Keynesian economics came at a time when the world was experiencing the Great Depression. His book The General Theory of Employment, Interest and Money, published in 1936, used the fluctuations of ...

This puts the task of increasing output on the shoulders of the government. According to Keynesian economics, state intervention is necessary to moderate the booms and busts in economic activity, ...

Keynesian economics comes from economist John Maynard Keynes, author of the 1936 book "The General Theory of Employment, Interest and Money." Keynes believed the government could manage demand to ...

TITLE:\xa0 Monetary Economics in Emerging and Developing CountriesAUTHORS: Joshua Yindenaba Abor, Peter Quartey, Joseph G. Nellis and Lakshmy SubramanianREVIEWER: Ernest Aryeetey ,Emeritus Professor ...

Keynesian economists justify government intervention through public policies that aim to achieve full employment and price stability. In The Economic Consequences of the Peace in 1919, Keynes ...