Economic Policy

Economic Policy Economic Policy in novel U.S. History In the highly materialistic world that we conk in, success is generally mensural in financial terms. The said(prenominal) 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, make the economy and fight 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 generally known as Keynesianism, named aft(prenominal) the English economist John Maynard Keynes. He believed that governments should force lodge in rates down by printing money and contribute it from the central bank at a discount. This would put much money in downrs hands and encourage them to spend and consume more, thus creating an incentive for investment. This helped to solve some of the problems, but in the long r...If you want to get a full essay, baffle it on our website: Ordercustompaper.com

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