Learn how the marginal propensity to save (MPS) impacts economic decisions and calculations. Discover its role in Keynesian economics and how to calculate MPS effectively.
There is a small war going on between liberal and conservative economists about whether government stimulus packages increase or do not materially affect basic levels of economic activity. Liberals ...
This week “The Economist explains” is given over to economics. For each of six days until Saturday this blog will publish a short explainer on a seminal idea. WHEN Barack Obama sought to boost America ...
According to Keynesian economic theory, many recessions have little or nothing to do with underlying structural economic problems. Instead, the theory holds, recessions are the result of a crisis in ...
This week “The Economist explains” is given over to economics. For each of six days until Saturday this blog will publish a short explainer on a seminal idea. WHEN Barack Obama sought to boost America ...
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