"Keynesian economics, which advocates for government intervention during recessions through fiscal policies such as increased public spending and tax cuts to stimulate demand, contrasts sharply with classical theories that emphasize market self-regulation and long-term equilibrium."  @jamesming   @dengfenglai

Mutual praise and mutual understanding must be returned!!!!

Keynesian economics emphasizes government intervention to boost demand during recessions, while classical theories rely on market self-regulation for long-term equilibrium. Interesting debate!