Discover how Keynesian and Neo-Keynesian economics differ in addressing economic growth and stability through fiscal and monetary policies.

Keynesian economics is the perpetual motion machine of the left. You build a model that assumes government spending is good for the economy and you assume that there are zero costs when the government ...

Explore John R. Hicks' impact on economics, including his Nobel-winning work in general equilibrium and welfare theory, and ...

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

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 ...

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 ...

Most Americans have no idea what the term "Keynesian economics" means, but the truth is that it has been deeply influencing U.S. economic policy for decades. Essentially, it is an economic theory that ...

How many of us still remember John Maynard Keynes? Keynes, also called “1st Baron Keynes,” was a British Economist who lived from 1883 to 1946. He has had a profound influence upon macroeconomics, ...

As always the best way to explain anything is with a story - and in this case a true story. Forest fires are a major concern in many parts of the U.S., upsetting lumber companies who saw profits burn ...

Should the United States adopt an amendment to the Constitution requiring a balanced budget? Keynesian economists say no. They believe that Congress needs the discretion to be able to run deficits in ...

Chancellor Rishi Sunak’s newly unveiled national spending plan is the biggest “Budget giveaway” since 1992, according to the Office for Budget Responsibility (OBR). The Budget 2020 in a nutshell Rishi ...