keynesiano
Keynesian economics, known as keynesiano in Spanish, is a school of macroeconomic thought based on the work of John Maynard Keynes. It emphasizes aggregate demand as the main driver of economic activity in the short run and holds that economies can experience persistent unemployment without policy intervention. Prices and wages are treated as sticky, so markets do not automatically clear.
Keynesian theory argues that when private demand falls, public demand through fiscal policy can compensate. Policy
Historically, Keynesian ideas were developed in The General Theory (1936) and became influential in mid-20th century
Key criticisms have come from monetarists and other schools that emphasize rules-based stabilization and the dangers