|
gptkbp:instanceOf
|
gptkb:economic_policy
|
|
gptkbp:advocatesFor
|
gptkb:economic_policy
gptkb:public_policy
public spending
|
|
gptkbp:aimsTo
|
reduce unemployment
stabilize the economy
|
|
gptkbp:assumes
|
sticky prices
imperfect markets
|
|
gptkbp:basisFor
|
gptkb:IS-LM_model
gptkb:New_Keynesian_economics
gptkb:Phillips_curve
Post-Keynesian economics
|
|
gptkbp:contrastsWith
|
classical economics
monetarism
|
|
gptkbp:criticizedFor
|
gptkb:Milton_Friedman
gptkb:Austrian_School
crowding out effect
budget deficits
inefficiency of government intervention
potential for inflation
|
|
gptkbp:developedBy
|
gptkb:John_Maynard_Keynes
|
|
gptkbp:emergedIn
|
1930s
|
|
gptkbp:emphasizes
|
short-run economic fluctuations
|
|
gptkbp:focusesOn
|
aggregate demand
|
|
https://www.w3.org/2000/01/rdf-schema#label
|
Keynesian Economics
|
|
gptkbp:influenced
|
gptkb:Bretton_Woods_system
macroeconomic policy
welfare state expansion
full employment policies
countercyclical fiscal policy
|
|
gptkbp:influencedBy
|
gptkb:Great_Depression
gptkb:Keynesian_Revolution
gptkb:The_General_Theory_of_Employment,_Interest_and_Money
gptkb:Keynesian_cross
animal spirits
expectations theory
consumption function
interest rate theory
investment function
aggregate expenditure model
marginal propensity to consume
|
|
gptkbp:popularizedBy
|
gptkb:John_Maynard_Keynes
|
|
gptkbp:relatedTo
|
gptkb:paradox_of_thrift
multiplier effect
demand-side economics
automatic stabilizers
liquidity trap
|
|
gptkbp:usedIn
|
Great Depression response
post-World War II economic policy
|
|
gptkbp:bfsParent
|
gptkb:Neoclassical_Economics
gptkb:New_Keynesian_Economics
|
|
gptkbp:bfsLayer
|
8
|