Keynesian School: Difference between revisions

[[File:Socdem.png]] [[Social Democracy]]<br>}}'''Keynesianism''' is an economically centrist ideology, whose general economic theory was pretty popular back in the day and still is in most of the western countries and [[File:Cball-Japan.png]] Japan. He believes that the state should [[File:Regulationism.png]] [[Regulationism|intervene]] in the economy to level out the economic cycle so businesses can make long-term investments and allow for long-run growth. He plans to do this by lowering taxes, lowering interest rates, and increasing spending when the economy busts, but also by cutting spending, raising interest rates, and raising taxes during economic booms.