Being a Keynesian

Although it's hard to completely identify with just one of the economic views we've recently learned about, I've come to the conclusion that I'm probably more of a Keynesian. I agree with the Keynesian view that aggregate demand is unstable, even without changes in the money supply. They say this is due to changes in investment spending, as illustrated in the equation C+I+X+G=GDP. To me, it only makes sense that aggregate demand would be determined by the spending of the consumers, the ones who create demand in the first place. Changes in aggregate demand, according to Keynesian economists, affects output and unemployment. I agree with this view because as demand increases, productivity and, therefore, output would logically increase. Along with the increase in output would come a rise in employment because more workers would be needed to meet the new output levels. Keynesians also believe that significant increases and declines in investment spending are the causes of demand-pull inflation and recessions and require government monetary and fiscal policies to correct them. I definitely think that we do need assistance from the government in stabilizing the economy and that it doesn't just self-correct. Finally, I agree with the idea that consumers aren't always rational when making purchases, as described by the term "animal spirits". Overall, I tend to side more with the Keynesian (and mainstream) view of economics.