| Keynesianism: Keynesianism refers to economic theories developed by John Maynard Keynes, advocating government intervention in the economy through fiscal and monetary policies to stabilize fluctuations, manage demand, and address unemployment during economic downturns. This approach emphasizes boosting demand through public spending and monetary policies to maintain economic stability. See also Government spending, Monetary policy, Demand, Supply, Economy, Fiscal policy, Labour market._____________Annotation: The above characterizations of concepts are neither definitions nor exhausting presentations of problems related to them. Instead, they are intended to give a short introduction to the contributions below. – Lexicon of Arguments. |
