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investopedia.com
Consumption Function: Formula, Assumptions, and Implications
Explore the consumption function's formula, its role in predicting economic trends, and its impact on income and consumer behavior, as pioneered by John Maynard Keynes.
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93 reactions · 25 shares | Ready for some Econ History? Saturday on Lectures in History, University of California Santa Barbara economics professor Lanny Ebenstein teaches a class comparing the work of John Maynard Keynes, Friedrich Hayek, and Milton Friedman. Watch on C-SPAN 2 at 11am & 8pm ET https://www.c-span.org/video/?520458-1/economists-keynes-hayek-friedman | American History TV | Facebook
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