Economic Policy

Economic Policy Economic Policy in bracing U.S. History In the highly materialistic world that we give birth in, success is generally calculated in financial terms. The equivalent is true in politics, where the success of a politician, especially the President, is measured by how well the economy did during his term in office. It is specifically measured by how well they bring down unemployment, bring out the economy and skin inflation. Two basic modes of thought on the subject have pervaded public policy since World fight II: supply-side and demand-side economics.

Demand-side economics is ge nerally known as Keynesianism, named subsequently the English economist John Maynard Keynes. He believed that governments should force contact rates down by printing funds and bear it from the central bank at a discount. This would put more(prenominal) money in viewrs\\\\\\ hands and encourage them to spend and consume more, thusly creating an incentive for investment. This helped to solve some of the problems, but in the ...If you deficiency to get a full essay, order it on our website: OrderCustomPaper.com

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