Keynesian v free market debate

IB Economics: Keynesian v free market debate

This page contains a historical account of the most recent financial crisis to hit the USA and the measures employed to rescue their ailing economy. There are two significant questions to take out of this lesson. The first is why did America feel compelled to employ a vast fiscal stimulus package despite the anti keynesian rhetoric employed by some US law makers? The second question to ask is: "to what extent was the...


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