Keynesian Economics does NOT argue that O Big Government

Last updated: 12/9/2023

Keynesian Economics does NOT argue that O Big Government national treasury and the Big Bank central bank have prevented reoccurrence of a crisis like the Great Depression after WWII a capitalist economy is fundamentally stable and prone to full employment it is the unstable and volatile investment that primarily causes fluctuation in an economy higher minimum wage and generous welfare programs can lead to strong economic growth through their support on aggregate demand