "The General Theory of Employment, Interest and Money" in 1935. This book has been the cornerstone of economic practice for many ...

Keynesian economics is a theory that government intervention is necessary during downturns. Tax cuts are a tool in Keynesian theory to stimulate economic activity. During recessions, Keynesian ...

The fundamental principles of economics are based on human nature and do not change regardless of how they are interpreted. People behave certain ways on an individual and societal level based on the ...

Forbes contributors publish independent expert analyses and insights. I cover domestic and world economics from a free-market perspective. "Practical men, who believe themselves to be quite exempt ...

That President Trump’s economic policies are spurring economic growth would come as no surprise to any follower of the great economist John Maynard Keynes. Keynes famously argued that governments ...

Just how important is money? Few would deny that it plays a key role in the economy.­ During the Great Depression of the 1930s, existing economic theory was unable either to explain the causes of the ...

During the great depression of the 1930s, existing economic theory was unable either to explain the causes of the severe worldwide economic collapse or to provide an adequate public policy solution to ...

Keynesian economists (of all stripes) want fiscal policy (essentially, government budgets) to increase consumer demand. This thinking has several problems. Keynes argued, however, that money borrowed ...