John Maynard Keynes was the first to show that government policy could be used to change aggregate output and prevent recession by stabilizing the economy. Describe the economy of the world at the time Keynes was writing. Describe the economy of the United States today. What measures are being proposed by potential presidential candidates for the election of 2016 to stimulate growth in the economy? Do any of these proposed policies follow the policies proposed by John Maynard Keynes? If so, which policies and from which candidates?