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Keynesian Economics Explained in 60 Seconds

Keynesian Economics proposes a path out of economic recessions: government spending to 'prime the pump'. Keynes believed that stimulating demand during tough times will lead to economic improvement as people will have jobs and money to spend in the economy. And of course, subscribe so you don't miss any new videos!:    / @korczyksclass   Sources: Noesgaard, D., Yoshida, D., Colless, R., Phui, L., & Fielding, J. (2010). Understandings of ideologies. Don Mills, ON: Oxford University Press. Image Sources: Coronavirus stimulus update, CBNC, https://www.cnbc.com/2021/02/26/coron...