Keynesian economics has a Wikipedia page.
That Wikipedia page has a section listing competing schools of economic thought.
There are zero mentions of Austrian Economics on the Keynesian economics page.
Keynesian economics has a Wikipedia page.
That Wikipedia page has a section listing competing schools of economic thought.
There are zero mentions of Austrian Economics on the Keynesian economics page.
That pesky School of Austrian Economics is too much truth for Wikipedia.
I've heard arguments that current economic policies can't even be classified as Keynesian...
Keynesian economics stresses that governments should be the lender of last resort during a downturn/depression, and build reserves during surpluses to fund that lending. That second part has only happened for about two years in the 52 years since Nixon Shock. All we do now is run trillion dollar deficits & create dollars from nothing.