This thinker hypothesized a contest in which the people who pick the most popular option win.
This thinker hypothesized a contest in which the people who pick the most popular option win. This man attacked general equilibrium theory by pointing out that, "in the long run, we're all dead." He first noted that prices and wages take time to adjust to market changes, making them (*) "sticky". This thinker argued that aggregate demand, not aggregate supply, shapes the economy, a view opposed by supply-side economics. This man inspired FDR with his advocacy of deficit spending to break out of the Depression. For 10 points, name this British economist and author of the General Theory.
This thinker hypothesized a contest in which the people who pick the most popular option win.
John Maynard Keynes