He argued that government should lower interest rates and taxes to encourage investment and increase spending on public projects to stimulate demand for goods and create jobs.
theories on economics that have been accepted by many capitalist governments around the world. Keynes was in the top 100 of the most inflential people of the 20th Century. Born 1883 died 1946
he believed that deficit spending in recessions or depressions would stimulate the nation's economy.. in other words, he realized that the government has to spend money to help save the economy