The Economist explains | The Economist explains economics
What is the Keynesian multiplier?
Fiscal stimulus, an idea championed by John Maynard Keynes, has gone in and out of fashion
By R.A.
This week “The Economist explains” is given over to economics. For each of six days until Saturday this blog will publish a short explainer on a seminal idea.
More from The Economist explains
How political “cohabitation” works in France
Upcoming parliamentary elections could lead to a new period of political friction
How America’s presidential debates are changing this year
Will the Trump-Biden showdowns be an institution’s last gasp, or a new start?
What are MRP polls and can they predict election results accurately?
How a novel technique to predict Britain’s general election works