John Maynard who? (part 1)

John Maynard Keynes: 20th century economist and father of the ‘Keynesian’ Theory. What the heck is Keynesian Economics? Simply put, “it is a macroeconomic theory that argues that private sector decisions sometimes lead to inefficient macroeconomic outcomes and therefore advocates active policy responses by the public sector, including monetary policy actions by the central bank … Continue reading John Maynard who? (part 1)

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