Economic Theory Keynesian Economics

  • Federal Reserve Board Chairman Ben Bernanke

    Many say the Fed's easy money policies are enabling congressional intransigence. But it may really be the other way around.

  • Keynes Policies 'Fail Hopelessly': Economist

    Roger Nightingale, economist at RDN Associates, tells CNBC that every country who has ever tried Keyne's policy has failed, including Japan.

  • Harvard historian Niall Ferguson

    Harvard historian Niall Ferguson apologized for "stupid" remarks he made about economist John Maynard Keynes, which evoked a firestorm.

  • Lawrence Summers, Director of President Barack Obama's National Economic Council

    Former U.S. Treasury Secretary, Larry Summers has argued the U.K. faces a lost decade like Japan unless the government changes its economic policies, but economists and experts have told CNBC that the reasons Summers cites are wrong.

  • uncle_sam_money_240.jpg

    Government payouts—including Social Security, Medicare and unemployment—make up more than a third of US wages. “The U.S. economy has become alarmingly dependent on government stimulus,” says one economist.