VoyForums
[ Show ]
Support VoyForums
[ Shrink ]
VoyForums Announcement: Programming and providing support for this service has been a labor of love since 1997. We are one of the few services online who values our users' privacy, and have never sold your information. We have even fought hard to defend your privacy in legal cases; however, we've done it with almost no financial support -- paying out of pocket to continue providing the service. Due to the issues imposed on us by advertisers, we also stopped hosting most ads on the forums many years ago. We hope you appreciate our efforts.

Show your support by donating any amount. (Note: We are still technically a for-profit company, so your contribution is not tax-deductible.) PayPal Acct: Feedback:

Donate to VoyForums (PayPal):

21/04/26 23:12:26Login ] [ Contact Forum Admin ] [ Main index ] [ Post a new message ] [ Search | Check update time | Archives: 123456789[10] ]
Subject: Stimulus worked.


Author:
Keynes
[ Next Thread | Previous Thread | Next Message | Previous Message ]
Date Posted: 13/10/10 20:01:01
In reply to: Stimulated but unemployed in the USA=Updated 6 hours 45 minutes agoWhile US unemployment remains stuck at 9.6 per cent 's message, "American corporate profits bounced back from the 2008 collapse." on 13/10/10 19:58:47

In this sense, stimulus worked exactly as Keynes' General Theory says it should - with the public sector (directly and through households) propping up demand for goods and services in place of flagging private demand.

[ Next Thread | Previous Thread | Next Message | Previous Message ]

Replies:
Subject Author Date
John Maynard Keynes, 1st Baron Keynes, CB (pronounced /ˈkeɪnz/; 5 June 1883 – 21 April 1946)British economist whose ideas have profoundly affected the theory and practice of modern macroeconomics13/10/10 20:02:44


Post a message:
This forum requires an account to post.
[ Create Account ]
[ Login ]
[ Contact Forum Admin ]


Forum timezone: GMT-8
VF Version: 3.00b, ConfDB:
Before posting please read our privacy policy.
VoyForums(tm) is a Free Service from Voyager Info-Systems.
Copyright © 1998-2019 Voyager Info-Systems. All Rights Reserved.