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Military Keynesianism
Military Keynesianism is the position that the government should increase military spending in order to increase economic growth. The term is often used pejoratively to refer to politicians who reject Keynesian economics, except when arguing for the positive job creation of military spending.
Keynesians maintain that government spending should first be used for useful purposes such as infrastructure investment, but that even non-useful spending may be helpful during recessions. John Maynard Keynes advocated that government spending be used "in the interests of peace and prosperity" instead of "war and destruction". An example of such policies are the Public Works Administration in the 1930s in the United States.
== Keynes' 1933 letter to Roosevelt ==
In 1933, John Maynard Keynes wrote an open letter to President Franklin Roosevelt urging the new president to borrow money to be spent on public works programs.〔
抄文引用元・出典: フリー百科事典『 ウィキペディア（Wikipedia）』
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