John Maynard Keynes (1883-1946), however, felt quite differently. He advocated interventionist economic policy encouraging governments to leverage fiscal and monetary policies to allay the adverse consequences of downturns in business cycles, economic recessions, and depressions. Keynes argued that decisions made by individuals and groups in the private sector can, at times, produce negative macroeconomic results which can be mitigated by monetary measures and policy actions in the public sector. Whereas classical economists argue the validity of Say’s Law, that “supply creates its own demand,” as a market mechanism to avoid a “general glut,” Keynes contended that collective demand for goods might be deficient in times of economic crisis fueling high unemployment and damaging output (production). Hence, Keynes asserted that government policies should be applied to enhance the aggregate demand thereby stimulating economic growth and in turn decreasing unemployment and deflation. Keynesian strategies for recovering from a depression, or a “great recession,” involved stimulating the economy advocating reduction on interest rates and government investment in infrastructure. Big Daddy to the rescue.