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Q: What is keynesianism and how does it work?
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What is Military Keynesianism?

Military Keynesianism is the position that the government should increase military spending in order to increase economic growth.


What is the economic school of thought that calls for governmental intervention?

Keynesianism


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, bailing out banks, minimum wage laws, etc. Commercial Keynesianism is the idea that the state should use less direct measures to stimulate demand and increase consumption. Commercial Keynesianism uses monetary and fiscal policy to "nudge" and guide the economy. Commercial is less radical than Social. A good way to remember it is social k is a shade closer to socialism than commercial k. Both are Keynesianistic because both ideologies are aimed at stimulating demand Andy Hall


Why did John Maynard Keynes not get the Nobel prize?

Because he's a hack and Keynesianism is pseudo-economics. Learn real economics and you'll laugh at your question.


What view of economics advocates massive public spending during a depression or recession?

I believe that would be Keynesianism. John Maynard believed the government should "prime the economic pump" by creating multiple jobs and public work projects for citizens during times of recession, even if it meant running up the national debt.


What has the author Per Kleppe written?

Per Kleppe has written: 'Norges vei til Europa' -- subject(s): European Economic Community 'Status for Keynesianism' -- subject(s): Keynesian economics


What has the author Lynn Turgeon written?

Lynn Turgeon has written: 'The contrasting economies' -- subject(s): Economic history 'The economics of discrimination' -- subject(s): Economic conditions, African Americans, Bibliography, Employment 'Bastard Keynesianism' -- subject(s): Economic policy, Economic conditions, Keynesian economics


Economy of America?

not good were in a economy crisis


How did African slaves get education?

They got their education by secretly learning it if their master didn't allowed because it was illegal. Sometimes, their masters tought the slave even though it was against the law. By secretly learning it, they could learn it off another slave or steal a book and educate themselves.


How do tosters work?

they just work they just work,work,work


The work you do on a machine is called work?

the work a machine does is the work outputwhat it takes to do the work is the work inputSources;The_work_that_the_simple_machine_does_is_called_the_work


The work that the simple machine does is called the work?

the work a machine does is the work output what it takes to do the work is the work input