THE SUCCESS OF A MORE KEYNESIAN POLICY?
THE SUCCESS OF A MORE KEYNESIAN POLICY? Kids, I pointed out here on July 27, 2010 that very little was being said about something Keynes emphasized, devoting roughly one sixth of his book to it: Private Investment. I argued here on July 29, 2010 that Keynesian thinking had not yet been applied and that for the future, “The next time there is a recession, look at Keynes to help you understand what’s happening.”
High unemployment rates continued until early 2017, and then a more Keynesian policy was adopted, and unemployment has since declined.