Question

Which economic theorist would support government intervention in the economy?

Answer 1

Answer:

The theories of John Maynard Keynes, known as Keynesian economics, center around the tenet that governments should play an active role in their countries' economics

Answer 2

Keynes argued that governments should solve problems in the short run rather than wait for market forces to fix things over the long run, because, as he wrote, “In the long run, we are all dead.” This does not mean that Keynesians advocate adjusting policies every few months to keep the economy at full employment.