Importance of economists on improvement in the level of business activity.

An introduction to the central ideas of John Maynard Keynes, which still offer us the best means of escaping from the current economic crisis.

Margaret Thatchers’s election victory in 1979 was the beginning of the end of Keynesian-style economic management throughout the developed world.

John Maynard Keynes’ Consumption Function.

National Income and definitions.

Keynes offered us common-sense economic advice which we are never going to follow because once people get something for (seemingly) free we are not going to give it up.

In my previous article “Was John Maynard Keynes a Socialist?”, I concluded that Keynes was not, as some people claim, a socialist. While most people who contacted me expressed agreement, many others disagreed. I have delved into their objections and here’s some of what I have learned.