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 Japan. He believes that the state should
intervene in the economy to level out the economic cycle so businesses can make long term investments and allow for long term 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.
History
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Variants
Neo-Keynesianism
Main article:
Neo-Keynesianism
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Post-Keynesianism
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New Keynesianism
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Tenets
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Personality
Keynesianism is the sort of guy who you know you can ask for help on homework, but you can't really remember ever having a proper conversation. He can become a little obsessive when it comes to refining mathematical models to prove his point, and this can make him seem disconnected.
Stylistic Notes
Keynesianism has multiple jokes about him which are displayed in his behaviours:
- He likes to break other people's windows
- Likes to bury money in ditches to dig it up again
- Big Consoomer
- Likes to have gay sex with teenage boys.
How to Draw
![](/images/thumb/Keynes_COA.svg/195px-Keynes_COA.svg.png)
The ball design is based of the Coat of Arms of John Maynard Keynes (Specifically the Escutcheon a.k.a. the Shield)
- Draw a ball.
- Fill it with blue (#105BB0).
- Draw three grey (#B8C1CD) diagonal lines from top left to bottom right.
- Draw two fleur-de-lis symbols in bottom left and top right with the same color.
- Draw the eyes and you're done.
Relationships
Friends
Social Liberalism - He's a good student we tend to agree in civil liberties issue but I would like that he was somemore interventionist .
Paternalistic Conservatism- You listened to my arguments and
his, smart move.
Social Democracy - I justify for him whatever he is doing.
Industrialism - I helped him grow in ww2.
Regulationism - My beloved father.
Frenemies
Hayekism - I see it took a detour down the road to serfdom...
Neoliberalism - I like you depending on your mood, my dear brother.
Protectionism- Protectionism is good but cant you import a bit more things?
Mercantilism - I learned a lot from him but he's a bit too blunt when it comes to violence.
Corporatism- I took many ideas from you but your idea of abolishing democracy is preposterous.
Syndicalism- Stop complaining about wages already go on welfare you lazy good for nothing commies!.
Enemies
Communism - I am not a communist on the contrary my methods are the only way to stop communists!.
Libertarianism - This simpleton doesn't like it when the machine goes BRRRR. And for the last time, I'm not a goddamn socialist just because I like government spending.
Minarchism - The country is in debt and you bought war bonds but I still got payed sucker!
Anarcho-Capitalism - Oh Christ... They're way more retarded than
those dorks.
Fiscal Conservatism - The machine will go BRRRR whether you like it or not!
Austrolibertarianism - Why cut spending after WW2?
Further Information
Literature
- The General Theory of Employment, Interest and Money by John Maynard Keynes
- The Return of Depression Economics and the Crisis of 2008 by Paul Krugman
- The Economic Consequences of the Peace by John Maynard Keynes
- The Price of Peace: Money, Democracy, and the Life of John Maynard Keynes by Zachary D. Carter
- Questia List
Wikipedia
- Military Keynesianism
- Keynes' theory of wages and prices
- Keynesian beauty contest
- Keynesian Revolution
- Category:Keynesian Economics
Videos
- Fear the Boom and Bust: Keynes vs. Hayek - The Original Economics Rap Battle and Fight of the Century: Keynes vs. Hayek - Economics Rap Battle Round Two by Emergent Order
Gallery
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Credit: u/bruno-radical, Source
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Credit: K-Tech, Source
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Credit: K-Tech, Source
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Credit: u/Based_and_Jedpilled, Source
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Credit: bruno-radical
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