home *** CD-ROM | disk | FTP | other *** search
/ The Epic Interactive Encyclopedia 1998 / Epic Interactive Encyclopedia, The - 1998 Edition (1998)(Epic Marketing).iso / K / Keynesian_economics / INFOTEXT < prev   
Text File  |  1992-09-03  |  258b  |  7 lines

  1. The economic theory of J M Keynes which
  2. argues that a fall in national income, lack
  3. of demand for goods, and rising unemployment
  4. should be countered by increased government
  5. expenditure to stimulate the economy. It is
  6. opposed by monetarists (see monetarism).
  7.