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 ...

Forbes contributors publish independent expert analyses and insights. I write about international trade policy. Keynesian economics is the perpetual motion machine of the left. You build a model that ...

Daniel Liberto is a journalist with over 10 years of experience working with publications such as the Financial Times, The Independent, and Investors Chronicle. Robert Kelly is managing director of ...

The two most prominent theories of macroeconomics to emerge during the 20 th century are the Keynesian Theory of Money and the Monetarism Theory. Keynesian thought traces back to the early part of the ...

The income expenditure model of economics was developed by John Maynard Keynes to explain fluctuations in production of goods and services and spending. The model basically states that we produce as ...

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 ...

Keynesian economic theory: John Maynard Keyes theorized that investment capital and the multiplier effect of such investments influence economic growth and income. Kondratieff wave theory: Soviet ...

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 ...

Years of economic turmoil have re-ignited the debate about Keynesianism. As the financial crisis caused mass unemployment, Keynes appeared to have been proven right; Keynesians took over policymaking ...

Download PDF More Formats on IMF eLibrary Order a Print Copy Create Citation In recent years, New Keynesian dynamic stochastic general equilibrium (NK DSGE) models have become increasingly popular in ...

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 ...