Talk:Keynesian economics

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Prononuciation of "Keynes"[edit]

How to pronounce "Keynes"? Here's a .wav file: http://www.yourdictionary.com/ahd/k/k0046600.html Can someone edit it nicely into the page? I seem to have difficulties with it. (Anonymous 21th June 2006 at 6:10 AM)

What is the 'Free Institute of Economic Research'?[edit]

This unaccredited institute has been putting articles on subjects like Welfare Economics, European Union, and related. I have tried to find about them online, to no avail. It is a breach of NPOV to use wikipedia for self-promotion and advance of private agendas. —Preceding unsigned comment added by 130.58.194.209 (talkcontribs)

spending and investment[edit]

"If the government increases its spending, then the citizens are encouraged to spend more because more money is in circulation. People will start to invest more, and the economy will climb back up to normal."

that is not even a crude simplification ... it's somewhat wrong

private spending = consumption

private saving = investemt

Definition[edit]

I made a change to the definition recently from "a macroeconomic school based on K" to "the group of macroeconomic schools based on K". I did this because of the name--Keynesian economics, as in Keynes. Any macroeconomic school of thought based on his stuff should be called "Keynesian" and any macroeconomic school of thought called "Keynesian" should be based on his stuff (unless it's based on another Keynes). Historically, "Keynesian economics" has referred to a specific set of theories, but if someone took Keynes' work and offered a different spin on it, it would still be "Keynesian" as long as it borrowed heavily from his work. Furthermore, there are profound doctrinal differences between various sub-schools of Keynesianism, so it would appear that "Keynesian economics" as it is commonly understood (as a group of macroeconomic ideas based on Keynes as opposed to any group of macroeconomic ideas based on Keynes) is already a group of schools and not one school. Byelf2007 (talk) 24 April 2012