Keynesians
Government spending advocates
Keynesians are economists and policymakers who follow the ideas of John Maynard Keynes, particularly the belief that government spending and intervention can stabilize economic downturns.
During recessions, Keynesians advocate deficit spending to boost demand: Keynesians argued for a larger stimulus package.
The term often appears in contrast to monetarists or free-market advocates.
debate
Economists emphasizing currency supply
- supply-sideProduction-centered economic theory
- laissez-faireNoninterference in commerce
- austerityEnforced economic stringency
- HayekAustrian free-market economist
monetarists
Economists emphasizing currency supply
- supply-sideProduction-centered economic theory
- laissez-faireNoninterference in commerce
- austerityEnforced economic stringency
bailout
Emergency aid preventing bankruptcy
economic philosophy on government intervention
Keynesiansmonetarists
Economists emphasizing currency supply
supply-siders · neoliberals · fiscal conservatives · libertarians · anarcho-capitalists
- Keynesian economicsSpending-driven macroeconomic theory