new economics

What Is John Maynard Keynes Best Known For?

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What Is John Maynard Keynes Best Known For? John Maynard Keynes is best known as the founder of Keynesian economics What was Keynes most important idea? The main plank of Keynes’s theory, which has come to bear his name, is the assertion that aggregate demand—measured as the sum of spending by households, businesses, and the

Is JM Keynes Father Of Modern Economics?

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Is JM Keynes Father Of Modern Economics? John Maynard Keynes was an early 20th-century British economist, known as the father of Keynesian economics. … In his seminal 1936 work, The General Theory of Employment, Interest, and Money, Keynes became an outspoken proponent of full employment and government intervention. Who is the father of modern economics