Hitler Was Elected President in a Democratic Election Myth
Hitler came to power in a Democracy as the NAZIs gained seats in the Reichstag, but he was never elected President in a Democratic election.
John Maynard Keynes
John Maynard Keynes is the father of modern macroeconomics, modern social liberal economics, and generally Keynesian economics and it’s various offshoots. Keynesian economics, and it’s offshoots, are the basis of modern economics. The rival school of economics is classical economics which arises from the other father of modern economics Adam Smith. Keynesian economics can be summed up as approving of government intervention in the free-market, the most famous first example of Keynesian economics in action is FDR’s New Deal.
Factoids tagged with "John Maynard Keynes"
Sir Isaac Newton Was an Economist Fact
Sir Isaac Newton is best known for his laws of motion and gravity, but he was also an economist of sorts serving as Britain’s Warden/Master of the Mint (from 1696 until his death in 1727).
America Has a Capitalist Economic System Fact
America’s economic system meets the definition of capitalism, but not pure free market capitalism. America has a mixed-market economy.
Blog Posts tagged with "John Maynard Keynes"
What is Social Liberalism?
Social liberalism is the ideology of collective liberties and rights that favors social welfare and justice. It comes in a political and economic form.
Neoliberalism Explained
Neoliberalism is an economically-minded evolution of classical liberalism focused on deregulation, trade, and the private market. It is a “middle way” or “third way” between liberalism and conservatism.
Understanding Liberalism and Conservatism
We explain liberalism and conservatism, including the different social and classical types of liberalism and conservatism.
The Secret Life of Isaac Newton
Isaac Newton produced many well-known works in math, astronomy, and physics, but he produced about as many unpublished works which dealt with theology, alchemy, and the occult.
The Age of Enlightenment and the Birth of Liberalism
Classical liberalism arose in opposition to state-imposed religion and aristocracy in the 1600 – 1700’s during the Age of Enlightenment in Europe and America.
The Basic Types of Political Parties
On this page, we look at political parties from a historical perspective to better understand the underlying left-right politics all political parties are based on.
What is “the Invisible Hand”?
“The invisible hand” is a term used by Adam Smith to describe the theory that self-interest leads to social and economic benefits in a free-market.