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
(a word of kindly greeting, as to one whose arrival gives pleasure): Welcome, stranger! noun. 2. a kindly greeting or reception, as to one whose arrival gives pleasure: to give someone a warm welcome. verb (used with object), welcomed, welcoming. 3. to greet the arrival of (a person, guests, etc.) with pleasure or kindly courtesy.