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J.M. Keynese was the most influential economist of the first half of the 20th century. Keynese had said that in times of huge economic stress the government should become the spender of the last resort. The idea being that when the private sector was not spending money the government should stop in. This spending puts money into the hands of the people which they were likely to spend benefitting business and overall economy. Keynese therefore advocated for increased government expenditure and lower taxes to stimulate demand and pull the global economy out of the Great Depression. Keynesian economics was issued to refer to the concept that optimal economic performance could be achieved and economic slumps prevented by influencing aggregate demand through activist stabilisation and economic interventionist policy by the government. Keynesian Economics was considered as demand side theory that focuses on changes in the economy over short run.