Keynesian economics gets its name, theories, and principles from British economist John Maynard Keynes (1883â1946), who is regarded as the founder of modern macroeconomics. His most famous work, The General Theory of Employment, Interest and Money, was published in 1936.herefore, Keynesian economics supports a mixed economy guided mainly by the private sector but partly operated by the government. â¢ Prices, and especially wages, respond slowly to changes in supply and demand, resulting in periodic shortages and surpluses, especially of labor.
hello | definition: an expression of greeting | synonyms: how-do-you-do, howdy, greeting, hullo, hi, salutation
This woman greets you with a smile and a handshake. verb. Greet is defined as to meet or acknowledge, or to welcome and show friendliness. An example of greet is to acknowledge something; to greet the day with a smile. An example of greet is to stand at a catering hall door and say hello to guests as they arrive. greet. greet.