Forbes contributors publish independent expert analyses and insights. I write about international trade policy. Keynesian economics is the perpetual motion machine of the left. You build a model that ...
Keynesian economists believe that government deficit spending can increase economic activity and help an economy recover from a recession. Classical economists dispute this, focusing their attention ...
Keynesian economics is a macroeconomic theory that advocates for active government intervention to manage economic cycles, particularly during recessions and depressions. Developed by British ...
For British economist Sir John Maynard Keynes, consumption — economic or otherwise — was what made the world go 'round. His ideas about how to... Keynes' Consuming Ideas On Economic Intervention The ...
Harvard Historian Niall Ferguson has apologized for suggesting that John Maynard Keynes’ sexual orientation and lack of children made him indifferent to long-run economic issues. However, leaving the ...
As always the best way to explain anything is with a story - and in this case a true story. Forest fires are a major concern in many parts of the U.S., upsetting lumber companies who saw profits burn ...
Perhaps for comic relief amid a news cycle otherwise full of escalation in Syria, the festering abuses of Guantanamo, and the wake of the Boston bombings, over the weekend pundits swarmed over Niall ...
Most Americans have no idea what the term "Keynesian economics" means, but the truth is that it has been deeply influencing U.S. economic policy for decades. Essentially, it is an economic theory that ...
"The biggest problem is not to let people accept new ideas, but to let them forget the old ones" – John Maynard Keynes. What would Keynes, the influence behind Keynesian economics, think of our ...
John Maynard Keynes (1883-1946) was the greatest economist of the twentieth century. Less well known is that he had a parallel career as a successful investor: fairly successful early in his career, ...
Rep. Alexandria Ocasio-Cortez went on an extended discussion about economics and John Maynard Keynes where she referred to him as “Milton Keynes.” The New York Democrat said that the “famed economist ...