Demand Management in Economics
Demand management in economics is the art or science of controlling economic or aggregate demand to avoid a recession. Such management is inspired by Keynesian macroeconomics, and Keynesian economics is sometimes referred to as demand-side economics.
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Famous quotes containing the words demand, management and/or economics:
“The sun is shining.
The shadows of the lovers have disappeared.
They are all eyes; they have some demand on me—
They want me to be more serious than I want to be.”
—Louis Simpson (b. 1923)
“This we take it is the grand characteristic of our age. By our skill in Mechanism, it has come to pass, that in the management of external things we excel all other ages; while in whatever respects the pure moral nature, in true dignity of soul and character, we are perhaps inferior to most civilised ages.”
—Thomas Carlyle (1795–1881)
“I am not prepared to accept the economics of a housewife.”
—Jacques Chirac (b. 1932)