John Maynard Keynes
- British economist
- Governments should spend their way out of Depression
- Borrow money to be repaid after economy recovers
- Deficit financing (spend money to make money)
- Governments should spend their way out of Depression
- Borrow money to be repaid after economy recovers
- Deficit financing (spend money to make money)
Summary
Keynes suggested the government should spend their way out of Depression, put money into investment which allows people to have jobs again.