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Alvin Hansen and Keynesian economics

Shortcuts: Differences, Similarities, Jaccard Similarity Coefficient, References.

Difference between Alvin Hansen and Keynesian economics

Alvin Hansen vs. Keynesian economics

Alvin Harvey Hansen (August 23, 1887 – June 6, 1975), often referred to as "the American Keynes," was a professor of economics at Harvard, a widely read author on current economic issues, and an influential advisor to the government who helped create the Council of Economic Advisors and the Social Security system. Keynesian economics (sometimes called Keynesianism) are the various macroeconomic theories about how in the short run – and especially during recessions – economic output is strongly influenced by aggregate demand (total demand in the economy).

Similarities between Alvin Hansen and Keynesian economics

Alvin Hansen and Keynesian economics have 18 things in common (in Unionpedia): Business cycle, Deficit spending, Donald Markwell, Franklin D. Roosevelt, Great Depression, Inflation, IS–LM model, James Tobin, John Hicks, John Maynard Keynes, Liquidity preference, Macroeconomics, Mainstream economics, Neo-Keynesian economics, Paul Samuelson, Saving, The General Theory of Employment, Interest and Money, World War II.

Business cycle

The business cycle, also known as the economic cycle or trade cycle, is the downward and upward movement of gross domestic product (GDP) around its long-term growth trend.

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Deficit spending

Deficit spending is the amount by which spending exceeds revenue over a particular period of time, also called simply deficit, or budget deficit; the opposite of budget surplus.

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Donald Markwell

For the Montgomery, Alabama, talk radio personality, see Don Markwell Donald John "Don" Markwell (born 19 April 1959) is an Australian social scientist, who has been described as a "renowned Australian educational reformer".

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Franklin D. Roosevelt

Franklin Delano Roosevelt Sr. (January 30, 1882 – April 12, 1945), often referred to by his initials FDR, was an American statesman and political leader who served as the 32nd President of the United States from 1933 until his death in 1945.

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Great Depression

The Great Depression was a severe worldwide economic depression that took place mostly during the 1930s, beginning in the United States.

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Inflation

In economics, inflation is a sustained increase in price level of goods and services in an economy over a period of time.

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IS–LM model

The IS–LM model, or Hicks–Hansen model, is a macroeconomic tool that shows the relationship between interest rates (ordinate) and assets market (also known as real output in goods and services market plus money market, as abscissa).

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James Tobin

James Tobin (March 5, 1918 – March 11, 2002) was an American economist who served on the Council of Economic Advisers and the Board of Governors of the Federal Reserve System, and taught at Harvard and Yale Universities.

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John Hicks

Sir John Richard Hicks (8 April 1904 – 20 May 1989) was a British economist.

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John Maynard Keynes

John Maynard Keynes, 1st Baron Keynes (5 June 1883 – 21 April 1946), was a British economist whose ideas fundamentally changed the theory and practice of macroeconomics and the economic policies of governments.

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Liquidity preference

In macroeconomic theory, liquidity preference is the demand for money, considered as liquidity.

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Macroeconomics

Macroeconomics (from the Greek prefix makro- meaning "large" and economics) is a branch of economics dealing with the performance, structure, behavior, and decision-making of an economy as a whole.

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Mainstream economics

Mainstream economics may be used to describe the body of knowledge, theories, and models of economics, as taught across universities, that are generally accepted by economists as a basis for discussion.

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Neo-Keynesian economics

Neo-Keynesian economics is a school of macroeconomic thought that was developed in the post-war period from the writings of John Maynard Keynes.

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Paul Samuelson

Paul Anthony Samuelson (15 May 1915 – 13 December 2009) was an American economist and the first American to win the Nobel Memorial Prize in Economic Sciences.

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Saving

Saving is income not spent, or deferred consumption.

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The General Theory of Employment, Interest and Money

The General Theory of Employment, Interest and Money of 1936 is the last and most important book by the English economist John Maynard Keynes.

Alvin Hansen and The General Theory of Employment, Interest and Money · Keynesian economics and The General Theory of Employment, Interest and Money · See more »

World War II

World War II (often abbreviated to WWII or WW2), also known as the Second World War, was a global war that lasted from 1939 to 1945, although conflicts reflecting the ideological clash between what would become the Allied and Axis blocs began earlier.

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The list above answers the following questions

Alvin Hansen and Keynesian economics Comparison

Alvin Hansen has 63 relations, while Keynesian economics has 150. As they have in common 18, the Jaccard index is 8.45% = 18 / (63 + 150).

References

This article shows the relationship between Alvin Hansen and Keynesian economics. To access each article from which the information was extracted, please visit:

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