At the heart of the Keynesian economy is the use of fiscal policies (government spending and taxes) as a means to control the economy. This idea was adopted by one of the most important intellectuals of the 20th century who is named, John Maynard Keynes. Keynes's ideas gave form to Modern World Economy. Keynes is still respected and followed.
...
Profile
Popular Posts
-
As a source of social surplus: Interclass circulation of ''Soil and Surplus'' Quesnay, a medical doctor, in T... -
From past to present, from the beginning to the end of the 18th century and 19th century, perspectives of economic and social transformation...
Featured post
Proletarians
Proletarians, who are pushed into despair, will grab the torch by doing what Stephens advised them; A feeling of revenge will come out, com...
Most Popular
-
As a source of social surplus: Interclass circulation of ''Soil and Surplus'' Quesnay, a medical doctor, in T... -
From past to present, from the beginning to the end of the 18th century and 19th century, perspectives of economic and social transformation...
-
US President Bill Clinton's election campaign manager James Carville says "In the past, I thought that if there is reincarnation we...
