John Maynard Keynes proposed in 1936 that governments should spend during recessions, inverting prevailing economic orthodoxy

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

John Maynard Keynes proposed in 1936 that governments should spend during recessions, inverting prevailing economic orthodoxy

Keynesian economics advocates for government spending during recessions to stimulate demand

Related concepts

One email a day: 5 concepts + the 5 stories that matter →

Swipe through 100 ML concepts daily

Open TickerNews