Keynes’ influence has been enormous and there is no shortage of debate over his ideas even 80 years after the publication of The General Theory of Employment, Interest and Money.
economics
Description
This week’s readings introduced you to John Maynard Keynes. Keynes’ influence has been enormous and there is no shortage of debate over his ideas even 80 years after the publication of The General Theory of Employment, Interest and Money.
In this paper you should:
1) Explain the Keynesian rationale for governmental deficit spending;
2) Analyze one historical example of governmental deficit spending as macroeconomic policy; and
3) Explain your view of this policy. Do you think it is wise?
However you choose to respond your paper should total at least 500 words. You should also include at least three sources in your discussion.
