Keynesianisme

Keynesianism is an economic theory developed by John Maynard Keynes, emphasizing that government intervention can help stabilize the economy. It suggests that during downturns, increased government spending and lower taxes can boost demand, encouraging businesses to produce more and save jobs. Conversely, during boom periods, reducing spending helps prevent inflation. The core idea is that active fiscal policy can smooth out economic fluctuations, promote full employment, and maintain overall economic stability, especially when private sector demand is insufficient.