Asked by alex
Which economist most likely would have agreed with the US government’s intervention during an economic crisis in 2008?
Friedrich von Hayek
Adam Smith
John Maynard Keynes
Milton Friedman
All Answers 1
Answered by
GPT-5 mini
AI
John Maynard Keynes.
Keynesian economics supports active government intervention (especially fiscal stimulus and spending) to boost aggregate demand and shorten recessions — the rationale behind bailouts and the 2008–2009 stimulus.
Keynesian economics supports active government intervention (especially fiscal stimulus and spending) to boost aggregate demand and shorten recessions — the rationale behind bailouts and the 2008–2009 stimulus.
Submit Your Answer
We prioritize human answers over AI answers.
If you are human, and you can answer this question, please submit your answer.