Keynesian economics is the economic theories of John Maynard Keynes. The theory describes the effect of total spending in the economy, called "aggregate demand," on output factors such as unemployment and inflation. Keyn... More » History Modern History

The principle difference between Keynesian and classical economics is the role of government espoused in each. Keynesians advocate for increased governmental involvement in the economy, while classicists believe that the... More » Business & Finance Business Resources

According to the University of Rhode Island's Economic Department, the classical theory of income and employment is supply-side economics. As the overwhelming view before Keynesian economics, it suggests that in times of... More » World View Social Sciences Economics
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Economist John Maynard Keynes made many contributions to the field of macroeconomics including his inflation theory, stance against Say's Law, unemployment thoughts, borrowing during the recession theory, belief in gover... More » World View Social Sciences Economics

Real conspiracy theories include the CIA attempts to overthrow and assassinate Castro and the Watergate conspiracy. Rumors of CIA involvement in unsavory activities such as causing political unrest in Cuba and attempts t... More » History Modern History

While Einstein's theories and efforts contributed indirectly, he was not directly involved in building the world's first nuclear bomb. His theory, E=mc2, helps illustrate the energy released in an atomic reaction, but he... More » History Modern History

Some key events in the life of St. Francis of Assisi include his abandonment of his materialistic, luxurious life when he claimed to hear a voice from God, his work to rebuild the reputation of the Christian church aroun... More » History Modern History