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ECONOMIC THEORISTS
Throughout history, there have been many economists, who have contributed greatly to economic theories. Among them are Adam Smith, John Maynard Keynes, and Jean Baptiste Say. also known as the Father of Capitalism. I will briefly discuss each person, and how their theories contributed to economics.
John Keynes was an English economist whose ideas greatly impacted modern economics as well as any government fiscal policies. Keynes was one of the greatest and most influential economists of the 20th century. For this reason, he is known as "the father of modern economics (Keynesian theory)." His popular expression "In the long run we are all dead" is still quoted today (wikipedia). Keynesianism was named for John Keynes. Keynesianism is an economic theory that promotes a mixed economy, where both the state and the private sector play an important role.
When the Great Depression hit, it fell on economists to explain it and devise a cure. Most......
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Title: Economist Theorists
Approximate Word Count: 623
Approximate Pages: 3 (250 words per double-spaced page)
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