What is the relationship between Laissez-Faire economics and Keynesian economics? - Professor Herard INR 2001 What is the relationship between

What is the relationship between Laissez-Faire economics and Keynesian economics?

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Professor HerardINR 2001What is the relationship between Laissez-Faire economics and Keynesian economics?
"Keynesian revolution". In contrast to the “Laissez-Faire” theory, Keynes believed that the government should get involved in the economy. In fact, he was in favor of using measures of fiscal and monetary policy, if an insufficient aggregate demand was not able to guarantee full employment in the capitalist system, in particular in the crisis phase of the economic cycle. His

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