Results for: Keynesian

How does supply-side economics differ from Keynesian economics?

Supply-side economics focuses on increasing overall supply (goods and services produced) in the long run. This is done by increasing the availability of capital, labor, and t (MORE)

What was the Keynesian theory?

Basically, its the opposite of laissez-faire. it says that the  government should intervene in the depressed economy in order to  jump-start it. the theory behind it is that (MORE)

How would Keynesian economics differ from supply-side economics in attempting to fix an economy with high unemployment?

  a keynesian would spend more money himself (ie, government spending like obama), a supply-side economist would give people money to spend (ie, tax cuts like bush)
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What is Keynesian Transmission Mechanism?

  The Keynesian transmission mechanism is the process whereby changes in the monetary sector (increase or decrease in the interest rate i) have an impact in the real secto (MORE)

What is the difference between social keynesianism and commercial keynesianism?

  Social Keynesianism is the idea that the gov't should stimulate consumption by acting a a regulatory agent in the economy, i.e. regulating monopolies and cartels, bailin (MORE)

What is the Keynesian approach to preventing and solving economic problems in a developed country?

Keynesian economics operates on one principal. Should a country run into economic problems, print money. When additional economic problems arise, rinse and repeat, until the p (MORE)