Macro: Unit 2.6 -- Classical v. Keynesian Theories

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Information Macro: Unit 2.6 -- Classical v. Keynesian Theories

Title	:	Macro: Unit 2.6 -- Classical v. Keynesian Theories
Lasting	:	13.32
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amazing thank you
Comment from : Zaki Farah Abdillahi

wow
Comment from : Tenin

Oh my goodness thank you so much
Comment from : Fatmata Conteh

you made this so plain and simple thank you! i wish you were my professor lol
Comment from : its_candacegames

I like how describle every detail in a single video You're fun and can teach better than my professor
Comment from : Bri Sa

He summarised a 95 pages chapter for me, thanks 🙏
Comment from : Ideal Jyo

Well that would be impossible to do considering I'm in my late 50s and I'm more interested in investments that could set me up for retirement in my 60s, my goal is at least $2million
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As the economic crisis keep rising one needs to have different streams of income, as well secure a profitable investment for the futuredetailed diversified investment portfolio in the financial markets is needed to survive! Wondering if investors here are familiar with Pamela Kay weaver trading strategies?
Comment from : Verne Copeland

Funny how the definition of recession hasn't changed here
Comment from : Esco

Hi Mr Willis, I didn't just love economics but also your style of teaching
Comment from : Life Is not A Joke

Great video and explanation!
Comment from : Ed Fl

Watching this video in late June 2022 Will America be pulled into a wider war effort to support Ukraine saving us from what appears to the brink of recession? Biden’s Build Back Better Plan should have legs going into 2023 as well and any recession could very well be short lived Thoughts???
Comment from : Loreal L

Watching this video all the way from South Africa University of South Africa 3rd year student Thank you for making me understand Keynes in a simple way
Comment from : Madam President

indeed i will like economics
Comment from : Akenji Fru

thank you so much this really helped me !
Comment from : Froggy

it is very goog and conceptual video liked it
Comment from : Om Kumar

Thanks for the clear explaining 😊
Comment from : M@nsm@r channel

The Classical theory, although based on the laissez-faire principle, does have a role for Government Oversee monetary supply and ensure it is proportionate to growth in output Agree the economy entered the Keynesian range during the depression However, the cause was the failure to increase the monetary supply It resulted in banks and businesses going bust, and concomitant unemployment The Classical Theory would have worked quite well if only the monetary supply had been increased in the period of monetary contraction that brought on the depression In the end, Government did step in, a little too late though, with monetary expansion (the same kind of response that could have been provided earlier)brbrIn essence, the laissez-faire principle works well It was Government action of not increasing the monetary supply that brought on the depression
Comment from : Sid