Uganda: Applying Keynesianism to Uganda’s Economy

[Independent (Kampala)] John Maynard Keynes, once honoured by Time magazine as one of the three most profound economists that ever lived, wrote The General Theory of Employment, Interest and Money; where he argued and also advocated for government intervention to actively manage economic cycles, contrary to the classical economic thoughts that assumed markets/economies to be inherently self-correcting. His bold ideas, while challenged by equally great economists such as the freest-market advocate, Milton Friedman, pushed several

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