Keynesian Economics in Action: Examining the Impact of Fiscal Policies on the Economy Keynesian economics is an economic theory proposed by British economist John Maynard Keynes during the 20th century. It suggests that in times of economic downturn, governments should actively intervene to stimulate economic activity through fiscal policies. These policies include increasing government spending,… Continue reading Keynesian Economics in Action: Examining the Impact of Fiscal Policies on the Economy