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What Is Keynesian Economics? Keynesian economics is an economic theory, and the basic premise is that aggregate demand serves as the primary driver of a nation’s economic activity and employment.
"Basic Economics" is a 653-page book, not including the index. One doesn't have to start reading it at the beginning. Near the book's end, there's a section titled "Questions," and it points the ...
The fact that Sowell's "Basic Economics" has been translated into seven different languages speaks well of its usefulness in transmitting fundamental economic understanding.
The basic message of behavioral economics is that humans are hard-wired to make judgment errors and they need a nudge to make decisions that are in their own best interest.
The basic message of behavioral economics is that humans are hard-wired to make judgment errors and they need a nudge to make decisions that are in their own best interest.