Background Pony #2B17
Keynesians, in a nutshell, are proponents of the notion that free market doesn't necessarily lead to the economic optimum, and that its failings need to be solved through government intervention. As such, they're partisans of a strong public sector and increased government spendings to boost the economy.
They're named after economist John Maynard Keynes, who was the inspiration for Roosevelt's New Deal in the 30s.
They're named after economist John Maynard Keynes, who was the inspiration for Roosevelt's New Deal in the 30s.