My favorite cartoon on Keynesian economics also is worth sharing. But you’ll probably learn just as much and be more entertained by this video from the Atlas Economic Research Foundation.

Which perhaps explains why Keynesian economics has a long track record of failure. It didn't work for Hoover and Roosevelt in the 1930s. It didn't work for Nixon, Ford, and Carter in the 1970s.

Keynesian economics is synonymous with the terminology of demand-side economics. Keynesian economists believe that the economy is best controlled by manipulating the demand for goods and services.

Keynesian Economics. Updated on: April 16, 2009 / 5:37 PM EDT / MoneyWatch Will the stimulus save us? Ever since President Obama signed the gargantuan stimulus bill into law, that's been the $ ...

The Cartoon Introduction to Economics: Vol. Two: Macroeconomics Grady Klein and Yoram Bauman. Hill and Wang, $17.95 paper (228p) ISBN 978-0-8090-3361-4 ...

Under Republican presidents, at least until this year, this policy was usually called "supply-side economics"—Reagan was a great practitioner of it, as was George W. Bush in 2001–04.

However, New Keynesian economics maintains that rational expectations become distorted as market failure arises from asymmetric information and imperfect competition.As economic agents can’t ...

Similarly, macroeconomists Robert Lucas and Tom Sargent wrote a seminal paper, published in 1978, entitled After Keynesian Economics, decrying the stagflation of the 1970’s as incompatible with ...

Keynesian economics is a theory that government intervention is needed to stimulate demand and stabilize the economy, particularly during recessions. S&P 500 +---% | Stock ...