Wednesday, March 30, 2011

What is Keynesian Economics?

What Does Keynesian Economics Mean?

Investopedia explains Keynesian Economics
A supporter of Keynesian economics believes it is the government's job to smooth out the bumps in business cycles. Intervention would come in the form of government spending and tax breaks in order to stimulate the economy, and government spending cuts and tax hikes in good times, in order to curb inflation.

Library of Economics and Liberty

Spotlight on Keynesian Economics

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