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Keynesian economics |
Also found in: Wikipedia, Hutchinson | 0.01 sec. |
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Keynesian economics An economic theory of British economist, John Maynard Keynes that active government intervention is necessary to ensure economic growth and stability. How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
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Economists learned in the 1970s that Keynesian policies don't work. problem of the UK economy while Keynesian policies ruled. After all, in today's context, the pursuit of Keynesian policies looks even more profitable than the pursuit of market fundamentalism |
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