The main plank of Keynes’s theory, which has come to bear his name, is the assertion that aggregate demand—measured as the sum of spending by households, businesses, and the government—is the most ...

Keynesian economics is a theory whose premise is that aggregate demand is a primary driver of the economy and employment. Keynesian economics is an economic theory, and the basic premise is that ...

Keynesian economics comes from economist John Maynard Keynes, author of the 1936 book "The General Theory of Employment, Interest and Money." Keynes believed the government could manage demand to ...

Among modern economists, the person who completely revolutionized economic thinking and practice during the Great Depression of 1930s had been John Maynard Keynes whose unconventional ideas contained ...

Although Skidelsky's work is, in his words, "about practical applications, not theory" and "much more about the relationship between politics and economics than previous biographies of Keynes have ...