Keynes was a founding father of modern theoretical [[macroeconomics]]. Breaking with the [[Neo-classical Economics|neoclassical]] orthodoxy of his era, Keynes argued that macroeconomic relationships differ from their [[Microeconomics|microeconomic]] counterparts. He went on to advocate government intervention into markets and proposed a demand-driven model for money. His theories formed the basis of what came to be known as [[Keynesian economics]]. | Keynes was a founding father of modern theoretical [[macroeconomics]]. Breaking with the [[Neo-classical Economics|neoclassical]] orthodoxy of his era, Keynes argued that macroeconomic relationships differ from their [[Microeconomics|microeconomic]] counterparts. He went on to advocate government intervention into markets and proposed a demand-driven model for money. His theories formed the basis of what came to be known as [[Keynesian economics]]. |