What was John Maynard Keynes philosophy? | Philosophy

John Maynard Keynes, a prominent figure in economics, proposed a philosophy that emphasized the need for governments to address economic issues in the short term rather than relying on market forces to naturally correct them over time. He famously stated, "In the long run, we are all dead," highlighting the urgency of taking action in the present. However, this does not imply constant policy adjustments, as Keynesians do not advocate for frequent interventions to maintain full employment in the economy.

Thank you for watching!
Subscribe to the channel, comment, like!

#philosophy db88