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 ...

Due to his contributions to modern economic theory, Keynes was made a member of the House of Lords in 1942, accepting the title of Baron Keynes of Tilton. He died of a heart attack on April 21 ...

Keynesian economics comes from economist John Maynard Keynes, author of the 1936 book "The General Theory of Employment ... supply are keys to ensuring social progress and civil liberty.

The relationship between government and the market has long been a source of debate in economic theory. The divergent views of economists Friedrich Hayek and John Maynard Keynes have shaped much ...

Economics, as both a science and a social discipline, has been shaped by centuries of intellectual debate, evolving paradigms, and contrasting ideologies .

He is known for his criticism of the prevailing economic theories of the 20th century ... distinguished Keynesian, a father of development economics, and a great figure of Swedish socialism.