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Unite 8
BIBLIOGRAPHY:
KEYNESISM
8.1. Genesis of economic dirigisme. John
Keynes and his opera.
8.2. Main features of the Keynes's theoretical
system.
8.3. The theoretical Model of Keynes
8.4. Political economics by John Keynes.
KEYNESIAN THEORY
Keynesian economics is a theory suggested
by John Maynard Keynes in which
government used taxations to stimulate
the economy. This theory is also called
fiscal policies or DEMAND-SIDE
ECONOMICS.
ECONOMICS
Conclusions:
1. Keynes was a proud member of the British
establishment, who, in any future class war, would
willingly move the barricades of the educated
bourgeoisie. The Great Depression was the single
most important event which shaped Keynes ideas.
He realized that in order to save capitalism it had to
be reformed.
2. Keynes offered a range of middle-way proposals
to reform capitalism; in particular, to cure and
prevent serious economic instability both
nationally and globally.