Keynesian economics advocates for government spending during recessions to stimulate demand
Image: ChristophRoser. Please credit "Christoph Roser at AllAboutLean.com"., CC BY-SA 4.0, via Wikimedia Commons
Keynesian economics advocates for government spending during recessions to stimulate demand
The Road to Serfdom
Friedrich Hayek warns of tyranny from central economic planning in The Road to Serfdom
Economics
Keynesian economics emphasizes aggregate demand as a driver of employment
Universal Turing machine
Alan Turing introduced the Turing machine in 1936
The Structure of Scientific Revolutions
Thomas Kuhn introduced 'paradigm shift' in 1962
Keynesian economics
$1 of government spending generates more than $1 of GDP
Norman Borlaug
Norman Borlaug's work saved over a billion people from starvation
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