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Modern Economic Theories
Beginning of paper
Two controversial economic policies are Keynesian economics
and Supply Side economics. They represent opposite sides of the
economic policy spectrum and were introduced at opposite ends of the
20th century, yet still are the most famous for their effects on
the economy of the United States when they were used.
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Middle of paper
....ics
supports higher taxes and less government spending to help economy.
Unfortunately, the Supply Side theory was applied in excess during
a period in which it was not completely necessary.
The Supply Side theory, also known as Reganomics, was
initiated during the Regan administration. During the 1970's,.... |
| Word count: 499 |
Page count: 2 |
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