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

Ultimately, fiscal policy serves as a critical mechanism for governments to steer economic activity, promote growth, and ...

Forty years ago, the Chakravarty Committee Report first proposed the aim that the Urjit Patel Committee approved in 2014 ...

The IS curve shifts when external factors influence aggregate demand. An increase in government spending or consumer ...

Trump as president has always had an impulsive nature. In Round 2, it's appearing to play a big role in his policy agenda. The Latest Biden says America is better-positioned thanks to his foreign ...

Milton Friedman critiqued the Keynesian framework but consistently resorted to discussion ... market monetarists and others focus on aggregate spending and have adopted a monetary policy prescription ...