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Arthshastra Indian Journal of Economics & Research

ISSN: 2278-1811 Frequency: Quarterly Peer Review: Double-blind Published since: 2012 Language: English
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The Embeddedness of Depression in the Simple Keynesian Model

Open Access Original Article

The Embeddedness of Depression in the Simple Keynesian Model

Arup Kanti Konar1

1 Achhruram Memorial College, Jhalda, Purulia - 723 302, West Bengal

Volume 11
Issue 2
Pages 47–49
Year 2022
Received: April 18, 2022 Accepted: April 30, 2022 Published: June 1, 2022
Abstract

The sole objective of this very short paper was to disclose that depression is ingrained in the simple Keynesian model of hydraulic Keynesianism. Depression occurs in the Simple Keynesian Model because of the fact that the rate of change (growth) of saving is greater than the rate of change (growth) of investment. Depression can be cured, or prosperity can be realized if the rate of change (growth) of saving is equal to or less than the rate of change (growth) of investment.

Keywords Keynesianism Consumption Saving Investment Stability
How to Cite

Arup Kanti Konar (2022). The Embeddedness of Depression in the Simple Keynesian Model. Arthshastra Indian Journal of Economics & Research, 11(2), 47–49. https://doi.org/10.17010/aijer/2022/v11i2/172212

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