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Há 18 horas · The phrase "technological unemployment" was popularised by John Maynard Keynes in the 1930s, who said it was "only a temporary phase of maladjustment". The issue of machines displacing human labour has been discussed since at least Aristotle's time.
Há 3 dias · This chapter discusses John Maynard Keynes’s theory of output and employment, his monetary economics, the role of monetary and fiscal policies, his ideas on war finance and international economic architecture, and the idea of reforming capitalism by ending...
Há 1 dia · The most important development in economic thought during the Great Depression was the Keynesian revolution, including the publication in 1936 of The General Theory of Employment, Interest, and Money by John Maynard Keynes.
Há 3 dias · John Maynard Keynes became a well known anti-austerity economist, arguing that "The boom, not the slump, is the right time for austerity at the Treasury." Contemporary Keynesian economists argue that budget deficits are appropriate when an economy is in recession, to reduce unemployment and help spur GDP growth. [18]
27 de mai. de 2024 · Keynes, John Maynard, 1883-1946. How to Pay for the War : A Radical Plan for the Chancellor of the Exchequer. London: Macmillan and Co., Limited, https://fraser.stlouisfed.org/title/6021, accessed on May 27, 2024.
- John Maynard Keynes
- 1940
Há 4 dias · 1. Aggregate Demand as the Driver of Economic Activity: Keynesian economics posits that aggregate demand—the total demand for goods and services within an economy—is the primary driver of economic activity and employment. Keynes argued that insufficient aggregate demand leads to economic downturns, while excessive demand can cause inflation.
Há 3 dias · Keynesian economics and monetarism are effectively opposite theories. John Maynard Keynes created Keynesian economics and promoted government spending in a bid to repair an ailing economy.
