Keynesian economists believe that government deficit spending can increase economic activity and help an economy recover from a recession. Classical economists dispute this, focusing their attention ...

Keynesian economics is back. Government spending to stimulate the economy is all the rage and has won the day in Congress. Of course, conservatives are uneasy. “It’s hardly a secret that Obama is a ...

The Keynesian view that the government can fine tune the economy through “appropriate” fiscal and monetary policies to maintain continuous growth at or near full employment is based on the idea that ...

I am generally against the basic Keynesian policy of expanding government expenditure in times of economic hardship. By this I don't mean the automatic stabilisers in the economy: when more people are ...

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

The Keynesian policy of trying to increase total i.e. “aggregate” demand – either by having government spend, or by cutting taxes just to leave more money in people’s pockets in hopes that they’ll ...

What was the relation between state and society during the “Keynesian” period? What distinguished US Keynesian planning was its concern with the reproductive sector. This was because US capital did ...

Harvard Historian Niall Ferguson has apologized for suggesting that John Maynard Keynes’ sexual orientation and lack of children made him indifferent to long-run economic issues. However, leaving the ...

If the Fed's inflation target was fully credible, fiscal stimulus would be fully offset by the expectations of a tightening of monetary policy to "neutralize" the impact on aggregate demand from ...

Last August I asked a question: "What if Keynesian stimulus works, but no one can ever actually afford to do it, short of something like World War II, where the government can tap into a patriotic ...