Four economic theories RE EDIT 🗝️ Manipulation 🔐💹📈📉📊🔗🧾

Four economic theories supply side economics, new classical economics, monetarism, and Keynesian economics
Supply side economics
This macroeconomic theory emphasizes market forces and believes that economic growth can be fostered by lowering taxes, decreasing regulation, and allowing free trade. Supply-side fiscal policies are designed to increase aggregate supply, which can expand output and employment while lowering prices. For example, supply-siders believe that tax cuts will stimulate the economy and bring in additional tax revenues, which is the idea behind the Laffer Curve.
New classical economics
This school of thought in macroeconomics emphasizes the importance of microeconomic foundations, especially rational expectations. New classical economists believe that countries must liberate their markets, reform labor markets, privatize state owned industries, and encourage entrepreneurship to develop. They also believe that policymakers are ineffective because individual market