Keynesian theory

Turning to Keynes economic theory, we find an economist known as John Maynard Keynes who is Irish as the main man behind this theory. This theory brings on board the foundation of less than chock-a-block employment as well as the government factor which comes in handy with guiding principles to even out the financial system at symmetry at or in close proximity to chock-a-block employment by means of up to standard anticipated inflation. To impede Classical economists from locking in on the subject of the long run, he come up with this quote "Long run is a misleading guide to current affairs. In the long run we are all dead." One of the issues that this theory has brought out clearly is the important role of government in steadying out financial sequence wallops, among the items it stressed on are; tax breaks, government expenditure as well as hikes...
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