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 ...

Voodoo economics is a derogatory phrase first used during the 1980 presidential primaries by George H.W. Bush, then a candidate, to describe his opponent Ronald Reagan's proposals to reinvigorate ...

What is supply-side economics? Supply-side economics (also called trickle-down economics and Reaganomics) is a macroeconomic theory that focuses on supply-side factors serving as the driving force ...