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:
He suggested the government should spend their way out of Depression, put money into investment which allows people to have jobs again.