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"Difficulty lies not in the new ideas, but in escaping from the old ones" - John Maynard Keynes

John Maynard Keynes (1883–1946) was a British economist whose ideas transformed the way governments manage their economies. He argued that during economic recessions, when people spend less and businesses struggle, governments should actively intervene by increasing public spending and creating jobs to stimulate economic activity. Unlike classical economists, who believed markets would naturally correct themselves; Keynes believed that government intervention could help resto

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