Yahoo Answers is shutting down on May 4th, 2021 (Eastern Time) and the Yahoo Answers website is now in read-only mode. There will be no changes to other Yahoo properties or services, or your Yahoo account. You can find more information about the Yahoo Answers shutdown and how to download your data on this help page.

?
Lv 7
? asked in Social ScienceEconomics · 3 months ago

What is your opinion on Keynesian economic theories?

5 Answers

Relevance
  • 3 months ago
    Favorite Answer

    They eventually come back to bite you in the butt. 

  • 3 months ago

    That they don't take environmental considerations into account but besides that they're basically sound.  They were just unlucky enough to have been prevalent when the rich decided to scupper the move towards equality.

  • Anonymous
    3 months ago

    They are based on the assumption that people don't spend money they don't have.

    That says a lot about "classical" economists

  • Oiy
    Lv 7
    3 months ago

    It was an evolution, and it can last to the longer run even when we are all dead already. My admiration goes to the Neo Keynesian model as well. I know that Prof Richard Wolf cannot agree with me. But cooperative economics is almost dead, even in the father land like Germany.

  • 3 months ago

    You can be first to open a place on the moon.

Still have questions? Get your answers by asking now.