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
Excellent communication. Prompt service. Quality product.
my friend loves funky monkey mug
Great idea to be able to offer this quality mug. I wish it would have come with the full text including examples listed on Urban Dictionary but I do love the mug. Just bought my 2nd one. Packaging is duarable and perfect for rough transit.
¡Soy profesora de español y lo voy a usar en mi clase en la universidad!
I wish the text on the back wasn’t so small—if I had to order it over again I would’ve inquired as to whether the words could be enlarged so it filled up more of the “white space” on the back
You guys are fantastic! Will continue to do business with you. Thank you so very much.
Now I have a UD mug! Good quality, nice printing, great definition!
Your company did an excellent job with our order. The beautiful mug with our son's word and definitions arrived in perfect shape, thanks to your outstanding box design! I have never seen a box so cleverly made. I cannot bring myself to recycle it;). The mug will be enjoyed for years to come. Many Thanks, Deborah Crosley Holland and Michael Holland
Got this mug for my daughter and she was taken a back. I explained to her why it was funny, but she didn't seem to understand. Its been a few days since my daughter has talked to me. I'm positive she loves it! I'm hoping to hear from her soon :)
Arrived before my daughter’s birthday, which was good. Not chipped or cracked, so that was good, too. Ichabod Crane looked good on the ferra color.
Looks great. Made a cool gift. Quick shipping!
It holds liquid, very good
I use it to catch my cum
the mug is really durable, my parents beat me with it and it doesnt break
Love this mug, I like to use it to defecate in which I then feed to my family. 5 stars.
Quick shipping and awesome hysterical product!
I fucked with it for months before i finally ate it.
Great mug! Got a homo mug for a friend's birthday and he adored it. :)
love it
THINGS ARE GETTING A LITTLE WILD AT CAILLOU'S HOUSE!
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