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July 28, 2015
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The famous sentence by John Maynard Keynes, an economic expert who basically suggested, in order to end the financial crisis of the time, that the state should provide more means (money, of course) for the citizens so that they purchase more and get the stagnated economy going again. When he promoted this idea in a conference, some other economists objected to this, pointing out the massive costs in the long run, upon which, Keynes uttered this famous sentence.

Keynesian policies helped many countries in economic crises get over them.
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by hermes 2 years ago
hey
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