Case study on keynesian economics

IB Economics: Case study on keynesian economics

This case study can be given to your classes as a class or homework exercise.Out of fashion for the past 30 years, British economist JM Keynes is suddenly the man of the moment as governments try to stave off recession. His key idea? Spend, spend, spend, says economist John Sloman.Rescuing ailing banks is only one half of the solution to the current global economic turmoil. The other is to keep spending buoyant to prevent...

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