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Keynesian Economics
The theory that government spending should increase during business slumps and be curbed during booms.
limitation of keynesian theory??
Which President is linked to the trickle down theory of economic
That the government oversee and regulate the balance of the economy.
G. R. Steele has written: 'Keynes and Hayek' 'Monetarism and the demise of Keynesian economics' -- subject(s): Chicago school of economics, Classical school of economics, Keynesian economics, Quantity theory of money
Keynesian Economics
Robert Lekachman has written: 'The age of Keynes / Robert Lekachman' -- subject(s): Keynesian economics 'Greed is not enough' -- subject(s): Economic policy, Supply-side economics, United States 'Keynes and the classics' -- subject(s): Keynesian economics 'The age of Keynes' -- subject(s): Keynesian economics 'Inflation: the permanent problem of boom and bust' -- subject(s): Economic conditions, Inflation (Finance) 'The great tax debate' -- subject(s): Taxation 'Economists at Bay' 'Keynes' general theory' -- subject(s): Keynesian economics, Keynesianisme
limitation of keynesian theory??
The theory that government spending should increase during business slumps and be curbed during booms.
Keynesian is an economics term that refers to advocated government monetary and fiscal programs intended to stimulate business activity and increase employment.
Peter G. McGregor has written: 'Finance constraints, Keynes' Finance Motive for liquidity and monetary theory' 'An introduction to the Keynesian-Monetarist debate in an open-economy context' -- subject(s): Prices, Chicago school of economics, Wages, Keynesian economics
Which President is linked to the trickle down theory of economic
"The late John Garwood, who taught economics at Fort Hays Kansas State College, was an adherent to the Keynesian Theory of economics,...."~The Topeka Capital Journal, February 19, 2009
During the 80's the massive tax cuts in the U.S lead to a rise in interest rate and have no effect on private savings as opposed to what the neo classical economics have predicted.
supply-side economics.
Lavoiser rejected the phlogiston theory!