Keynesian economics is a theory that government intervention is needed to stimulate demand and stabilize the economy, ...

Just how important is money? Few would deny that it plays a key role in the economy.­ During the Great Depression of the 1930s, existing economic theory was unable either to explain the causes of the ...

Governments can also reduce unemployment by hiring new government workers or contractors. Keynesian and Austrian economists have vastly different takes on a wide range of economic topics.

Keynesian economics ... fluctuations of economic activity during the Great Depression and inadequate demand as examples to illustrate his thesis. The book introduced a new way of thinking about ...

Governments can also reduce unemployment by hiring new government workers or contractors. Keynesian and Austrian economists have vastly different takes on a wide range of economic topics.