Keynesian economics dominated economic theory and policy after World War II until the 1970s, when many advanced economies suffered both inflation and slow growth, a condition dubbed “stagflation.” ...
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 ... supply are keys to ensuring social progress and civil liberty.
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An in-depth look at John Maynard Keynes' life and economic theories—and how he influenced FDR and Ben BernankeDue 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 ...
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.
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