Keynes
Title: Keynes
Category: /Law & Government/Government & Politics
Details: Words: 505 | Pages: 2 (approximately 235 words/page)
Keynes
Category: /Law & Government/Government & Politics
Details: Words: 505 | Pages: 2 (approximately 235 words/page)
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
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aftermath of the Great Depression, a catastrophe
America will never forget and will never be able to repay Keynes for the economic assistance in recovering from it. The Supply
Side theory was used after a long period of prosperity, and although seeming to continue the practices of the past administration,
was the cause of a fearful recession. The success of those or any economic theory is based on the time at which it is
implemented.