John Maynard Keynes
- British economist
- Governments should spend their way out of the depression
- Theorist, had no control of whether it was applied
- Borrow money to be repaid after economy recovers
- Deficit financing
- Projects should be of value to the country
- Went against Adam Smith's theories
- USA, japan and Hitler's Germany all use this with success
- Most dangerous threats in WWII
- Without America, would not have defeated Germany
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