Keynesian
influenced by the economic theory of John M. Keynes (1883-1946); in particular, Keynes' book *The General Theory of Employment, Interest, and Money* (1936). The main point of Keynes' general theory (GT) was that market economies are not usually self-correcting, and occasionally require some sovereign intervention to prevent inflation or depression. One of the policy prescriptions of the GT for curing recessions was to lower interest rates; another, more potent tool, was to deliberately run a fiscal deficit as a strategy for increasing aggregate demand. The GT was too late to have much of an impact on the Great Depression, but it did have a major impact on the economic policies of the Western Democracies from 1946 to the present. During the period 1979 to 2001, Keynesianism was supposedly discredited, but national governments continued to use stimulus packages and monetary policy to resolve recessions. The policy has evolved, but remains the cornerstone of actually existing government behavior. Attacks on Keynesianism: the most famous adversary of the GT was Friedrich von Hayek (1899-1992) of the London School of Economics, who insisted that an authentically free market would be self-correcting if it were only allowed to. Hayek's objections were ideological, but other economists such as John Muth argued that the GT expected people to make irrational, or unreasonable errors. During the late 1970's, Keynesianism was eclipsed by the Rational Expectations Hypothesis; but REH failed to develop satisfactory policy proposals, while Neo-Keynesian economics evolved to address many of the original REH criticisms.
The Urban Dictionary Mug
My order came quickly. Packaged well. Great job.
IT WAS MUG! CAME QUICK & SAID THING. HAVE NOT TASTED YET. NOT SMELL BAD, BUT DISHWASHER NONETHE LESS....
Henceforth, I am unable to leave a negative review for this amazing cup.
Good quality, just as pictured. Very pleased with it!
Having my first cup of coffee in the new cup. Good idea to add new terms through individual contributions.
10/10 Looks exactly like the preview. Shipping was fast.
This is for my granddaughter whom I used to call cutie patootie until she found out another meaning for patootie. Then she didn’t like the name so much! This will be a perfect gift for her! She is 16.
Love the cups :) It reminds us of our sweet momma. I thought everyone knew the word "mommicked" but evidently it is an Eastern North Carolina thing...My sisters and I all married Northerner/ Yankees and they had never heard of the word. Thank you for a tender memory.
Cup came in one piece and looks as nice as it does in the picture! Only note is just be mindful of any typos in the description of the definition, they will show up on the cup too! Other than that, no complaints!
This reminds me of the amazing teams i worked in!
great experience, with fast delivery. Thank you!
my grandma loved it!
My grandma is HOOKED
Based mug
This mug makes me happy :) reminds me of so many funny high school memories!
The mug came quickly and we love it!
These mugs are always good. I usually choose the neon green!
The mug is pretty and the writing on it is clear. It is of good quality and it makes me smile.
Well madder nice print. 8 0z cup. I'd prefer a mug but will be ordering 3 more. Just my cuppa tea (or coffee). Americans always make fun of some of the things I say. Recently my brother and I were talking about the Trawna Maple Leafs. I decided to look it up and sure enough there is was Trawna the city I grew up in. Now who has the last laugh.
I ordered pink but got purple, and the text wasn't very clean, but overall, it is a mug.
Review Details
Pro Customization
Create unique products with your own words and definitions
Live Preview
Personalize Your Design
Debug: Product Metadata
| Key | Value (click to copy) |
|---|---|
Copied! |
Return Policy
Made Just For You
Each product is custom-printed with your unique text, making it truly one-of-a-kind.
Defect-Free Guarantee
If your product arrives with printing defects, damage, or quality issues, we'll send you a free replacement.
Custom Orders
Due to the personalized nature of your order, we don't accept returns for change of mind or sizing issues.
Questions about your order? Contact our support team for assistance.