The debate between economists John Maynard Keynes and F. A. Hayek set to rap.
The one thing to remember in economics
I would think Japan’s last 2 decades of attempts at applying Keynesianism to rescue its economy would be proof enough to the falsity of that theory. Sadly, historical evidence often has little effect on people’s economic and political fantasy ideologies.
“The outstanding fact of the intellectual history of the last hundred years is the struggle against economics.” — Ludwig von Mises
John D. Cook
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