Keynes

A detailed Summary of Keynes

Keynesian Economics vs. Supply Side Economics Two controversial economic policies are Keynesian economics and Supply Side

economics. They represent opposite sides of the economic policy spectrum and were introduced at opposite ends of the 20th

century, yet still are the most famous for their effects on the economy of the United States when they were used. The founder of

Keynesian economic theory was John Maynard Keynes. He made many great accomplishments during his time and probably his

greatest was what he did for America in its hour of need. During the 1920's, the U.S. experienced a stock market crash of

enormous proportions which crippled the economy for years. Keynes knew that to recover as soon as poss

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Category: Politics

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