Keynesian Monetary Central Planning

The Keynesian Monetary Central Planning is inspired by Keynesian economics. An economic theory saying that the government should increase demand to boost growth, it advocated for increased government expenditures and lower taxes to stimulate demand and pull the global economy out of depression. Developed by British economist John Maynard Keynes during the 1930s in an attempt to understand the Great Depression, it urges government spending to maintain full employment, infrastructure, and education to increase consumer demand.