Keynesian economics is a macroeconomic theory of total spending in the economy and how it affects output, employment, and inflation. It was developed by British economist John Maynard Keynes ...

The main plank of Keynes’s theory, which has come to bear his name, is the assertion that aggregate demand—measured as the sum of spending by households, businesses, and the government—is the most ...

Keynesian economics is a theory whose premise is that aggregate demand is a primary driver of the economy and employment. Keynesian economics is an economic theory, and the basic premise is that ...

Keynesian economics comes from economist John Maynard Keynes, author of the 1936 book "The General Theory of Employment, Interest and Money." Keynes believed the government could manage demand to ...

They say that practical people who consider themselves to be quite exempt from intellectual influence are usually the slaves ...

Geoffrey Howe defied Keynesian orthodoxy by tightening fiscal policy during a recession – and completely changed the ...

Macroeconomics in its modern form is often defined as starting with John Maynard Keynes and his theories about market behavior and governmental policies in the 1930s; several schools of thought ...

In other words, military expenditure is seen by policymakers as a form of Keynesian pump priming. This is a neat argument used by European policymakers desperate to persuade their electorates to ...