Keynesian economics is a theory whose premise is that aggregate demand is a primary driver of the economy and employment. Keynesian economics is an economic theory, and the basic premise is that ...

British economist John Maynard Keynes spearheaded a revolution in economic thinking that overturned the then-prevailing idea that free markets would automatically provide full employment—that is, that ...

The Great Decisions global topics speaker series and discussion group continues its 2025 season on Friday, March 14, from ...

However, while they may speak the same language, Keynesian and Austrian economists approach the economy from two very different perspectives. Austrian economics comes from the Austrian Empire in ...

Gone are the days when the political right and left could be distinguished by competing theories: free market, monetarist, or Keynesian. Today, economic policy is mostly a grab bag from which ...