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

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 ...

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

That President Trump’s economic policies are spurring economic growth would come as no surprise to any follower of the great economist John Maynard Keynes. Keynes famously argued that governments ...

This three part series will look into detail at how decades of Keynesian based economics have led us to the current economic crisis. I will also be identifying what the future consequences of ...

Discover how fiscal neutrality affects budget, demand, and economic actions without altering government deficits or surpluses. Gain insights with real-world examples.

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 ...